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live e-Course on financial management of European funded projects
&
​EC auditing

E-COURSE ON FINANCIAL MANAGEMENT OF EUROPEAN FUNDED PROJECTS
&
​EC AUDITING

What others say about the course and about Nikolaos as trainer

Frequently Asked Questions for this unique and eye-opening training

  1. How long does it take to see results? - Immediately at the seminar you will realise what you have been doing ineffectively and why you or others were not that successful in previous EC audits. Also by the end of the second day you will have a clear strategy and list of tasks to follow for developing your own audit-proof approach. By the end of the e-course, you will feel confident and full of energy to deal financially with any EU funded project.
  2. What if it doesn’t work for me? - Irrespectively of your experience whether you are a novice or an experienced manager in European funded projects, you will get a recipe that works for everyone in having success in such programmes. Furthermore, with our unique 100% satisfaction guarantee there is nothing you will lose. In case you believe it doesn't work for you (we doubt  but you may have your concerns since you haven't seen yet the high value of the content), you will get your money back, no questions asked.
  3. I’ve seen similar stuff in the past—what makes this different? This is a completely different approach that is delivered by one of the most engaging and experienced trainers/coaches. Also, the structure, the unique content, the great bonuses, the 100% satisfaction guarantee, and the strategies that can be easily and immediately applied make it the best training on Financial Management and EC auditing.
  4. What if I don’t have much time to spend on it right now?  The whole structure and approach along with the provided resources actually aim specifically to save you time in managing or consulting effectively EU funded projects as manager  or consultant respectively. You will master shortcuts and effective techniques. You can follow it at your own pace. It consists of four key modules.
  5. Will it be a good fit for me? As an individual that looks on career prospects  either as potential or current financial manager, project manager or consultant of EU funded projects, you will learn techniques and step-by-step strategies for audit-proof approach and rejection free project costs.  The structure of the webinar has addressed all diverse needs for any participant from beginner to senior. ​
  6. How can my participation be funded? You can always ask your research support office or your supervisor for any budget available towards the end of the year for any training activities. You may also consider having this training funded from a running project as an other costs activity or from its indirect costs. In any case this course has by far the best value for money with extra resources of total value more than 5100 EUR and you get them only with  a tiny fraction of it!
  7. Will I need exams for getting the certificate issued by City & Guilds/ILM?  You don't need to give any exams because C&G/ILM has recognised and validated the high value of the training approach and of the trainer. As soon as you register, you will have a month for accessing all the video recordings for receiving your City & Guilds/ILM specialisation certificate on "Financial Management of EU funded projects". 
  8. ​What extras will  I get with the course fee? You will get unique benefits as outlined below
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special price! register now before it expires

Exclusive training offer on mastering the financial management and EC auditing

We aim to offer you  a unique learning experience that stimulates brain as well as emotions and eventually to transform you into a much better person not only knowledge-wise in regards to EU financial management and EC auditing  but also feeling-wise.  We personally guarantee  that!! (check our 100% guarantee clause at the bottom).
We have combined a practical and eye-opening training even for experienced managers
 along with one of the  best trainers in management of EU funded projects, Mr. Nikolaos Floratos (see testimonials and profile below) with his unique teaching approach based on the latest scientific results from his Phd Research on student engagement, 

Confirm your seat from 35% special discount before it expires!!

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Duration and value

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This live eCourse  has a duration of two full days but you can complete it at your own pace by following each time a specific module.  It is based on recordings of the live sessions that  recently took place via zoom. As soon as you register, you will have life-time access to an eye opening training as well as access to unique resources.  The ultimate aim of this course is for participants not only to understand the full recipe with detailed steps on how to apply sound financial management practices  but also to build them with confidence, energy and joy for developing an audit-proof approach. 
WE PERSONALLY GUARANTEE THAT!

Why this course will give you financial freedom and a fulfilling job for life

EU funded project coordinators & managers, administrators and assistants as well as financial managers should participate in this comprehensive course. In fact anyone that is involved in the management and administration of EU funded projects should participate in this unique training that will master them to financially manage  european funded projects including big ones such as Horizon 2020, COSME, External Aid, IPA,  projects based on sound and stress free principles as well as to develop the proper practices on dealing with an EC audit. Sound financial management and proper reporting is not only under the responsibility of the financial managers but for all the individuals involved in the management of the project (Coordinators, partner's project manager, administrators, assistants and support staff).
Apparently, acceptance of the financial reports by EC financial officer or an auditing firm is not enough. Any EU funded project can be audited by EC services and its agencies for up to five years up after its last payment and EC audits have been tripled since 2010. EC auditing identifies errors to 87% of audited beneficiaries that lead to rejection of claimed costs in their financial statements that have been approved initially by the financial officer of EC or an certified auditor.
A well-trained individual on financial management and EC auditing practices provides great value to their organisation and to the related EU funded projects. A financial manager of EU funded projects in contrast to proposal writers and managers of EU grants, should only apply some specific rules and practices for becoming one of the best and most attractive financial managers of EU funded projects. On the other hand proposal writers and managers should always find creative and innovative ways to plan and implement their EU funded project.
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Personalised Training

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 We expect to achieve the best ever learning experience fully adapted to the learning needs of each participant.  Although the training is based on live recordings, within one month from your registration, we will organise a live zoom coaching session with the trainer,  Nikolaos Floratos. During this session, we will address any questions you have from the training as well as any other issues that you wish to tackle.

