The Finance Academy covers the full financial life cycle of a Horizon Europe project:
from budgeting and choosing between actual cost and lump sum to reporting and EC audits.
The Academy consists of two parts over five days:
This 2-day intensive training takes you through the full financial life cycle of Horizon Europe projects under both funding models: Actual Cost and Lump Sum. Through hands-on exercises, real project examples and case studies, you will learn how to build realistic and compliant budgets, manage partner finances, handle reporting requirements and prepare for financial checks. The course also clarifies the key differences, advantages and risks of the two models, helping you make the right choices and manage both with confidence.
17-19 March 2027 – Horizon Europe Master of Finance and EC Audits
Our renewed 3-day advanced financial course gives you an in-depth understanding of the financial rules, cost calculation and reporting protocols of Horizon Europe, for both actual cost and lump sum grants. Special attention is given to personnel cost calculation (actual cost, unit cost and lump sum), purchase costs, equipment, research infrastructure and internally invoiced costs.
Two signature workshops let you experience our learning-by-doing approach: in the first, you calculate eligible costs and prepare a financial statement for a virtual Horizon Europe project; in the second, you become an EC auditor for a day. The course closes with a special session on lump sum ex-post technical reviews.
Together, the two courses give you a complete, 360° understanding of financial management from budgeting to audit, across both actual cost and lump sum models. You will be guided throughout the week by our CEO and financial administration expert Gábor Kitley, and our Managing Director and EU projects expert Krisztina Tóth.
Participate in both parts of the Finance Academy and take your knowledge to the next level with our trainers.
This product includes:
Actual Cost vs Lump Sum: Mastering Horizon Europe Finances from Budgeting to Audit
Horizon Europe Master of Finance and EC Audits
What is included in the course price?
- Access to the digital version of the training materials;
- Certificate of participation;
- Catering (lunch and coffee breaks);
- Free online follow-up session (1-1,5 hour Q&A with the trainers) in the weeks after the training
Who is this Academy for?
Financial administrators and controllers, grants office staff, research managers and advisors, project managers and coordinators, finance NCPs, and anyone responsible for budgeting, reporting or financial coordination in Horizon Europe projects. While the Academy is fully aligned with Horizon Europe, it is also highly relevant for other EU programmes that follow similar financial and audit principles (e.g. Digital Europe, EDF, LIFE, Erasmus+, EU4Health).
Why Europa Media?
Europa Media is Europe’s leading provider of practical training courses on EU’s research and innovation programmes. We have 25 years of experience in developing and implementing projects under the Framework Programmes. Under Horizon 2020, we have been involved successfully in over 30 projects, coordinating six of them. In the first half of Horizon Europe, we are currently involved in 15 collaborative projects, coordinating or co-coordinating three of them. Europa Media’s trainers are actual project managers, coordinators, and financial administrators of these projects, sharing their stories and providing you with hands-on tips based on their everyday experience. For the past 20 years, they have been supporting all the major institutions as well as several of the NCPs in the Member States and countries associated to the Framework Programmes. This event, as always, has been designed based on our direct hands-on experience with EU research and innovation projects and is, therefore, 100% practice driven. Our practical approach has attracted over 10,000 participants from all over the world in the past 25 years. Read more about our projects here.
Our training courses also provide a great opportunity for networking, exchanging experience and establishing partnerships as well as disseminating your project results. On average, 25+ participants attend our face-to-face training courses, representing 15+ leading organisations from across Europe and beyond.
