On March 28-29, 2024, European Academy provided a specially tailored, in-house training course on Financial Administration & Auditing Preparation for EU Funded Projects to ROMATSA, the Romanian Air Traffic Services Administration, in Timisoara, Romania. Led by Sara Dishkova, a Certified Internal Auditor (CIA) since 2002 and an expert in EU funds management and auditing, this course addressed ROMATSA’s specific needs for effective financial oversight of EU-funded projects. Sara’s extensive experience with the European Commission, particularly with EU Agencies and beneficiaries of programs like FP7, brought real-world insights directly relevant to ROMATSA’s operational context.

The agenda was carefully customized after discussions with ROMATSA to target essential topics, including:

• Eligibility of Costs: Practical guidance on categorizing and reporting direct and indirect costs, with case studies.
• Grant Management Essentials: Best practices in record-keeping, budgeting, and handling audits to ensure compliance and sound financial management.
• EC-Focused Financial Procedures: An overview of EU funding regulations and the latest directives, including preparation for Horizon Europe frameworks.

Our tailored approach, emphasizing practical exercises and scenario-based learning, empowered participants to apply best practices in financial management and compliance, preparing them for seamless auditing and reporting on EU-funded initiatives.

Interested in strengthening your organization’s proficiency in managing EU-funded projects? Learn more about this Financial Administration & Auditing course here or explore our full range of in-house, customized training services designed to meet your unique requirements.