[okfn-coord] Fwd: FW: URF validation of Open Knowledge Foundation (OKF), 985784326-JR

Fri Mar 19 14:52:53 UTC 2010

No clue.

Should we ask an accountant or has this already been taken care of?

~Jordan

On 11 Mar 2010, at 12:30, Jonathan Gray wrote:

> Would most appreciate tips on what accounting method we should choose for EU!
> 
> J.
> 
> 
> ---------- Forwarded message ----------
> From:  <REA-URF-VALIDATION at ec.europa.eu>
> Date: Thu, Mar 11, 2010 at 1:12 PM
> Subject: RE: FW: URF validation of Open Knowledge Foundation (OKF), 985784326-JR
> To: jonathan.gray at okfn.org
> 
> 
> Dear Mr  Jonathan,
> 
> Thank you for sending us document.
> 
> Regarding your choise of ICM as Special Transitional Flat Rate, the
> current status of your organisation (Private, non-profit) does not
> allow you to opt for this ICM.
> 
> 
> In FP7 there are 4 methods for determining the indirect costs of a
> participation in a project (indirect cost methods - ICM) open to
> beneficiaries:
> 1.a  Actual (real) indirect costs;
> 
> 1.b  Simplified method for determining real indirect costs;
> 
> 2.  Standard Flat Rate; and
> 
> 3 . Special Transitional Flat Rate.
> 
> The choice of the ICM is related to the legal status of your
> organisation and to the type of accounting system that you use.
> 
> Entities having a developed analytical accounting system use real
> indirect costs (option 1.a). The simplified method (option 1.b) is
> provided for entities having an accounting system for determining the
> indirect eligible costs at the level of the legal entity (without the
> possibility to assign them to the individual project). The special
> transitional flat rate  (option 3; 60% of the direct eligible costs
> minus costs for subcontracting)  can be chosen  only  by  non-profit
> public bodies, secondary or higher education establishments, research
> organisations and SMEs who are unable to identify with certainty their
> real indirect costs for the project.
> 
> As an alternative to the above, all types of legal entities may opt
> for the standard flat rate (option 2; 20% of the direct eligible costs
> minus costs for subcontracting).
> 
> Please note that your organisation has to fully understand the rules
> regarding the choice of the ICM (Article 15 of Annex II to the grant
> agreement) and has to be in compliance with them. Note that a choice
> must be made in accordance with the usual accounting and management
> principles and practices. I would like to insist on your
> responsibility to choose the correct ICM otherwise the legality of
> Form C maybe put into question by the auditors.
> We highly recommend you to discuss this issue with the persons
> responsible within your organisation of the accounts and make sure
> that you are in compliance with our rules and your accounting
> principles when confirming your ICM choice.
> 
> Could you please choose for another ICM  and confirm us?
> 
> Kind regards,
> 
> REA - Research Executive Agency
> REA.A1 - FP7 Support Unit
> 
> Validation services - JR
> 
> Covent Garden, Tower B
> Pl. ROGIER 16 - 1210 Brussels
> 
> 
> -----Original Message-----
> From: okfn.jonathan.gray at googlemail.com
> [mailto:okfn.jonathan.gray at googlemail.com] On Behalf Of Jonathan Gray
> Sent: Thursday, March 11, 2010 12:30 PM
> To: REA URF VALIDATION
> Subject: Re: FW: URF validation of Open Knowledge Foundation (OKF), 985784326
> 
> Many thanks for you email! Please find the signed, dated Legal Entity
> Form attached.
> 
> Regards,
> 
> 
> 
> On Wed, Mar 10, 2010 at 12:07 PM,  <REA-URF-VALIDATION at ec.europa.eu> wrote:
>> 
>> Dear Sir,
>> 
>> Thank you for sending us documents.
>> 
>> However, the Legal Entity's Form which you sent to us was not filled. Please send us completed, dated and signed Legal Entity Form.
>> 
>> Kind regards
>> 
>> REA - Research Executive Agency
>> REA.A1 - FP7 Support Unit
>> 
>> Validation services - JR
>> 
>> Covent Garden, Tower B
>> Pl. ROGIER 16 - 1210 Brussels
>> 
>> 
>> -----Original Message-----
>> From: okfn.jonathan.gray at googlemail.com [mailto:okfn.jonathan.gray at googlemail.com] On Behalf Of Jonathan Gray
>> Sent: Tuesday, March 09, 2010 1:54 PM
>> To: REA URF VALIDATION
>> Cc: Rufus Pollock
>> Subject: URF validation of Open Knowledge Foundation (OKF), 985784326
>> 
>> To whom it may concern,
>> 
>> Please find attached documents for validation of the Open Knowledge
>> Foundation (temporary PIC: 985784326), as per:
>> http://cordis.europa.eu/fp7/pp-valid_en.html
>> 
>> This includes:
>> 
>>  * Articles of memorandum
>>  * Scan of certificate of incorporation
>>  * Completed legal entity form
>>  * Completed SME checklist
>>  * Scan of VAT registration
>>  * OKF company accounts 2007-2008
>> 
>> Our annual report 2007-2008 can be found online at:
>> http://okfn.org/board/reports/2008/
>> 
>> We would be most grateful if you could confirm the receipt of these
>> items as soon as possible. Also please let us know if there are any
>> other items you require, or if you would like us to make any
>> amendments or additions to the attached documents.
>> 
>> Regards,
>> 
>> --
>> Jonathan Gray
>> 
>> Community Coordinator
>> The Open Knowledge Foundation
>> http://blog.okfn.org
>> 
>> http://twitter.com/jwyg
>> http://identi.ca/jwyg
>> 
> 
> 
> 
> --
> Jonathan Gray
> 
> Community Coordinator
> The Open Knowledge Foundation
> http://blog.okfn.org
> 
> http://twitter.com/jwyg
> http://identi.ca/jwyg
> 
> 
> 
> -- 
> Jonathan Gray
> 
> Community Coordinator
> The Open Knowledge Foundation
> http://blog.okfn.org
> 
> http://twitter.com/jwyg
> http://identi.ca/jwyg
> 
> _______________________________________________
> okfn-coord mailing list
> okfn-coord at lists.okfn.org
> http://lists.okfn.org/mailman/listinfo/okfn-coord

____
Mr. Jordan S Hatcher, JD, LLM

More at: <http://www.jordanhatcher.com>
Co-founder:  <http://www.opendatacommons.org>
Open Knowledge: <http://www.okfn.org/>