Learning Objectives

  1. become confident with the EU budget structure and its underlying mechanism and legislation
  2. get clarity on your responsibilities as a grant beneficiary but also on the responsibilities of the grant authority
  3. be able to estimate the budget for each of the suggested activities in your grant applications
  4. understand how to spot and deal with errors in financial reports
  5. master an approach for ensuring that all your reported costs will be accepted by the EC auditors
  6. ensure each of your reported cost items is eligible
  7. ​be able to prepare error-free financial reports of any EU funded project
  8. understand how the EU external audit works and where they give focus
  9. know what kind of information/documents are requested by the EU auditors and how they use them
  10. understand your actions before, during and after the EU audit
  11. know your next actions if you don't agree with the EU audit findings

Course Structure and Approach


Day 1
Module 1:
  • Fundamentals in Financing Rules: Funding types, Financial Liabilities, EC payments and auditing periods
  • How to use and take advantage of specific EU legislation  on european funds and apply it within your financial management practices and for defending your arguments to the EC officers and auditors in EU projects (e.g. Horizon 2020, Horizon Europe, COSME, Life+, external aid, IPA, etc)
  • Mastering the EU Budget intelligence for rejection free Financial management and Audit Proof approach of your Funded Projects
Module 2:
  • Hands on practice on all the above with ultimate aim to equip each participant with the legal knowledge  for dealing successfully with EC audits and the financial management of EU funded projects
Day 2
Module 3:
  • Eligible Costs/ Eligibility Check (ENA rule)
  • Ineligible costs / Conditions for ineligibility
  • Direct Costs Categories
  • Indirect Costs
  • Practices for eligibility of staff costs 
  • Time monitoring and recording free tools
  • Practices for eligibility of mission (travel and accommodation) costs 
  • Practices for eligibility of Equipment costs
  • Practices for eligibility of Subcontracting costs 
  • Practices for eligibility of Other costs
Module 4:
  • Strategy by the beneficiaries before, during and after the EC audit
  • Fundamentals on EC Auditing: Audit types, Contractual Provisions, EC audit outcomes and process
  • Preparing for the EC Audit
  • Pitfalls to avoid in EC audits
  • Familiarisation with all the documentation requested by EC Auditors​

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Specialisation Certificate

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All participants soon after attending the course will receive a specialisation certificate on "Financial Management of EU projects"  issued and delivered directly by Institute of Leadership and Management,  part of City and Guilds group.

Important Note

A competent financial manager of European funded projects and especially for research related projects with a large budget such as in  Horizon 2020 or Horizon Europe  will add great value to the projects and to their organisation. More than never 80 billion EUR should be financially managed properly  by following the ENA rule. They need to be Economic, Necessary and Actual. 
However, acceptance of your financial reports by the EC officer or an auditing firm is not enough. Your project can be audited by EC services and its agencies for up to 5 years after its last payment and EC audits have been tripled since FP7.  EC auditing identifies errors to 87% of audited beneficiaries that lead to rejection of claimed costs in their financial statement that have been approved initially by its financial officer. 

Available Unique Resources

In addition, we will make available  to all participants the following powerful tools and templates that are based on best practices
  1. The Full-Module Training Handbook™ with the training slides for each one of the modules above
  2. The EU projects - Financial Manager toolkit™ that contains examples and resources for financially managing  and dealing successfully with EC audits
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Stress free purchase

In order to have a stress free experience with your purchase,  you have life-time access to the full course as well as access to a live coaching zoom session within one month from your registration in order to discuss any further clarification and support you need. 

Course fee

The fee for participating in this course is just €697 (30% discount) with the specialisation certificate on Financial Management of European Projects issued by ILM/City & Guilds or  €397 (35% discount) without the certification. This price offers by far the best value for money. The total value of the course is more than  5179 EUR!
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100% Satisfaction Guarantee 

We are the only training organization that our approach is based on results and not on effort. We are so confident of the high value of our training that we personally guarantee on its quality, effectiveness and distinct value. In case, right after our training, you  believe you haven't managed to experience the transformation we promise you, then we will return  the full course fee !! That confident we are on the quality of our training and the transformation experience we can create!
Who else can do that!!?
Even if some of the participants have already participated in a similar training session, we are committed to deliver an eye-opening session for all participants from novices to senior experts in the topic since we apply unique teaching approaches based on science and on real-case scenarios. 

About the Trainer - Nikolaos Floratos

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​Nikolaos is ranked by Google and Linkedin in the top three positions as funding expert. The last 9 years, he has transformed hundrends of individuals into successful administrative and financial managers through science-backed and experience-based training and coaching practices. He has been involved as manager of european funded projects since 1997 and since 2010 supports organisations to develop an audit-proof approach in the financial management of their EU funded project. He has dealt with more  than 15 EC audits and his strong point is not only his vast experience in financial management and auditing practices but also his way to make people understand and master complex issues such as financial management and EC auditing by decomposing them into simple step-by-step practices. Through his PhD research that focuses on student engagement and his 11 years training experience, he has proved that anyone can master even complicated subjects very fast by receiving training and support in an engaging way and with the proper instruction strategy. He delivers all his courses and seminars based on continuous interactions with his audience and based on “recipes” and practical steps that allow them to absorb easily what they should master and achieve extraordinary results very quickly.

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What others say about Nikolaos

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