Certificate on the financial statement A certificate on the financial statements must be issued for a H2020 project if the EU contribution exceeds EUR 325,000. A certificate on the financial statements must be submitted with the last financial report if the EU contribution (actual costs + own “unit costs”) is equal to or more than EUR 325,000. Please note: due to a different name under FP6, these certifications are also known as audit certificates. Issue of certificates by the Cantonal Audit Office Project partners from the University of St.Gallen can ask the Cantonal Audit Office to issue these types of certificates. Ask the admin department of your institute which employees at the Cantonal Audit Office are responsible for you. The Cantonal Audit Office audits the University’s Institutes and is therefore familiar with the University’s accounting system and procedures. The certificates must be requested from the Audit Office in time beforehand in order to make planning easier (if possible two months in advance). Certificates issued by other bodies These certificates on financial statements can also be issued by independent audit companies. However, they are usually more expensive.