How to deal with simplified cost options
In the last years, the DG DEVCO and DG NEAR encouraged grant applicants to present their budgets, including simplified cost options. The main aim of this approach is to simplify and reduce administrative burdens, and of focus resources from administration/financial control to the achievement of project results.
Although, there are some guidelines available on the use of simplified cost options, many organisations often encounter difficulties in their practical use, when it comes to cost calculation and eligibility of costs and need to familiarise with these new requirements.
This webinar aims at giving a practical guide on the use of this approach, from proposal stage to reporting and expenditure verification phase.
To ensure an in-depth understanding on the use of simplified cost options in DG DEVCO/DG NEAR Grants.
At the end of the course, you will be able to:
- Understand the different types of simplified cost options
- Be able to prepare budget with the use of flat rates, unit costs, lumpsum
- Use the apportionment method, according to internal cost allocation system
- Keep simplified costs under control to ensure eligibility of costs
- Prepare the necessary documents for the expenditure verification of simplified costs
Methodology: how to participate?
The course is delivered on-line, in a virtual classroom. All what you need to participate is a computer and Internet connection. Each session is facilitated by one or more trainers who will share information, suggestions and best practices with participants, with the support of ppt presentations, websites presentation and other materials. During the webinar sessions, you will be able to interact with the trainers and the other participants with questions and comments.
In case you will not be available at the established time, all sessions are recorded and can be followed whenever you can.
At the end of the course, a certificate of attendance will be sent to all participants.
Through this webinar (1 lesson of 1h30m), you will get an overview of the simplified cost options approach, starting from the presentation of flat rates, unit cost and lumpsum in the budget, with the needed justification, to the monitoring of these costs during the project implementation and preparation of key documents for the expenditure verification and possible audits. A special session of the webinar will be dedicated to the “apportionment” method, to allocate the costs of local offices according to internal cost allocation method and management practices.