otherwise the sample should have a minimum of 5 items, or 10% of the total costs declared under this category, whichever number is the highest) The Auditor inspected the sample and verified that: travel and subsistence costs were consistent with the Beneficiary's usual policy for travel. In The costs declared were this context, the Beneficiary provided evidence of its normal policy for travel costs (e.g. use incurred within the reporting of first class tickets, reimbursement by the Beneficiary on the basis of actual costs, a lump period and free from sum or per diem) to enable the Auditor to compare the travel costs charged with this policy; eligible costs set out in Article travel costs are correctly identified and allocated to the action (e.g. trips are directly linked to II.19.4 of the Agreement. the action) by reviewing relevant supporting documents such as minutes of meetings, workshops or conferences, their registration in the correct project account, their consistency with time records or with the dates/duration of the workshop/conference; no ineligible costs or excessive or reckless expenditure was declared (see Articles II.19.3 and II.19.4 of the Agreement). D.2 COSTS FOR EQUIPMENT, INFRASTRUCTURE OR OTHER ASSETS [choose one option and delete The Auditor obtained the detail/breakdown of equipment, infrastructure and assets and sampled ______ cost items selected randomly (full the other]. coverage is required if there are fewer than 10 items, otherwise the sample should have a minimum of 5 items, or 10% of the total costs [Option Only the 1: declared under this category, whichever number is the highest). depreciation for In addition to the verifications listed point B.1.1) (standard findings 33-43) or, if applicable, equipment, infrastructure or also under point B.1.2) (standard findings 44-63), the Auditor performed the following: other assets are eligible in If only the depreciation are in accordance with Article II.19.2 (c) of the accordance with Article Agreement: the Auditor recalculated the depreciation costs and verified that they were in II.19.2 (c) of the Agreement]. line with the applicable rules in the international accounting standards and the usual [Option The full purchase 2: costs are eligible in
otherwise the sample should have a minimum of 5 items, or 10% of the total costs declared under this category, whichever number is the highest) The Auditor inspected the sample and verified that: travel and subsistence costs were consistent with the Beneficiary's usual policy for travel. In this context, the Beneficiary provided evidence of its normal policy for travel costs (e.g. use of first class tickets, reimbursement by the Beneficiary on the basis of actual costs, a lump sum or per diem) to enable the Auditor to compare the travel costs charged with this policy; travel costs are correctly identified and allocated to the action (e.g. trips are directly linked to the action) by reviewing relevant supporting documents such as minutes of meetings, workshops or conferences, their registration in the correct project account, their consistency with time records or with the dates/duration of the workshop/conference; no ineligible costs or excessive or reckless expenditure was declared (see Articles II.19.3 and II.19.4 of the Agreement). 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 obtained the detail/breakdown of equipment, infrastructure and assets and sampled ______ cost items selected randomly (full coverage is required if there are fewer than 10 items, otherwise the sample should have a minimum of 5 items, or 10% of the total costs declared under this category, whichever number is the highest). In addition to the verifications listed 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 are eligible 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 [choose one option and delete the other]. [Option 1: Only the depreciation 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
cef_mga_annex_vii_revision_nov_2017_approved_clean.docx