Horizon 2020 Financial Rules and Reporting

This compact, yet complete, training course focuses on financial rules, management, reporting and EU monitoring of Horizon 2020 projects.

available dates


  • Gábor Kitley CEO
    Europa Media

Do H2020 financial reporting and EC audits scare you?

Are you often unsure whether you are doing the right thing in the most efficient way?

Do you need some concrete recommendations on what to do in case of specific situations (personnel cost calculation, budget reallocation, equipment costs) in your project?

We know that Horizon 2020 finances can be confusing; there is a lot of information and sometimes these can even be contradictory. We will not only explain those annotations in the H2020 model grant agreement, but we will give you examples and share our own experience and real stories from our own 15 running projects!

We will go over these and many more practical daily issues that you will typically come across during your project’s lifecycle. Also, feel free to ask your questions regarding your project during the training; we love to hear some real stories and you will also learn from other participants tackling similar challenges in their projects.

There a lot of “EU funding specialists” out there, but very few can prove their expertise through obvious success: up and running H2020 projects.

Europa Media and its sister company Geonardo have been active in EU funded research and innovation projects since 1999, having coordinated and implemented over 60 projects to date. Let our project managers and financial experts share their recommendations and struggles with you and provide you the confidence you need to smoothly handle your financial reports and survive EC audits.


Why participate in this course?

"Best trainer in Europe on H2020 finances"

We are proud to hear this from our clients and participants. Our trainer Gabor Kitley is an expert on Horizon 2020 finances. There is no question he cannot answer; you can test him. Over the past 15 years, he helped major universities, research institutions and corporations all over Europe to survive financial audits. We ourselves went through six audits since we started our first EU project.

Lectures and Workshops - a practical combination

This fast-track course is intended to provide a complete insight into Horizon 2020 financial issues through a mix of presentations and hands-on workshops:

The day will start with an extended presentation covering from A to Z of Horizon 2020 financial issues. It will be mind-blowing, but worth every second.

After this, you will go through Europa Media's famous financial reporting workshop to simulate financial reporting under H2020: together with your group mates, you will fill in an actual financial statement for an H2020 project using custom-made documentation including timesheets, salary slips and invoices.

After the workshop you will go over some pragmatic approaches in reporting; Point-by-point assessment of the prepared financial reports: Format, content; overall principles, possible bottlenecks, what should and should not be included.

The second day will finish with a step-by-step guide on how to report costs, deal with deviations, and internal allocation issues. Handling the EC requests for clarification, suspension of payments and other issues with a hands-on approach.

NOTE: This is an adapted version of our Master of Finance and Administration and EC audits for those who need a good overview of the finances in Horizon 2020 but lack the time to attend a 3-day course. You can always read the Annotated Model Grant Agreement (only a few hundred pages on finances - NB: latest version published in December 2018), or sit back and listen to the rules, their full explanation and specific examples from real life.


Is this training right for me?

Feedback from previous participants show that this course is equally useful for

  • Researchers         
  • Financial administrators
  • Project managers
  • Decision makers     

coming from

  • Public institutions
  • Universities and research institutions
  • SMEs and large companies


The training fee includes

  • Training material in electronic format
  • Coffee breaks and lunch at the venue
  • Access to our My Trainings (downloadable presentations, background documentations, workshop materials, partner search)
  • Access to Europa Media’s private LinkedIn group where you can ask our project managers any questions you might have after the training
  • Certificate of attendance

Accommodation is not included in the course price and should be arranged individually by the participants.

This course will be organised at Startup.be premises:

Kantersteen 10/12
1000 Brussels





    *5% transaction fee applies for Paypal and credit/debit cards


    The course will be hosted by our Belgian partners who have already worked with us as project partners in our Horizon 2020 projects and as a participant at our finance courses:

    Startups.be is the one-stop-shop for Belgian tech entrepreneurs with a global ambition. We help them by providing easy and qualitative access to investors, customers and experts. As a non-profit organisation, we connect the dots in the tech ecosystem and we are the voice of the startups in Belgium, looking to foster the startup culture with a neutral and inclusive approach and a national and international reach. Since its foundation in 2013, Startups.be has quickly grown to represent more than 1500 startups.



    EYIF is the leading foundation for youth innovation in Europe. We are an independent, non-profit association reaching over 500,000 people from across the continent. They are the voice for the community of innovators, mentors, influencers and experts who lead the movement in making Europe the ideal location for entrepreneurs from around the globe.