Financial audit of EC projects
Please see the flow chart showing monthly audit process for the EC funded grants.
Guidance about EC financial audits
Horizon 2020 awards - an audit will be required with the final claim, when the total requested EC Contribution on actual direct costs (excluding indirect costs) exceeds €325,000.
Horizon Europe awards - an audit will be required with the final claim, when the total requested EC Contribution including indirect costs exceeds €430,000.
The audit requirements don’t apply to Marie Skłodowska-Curie grants and lump sum grants.
Read more on our Timesheets SharePoint site.