Certificate on Financial Statements (CFS) for EU Grants

CFS audit services for Horizon Europe, H2020, LIFE, Digital Europe, Erasmus+ and other EU-funded projects.

Quality Over Quantity

Certificate on Financial Statements (CFS) Audits for EC Grants Beneficiaries 

Together with Accountess, we provide CFS audit services for beneficiaries of EU-funded projects. A CFS is required once the EC contribution exceeds a certain threshold, which varies from programme to programme. For Horizon Europe, for example, a CFS is required when the requested EC contribution reaches EUR 430,000 or more. Getting it right protects your funding.

Our experience comes from the second level of audit, the audit performed on behalf of the European Commission, combined with more than 100 beneficiaries audited across Horizon Europe, LIFE, the Digital Europe Programme, and the EIC.

This dual perspective means we know exactly what EC auditors look for and how to correct your costs during the CFS process, so that any issues are caught early instead of surfacing too late during a European Commission audit.

We deliver every CFS audit with close attention to detail. Our approach is client focused, far from an industrial, high-volume model, so each engagement gets the care and technical rigour your project deserves.

Check our online dedicated platform: CFS Audit

Impact

Integrity

Innovation

Quality Over Quantity

Our Expertise

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CFS Audit Services for EU Grants

We provide Certificate on Financial Statements (CFS) audit services for beneficiaries of EU-funded projects, including Horizon Europe, Horizon 2020, LIFE, Digital Europe, Erasmus+ and other European programmes. For Horizon Europe, a CFS is generally required when the requested EU contribution reaches EUR 430,000 or more. Our work supports beneficiaries in preparing a complete, traceable and audit-ready CFS package.
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EC Audit-Oriented Review

Our approach is shaped by direct experience with European Commission audit expectations - second level of audit. We review declared costs with the same attention to eligibility, traceability and supporting documentation that beneficiaries may face in future EC checks or audits. This helps identify issues early and improves the quality of the financial reporting process.
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Detailed Cost Verification

We review all declared cost categories and provide detailed recommendations for correction where needed, ensuring a clear link between the costs, accounting records, project implementation and supporting documents.

For personnel costs, we perform a detailed recalculation of the eligible amount, helping beneficiaries understand the correct methodology and avoid future errors, especially when involved in multiple EU-funded projects. This is a key area, as European Commission audits have often identified personnel cost calculations as one of the most significant sources of errors.

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Tailored Support, Not Industrial Audit

We work with beneficiaries, coordinators, affiliated entities and project partners that need reliable CFS support for their EU-funded projects. Each engagement is handled with care, technical rigor and clear communication. Our objective is not only to deliver the certificate, but also to help clients understand documentation gaps and strengthen their audit readiness.

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Quality Over Quantity

Concluding

Navigating the complex landscape of EC grant agreements requires a partner with the expertise to ensure compliance excellence. Our accredited audit services are tailored to meet the diverse needs of EC grant beneficiaries, offering a comprehensive approach to first level controls. As you embark on your project journey, let our team provide the assurance and insights you need to navigate the audit process with confidence. Together, we can ensure the success of your EU-funded initiatives through meticulous compliance and financial integrity.