Proceedings of the Workshop on the Mid-Term Revision of the Financial Regulation Improvement of Direct Management & Outlook on the Commission Proposal

Briefing 15-09-2016

On 11 July 2016, at the request of the Committees on Budget and Budgetary Control, the Policy Department for Budgetary Affairs organised a half-day workshop on Mid-Term Revision of the Financial Regulation, Improvement of direct management & Outlook on the Commission proposal. Experts from the Commission, the ECA, the EARTO, the EUA, Firalis and Max-Planck-Gesellschaft presented their views on the following main issues: • Complications due to the multiplicity of accounting systems; • Complications due to multiplicity of audits and control levels; • Direct costs and flat rate costs models; • Specificity of the fundamental research sector; and • Loans versus subsidies. The aim of this brochure is to disseminate the information shared among the experts during this half day. This document can not constitute an authentic record of proceedings. The workshop was public and live webstreamed. The video record can be found under the following link: http://www.europarl.europa.eu/ep-live/en/committees/video?event=20160711-1500-COMMITTEE-BUDG.