Abstract

European research institutions handle the complexities of Horizon Europe, understanding the audit landscape is crucial for successful project and financial management.
This session will provide an examination of first and second level audits within the Horizon Europe framework, focusing on the Indicative Audit Programme (IAP) and legal obligations that beneficiaries must adhere to.
Additionally, a comparison of the rules governing audits in Horizon Europe and Horizon 2020, equipping participants with the knowledge needed to navigate the complexities of compliance effectively.
The session will then transition to second level audits, an integral component of the audit framework that allows the European Commission to assess the reliability of financial statements. The presenters will explore the second level audits, elaborate their scope and the potential consequences for organisations that may face findings or discrepancies, complemented by practical tips. An emphasis will be on the need for the documentary evidence necessary throughout the whole project lifecycle.
Therefore, this session is essential for research managers and administrative professionals, seeking to enhance their understanding of audit requirements and improve their project management practices. By understanding the audit framework of Horizon Europe, participants will be better prepared for audits, manage their projects effectively, mitigate risks, and foster a culture of accountability within their projects.
In this session, the practical experience of participants is highly welcomed.

Join us to uncover the essential elements of the audit process in Horizon Europe, ensuring that when the auditor rings twice, you are ready and well-prepared to answer confidently!