Deliverable 4.4 Reports on financial liquidity of the project

The main objective of the Deliverable 4.4 Reports on financial liquidity of the project is to ensure the constant monitoring of the financial liquidity of the project in each Beneficiary institution: Polish University Abroad (PUNO), Academy of Art in Szczecin (AASZ), Jan Evangelista Purkyne University in Usti nad Labem (UJEP) and University in Macerata (UNIMC). For this reason, the TICASS Main Coordinator is gathering from Beneficiaries’ Regional Coordinators Annual Financial Reports for each year of the realization of the project – until May the following year. In the first reporting year each Regional Coordinator prepared the Annual Financial Report in the form they felt adequate, usually as a separate document. After this, the Project Board decided to introduce common templates for Annual Report together with Annex 1 – Financial Report, to be filled in each year by each Beneficiary’s Regional Coordinator. Karolina Zawislak (AASZ) prepared such templates which were shared with the Project Board by the TICASS Main Coordinator. To date, Annual Financial Reports were collected for: 2017; 2018; 2019. One more set of Annual Financial Reports for 2020 will be collected at the beginning of the year 2021.

Collection of Annual Financial Reports from Beneficiaries’ Regional Coordinators supported preparation of the Periodic Report and helped to monitor funding of the research activity managed by each Beneficiaries’ institutions.

All the Annual Financial Reports are kept on file.