Proper accounting for third-party-funded projects is an essential part of project management. In this session, you will gain a practical overview of the specific requirements for accounting for DFG and BMFTR projects.

The focus is on the requirements for eligible expenses, the correct allocation and posting of costs, and the specific considerations regarding the use of approved funds. In particular, the course will address which expenses are recognized under the respective funding conditions and what documentation is required for proper accounting.

Using practical examples, the following topics, among others, will be covered:

• Fundamentals and specific aspects of accounting for DFG and BMFTR projects
• Allocation and verification of expenses
• Personnel expenses, operating expenses, and capital expenditures
• Handling of reclassifications and corrections
• Grant approval and funding principles
• Fund disbursement and fund utilization
• Requirements for supporting documents and evidence
• Interim and final statements of expenditure
• Common sources of errors and ways to avoid them
• Responsibilities of project management, the institute, and third-party funding administration

The goal of the event is to give participants greater confidence in project-related fund management and accounting and to present the specific characteristics of the respective funding agencies in a clear and practical manner.

This event is intended primarily for project managers, administrative project coordinators, and staff members involved in the management and financial reporting of DFG and BMFTR projects.