Audit certificates

Audit certificate are used to enable the Commission to ensure that the costs charged to a European Community funded research project meet the conditions for financial support. In most contracts, contractors shall provide audit certificates prepared and certified by an external auditor (for public bodies by a competent public officer) at least once during the life of the project. (in Integrated Projects and Networks of Excellence each contractor must provide one per year). The audit certificate shall certify that the costs:

• are incurred during the duration of the project,
• are recorded in the accounts of the contractor,
• are determined in accordance with the usual accounting principles of the contractors,
• meet the other main contractual requirements regarding eligibility of costs (except for necessity).

Corresponding term unknown