no ineligible or excessive or reckless expenditure was declared (see Articles II.19.3 and No ineligible costs or excessive II.19.4 of the Agreement). or reckless expenditure was declared. The costs declared were incurred within the reporting period and free from eligible costs set out in Article II.19.4 of the Agreement. D.2 COSTS FOR EQUIPMENT, INFRASTRUCTURE OR OTHER ASSETS [choose one option and delete The Auditor sampled ______ cost items selected randomly (full coverage is required if there the other]. are fewer than 5 items, otherwise the sample should have a minimum of 5 items, or 10% of the [Option Only the 1: total, whichever number is the highest). depreciation costs for In addition to the verifications listed under point B.1.1) (standard findings 33-43) or, if equipment, infrastructure or applicable, also under point B.1.2) (standard findings 44-63), the Auditor performed the other assets are in following: accordance with Article If only the depreciation costs are in accordance with Article II.19.2 (c) of the II.19.2 (c) of the Agreement]. Agreement: the Auditor recalculated the depreciation costs and verified that they were in line [Option The full purchase 2: with the applicable rules in the international accounting standards and the usual accounting costs are eligible in practices of the Beneficiary (e.g. depreciation calculated on the acquisition value); accordance with Article The extent to which the assets were used for the action (as a percentage) was supported by II.19.2 (c) of the Agreement]. reliable documentation (e.g. usage overview table); only depreciation costs are eligible, the depreciation method used to charge the asset
no ineligible or excessive or reckless expenditure was declared (see Articles II.19.3 and II.19.4 of the Agreement). No ineligible costs or excessive or reckless expenditure was declared. The costs declared were incurred within the reporting period and free from costs set out in Article II.19.4 of the Agreement. D.2 COSTS FOR EQUIPMENT, INFRASTRUCTURE OR OTHER ASSETS The Auditor sampled ______ cost items selected randomly (full coverage is required if there are fewer than 5 items, otherwise the sample should have a minimum of 5 items, or 10% of the total, whichever number is the highest). In addition to the verifications listed under point B.1.1) (standard findings 33-43) or, if applicable, also under point B.1.2) (standard findings 44-63), the Auditor performed the following: If only the depreciation costs are in accordance with Article II.19.2 (c) of the Agreement: the Auditor recalculated the depreciation costs and verified that they were in line with the applicable rules in the international accounting standards and the usual accounting practices of the Beneficiary (e.g. depreciation calculated on the acquisition value); The extent to which the assets were used for the action (as a percentage) was supported by reliable documentation (e.g. usage overview table); [choose one option and delete the other]. [Option 1: Only the depreciation costs for equipment, infrastructure or other assets are eligible in accordance with Article II.19.2 (c) of the Agreement]. [Option 2: The full purchase costs are eligible in accordance with Article II.19.2 (c) of the Agreement]. only depreciation costs are eligible, the depreciation method used to charge the asset
cef_mga_-_annex_vii.docx