Kronis Blog

CFS Horizon Europe

What Is a Certificate on Financial Statements (CFS) in Horizon Europe?

If your organisation requests more than EUR 430,000 in EU funding, you’ll need a Certificate on Financial Statements (CFS)—a formal audit by an independent auditor confirming that your reported costs are accurate and eligible. This guide explains when the CFS is required, what auditors check across six cost categories, how to prepare without last-minute chaos.

Read More »

What Happens During a Horizon Europe Project Review (And How to Prepare)

Project reviews in Horizon Europe aren’t random audits—they’re triggered by red flags in your reporting. Missing deliverables, unexplained budget deviations, or vague progress descriptions can prompt the European Commission to launch a formal investigation. This guide explains the five-stage review process, what external experts actually check, and how to prepare traceable evidence in 30 days. Learn why most reviews are avoidable, what happens if you can’t provide documentation, and how digital systems help you stay audit-ready from day one.

Read More »
project costs rejected

Why Project Costs Get Rejected in Horizon Europe

Receiving EU funding is only the beginning. The real challenge starts when organisations must prove that every declared project cost complies with Horizon Europe eligibility rules. From personnel costs and procurement procedures to supporting documentation and audit readiness, even small financial errors can lead to rejected costs and financial corrections. In this article, we explore the most common reasons costs are rejected under Article 27 of the Horizon Europe Grant Agreement — and how organisations can reduce financial risk through stronger project governance and structured financial management.

Read More »
Scroll to Top