Financial Management Toolkit for recipients of EU funds for external actions

Financial Management Toolkit for recipients of EU funds for external actions

This toolkit aims to help recipients of EU funds for external actions to comply with the conditions for financial management set out in contracts for EU-financed external actions.


  • Provide basic, practical guidance in a user-friendly format.
  • Identify important risk areas, indicate what can go wrong and explain how these risks can be avoided.
  • Provide best practices, tools and templates.

This toolkit covers eight financial management areas

Tools and templates

Tools and templates are provided as ready-to-use annexes to this toolkit:

Note: The toolkit is not a set of rules in addition to the existing legal, contractual and regulatory framework. (Legal notice)


  • PRAG

    The Practical Guide explains contracting procedures for EU external aid contracts financed by the EU general budget (Budget) and the 10th European Development Fund (EDF).

    Consult PRAG


    E-learning course on the Practical Guide. Do you want to know more about EU external action procedures? See our self-learning distance course on contractual procedures.

    e-Learning PRAG


    PROSPECT is the electronic system developed by EuropeAid to facilitate the submission of applications for call for proposals.



    Potential Applicant Data Online Registration database contains information on organisations applying for European Commission grants in the field of external assistance



    Delegated Cooperation, Cooperation with partner countries and with international organisations, Co-financing and Management Modes.

    Consult DEVCO-Companion