Creating a Guidebook for Company x on Sound Financial Management of AMIF (Asylum, Migration and Integration Fund) Projects
Kuulas, Reena (2016)
Kuulas, Reena
Haaga-Helia ammattikorkeakoulu
2016
All rights reserved
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-201605137760
https://urn.fi/URN:NBN:fi:amk-201605137760
Tiivistelmä
Applying for EU funding for a project and receiving it brings a sign of relief to many but few expect the challenges to follow. Financial management of EU-funded projects comes with its own rules and there is no other way of getting around them other than by adapting them.
This is a project-based thesis and it was written particularly for the Finnish Immigration Service which implements EU-funded projects either singlehandedly or in partnership with others. The objective of the project was to create a guidebook to assist in the financial management of projects funded by AMIF (Asylum, Migration and Integration Fund). This was realized through four project tasks.
The first chapter sets the stage for the thesis with background information and project tasks. As financial management is part of project management, the thesis was demarcated to focus only on financial management. Next the thesis covers the international aspects, the benefits to the company and the introduction of the case company.
In AMIF projects, the budget structure is divided into direct and indirect expenses which would be the equivalent of direct and indirect cost budgets in a profit-making company. Therefore, an overview of budgets was chosen as the theory background.
The theory on budgets paved the way for designing the guidebook where the focus is on direct and indirect expenses in the AMIF budget structure. Here, it was mandatory to thoroughly analyze eligibility rules and their requirements bringing them to the forefront.
The data for the thesis was collected through primary and secondary data collection methods and covered AMIF rules and national as well as internal rules of the commissioning company. In addition, invaluable input from the finance and personnel departments in the commissioning company supplemented the missing parts.
Based on constructive feedback on the guidebook from the commissioning company, some alterations were made and the final version was created.
Keywords
sound financial management, budget structure, eligibility rules
This is a project-based thesis and it was written particularly for the Finnish Immigration Service which implements EU-funded projects either singlehandedly or in partnership with others. The objective of the project was to create a guidebook to assist in the financial management of projects funded by AMIF (Asylum, Migration and Integration Fund). This was realized through four project tasks.
The first chapter sets the stage for the thesis with background information and project tasks. As financial management is part of project management, the thesis was demarcated to focus only on financial management. Next the thesis covers the international aspects, the benefits to the company and the introduction of the case company.
In AMIF projects, the budget structure is divided into direct and indirect expenses which would be the equivalent of direct and indirect cost budgets in a profit-making company. Therefore, an overview of budgets was chosen as the theory background.
The theory on budgets paved the way for designing the guidebook where the focus is on direct and indirect expenses in the AMIF budget structure. Here, it was mandatory to thoroughly analyze eligibility rules and their requirements bringing them to the forefront.
The data for the thesis was collected through primary and secondary data collection methods and covered AMIF rules and national as well as internal rules of the commissioning company. In addition, invaluable input from the finance and personnel departments in the commissioning company supplemented the missing parts.
Based on constructive feedback on the guidebook from the commissioning company, some alterations were made and the final version was created.
Keywords
sound financial management, budget structure, eligibility rules