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Accept Accounting Practices

VU International News and Reviews No. 120 September 24 2018

May 2019

Simplification of funding and accounting rules for EU-funded research is high on everyone’s agenda. To help this improve, the European Universities Association has published a set of recommendations based on a detailed survey of differing national practices in universities’ accounting for their spending of public funds.

“Accept accounting practices of universities that are accepted by national authorities also for EU funding”, that is the basic recommendation.

Not a superfluous recommendation: only 12% of respondents to their survey said they could use institutional practices without restrictions. The EUA found that extension of acceptance to all cost types and improved acceptance of hiring rules are on the top of the wish list.

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