Accounting of In-kind Contributions in European Research Infrastructure Consortia (ERICs) - The Case of the European Spallation Source ERIC
The European Spallation Source ERIC relies on in-kind contributions from its Members, including technical components, R&D and services, which are vital to its construction and operation. The complex nature and delivery of in-kind contributions have posed significant accounting challenges...
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| Format: | Article |
| Language: | English |
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Pensoft Publishers
2025-01-01
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| Series: | Research Ideas and Outcomes |
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| Online Access: | https://riojournal.com/article/145727/download/pdf/ |
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| author | Ohad Graber-Soudry Florian Weissbach Maja Jensen |
| author_facet | Ohad Graber-Soudry Florian Weissbach Maja Jensen |
| author_sort | Ohad Graber-Soudry |
| collection | DOAJ |
| description | The European Spallation Source ERIC relies on in-kind contributions from its Members, including technical components, R&D and services, which are vital to its construction and operation. The complex nature and delivery of in-kind contributions have posed significant accounting challenges. Following a comprehensive review in collaboration with external advisors, the European Spallation Source ERIC has adopted a harmonised approach that aligns the treatment of in-kind contributions with cash contributions, enhancing transparency towards stakeholders, compliance with accounting principles and the robustness of financial reporting. The experience of the European Spallation Source ERIC in addressing these complexities offers valuable insights for other ERICs and organisations with similar scopes, promoting effective and transparent management of in-kind contributions. This commentary aims to contribute to the broader understanding of managing in-kind contributions by sharing the European Spallation Source ERIC's experience and lessons learned. |
| format | Article |
| id | doaj-art-994c5370a2e1489393fbe36951aee6ad |
| institution | Kabale University |
| issn | 2367-7163 |
| language | English |
| publishDate | 2025-01-01 |
| publisher | Pensoft Publishers |
| record_format | Article |
| series | Research Ideas and Outcomes |
| spelling | doaj-art-994c5370a2e1489393fbe36951aee6ad2025-01-25T08:31:57ZengPensoft PublishersResearch Ideas and Outcomes2367-71632025-01-01111610.3897/rio.11.e145727145727Accounting of In-kind Contributions in European Research Infrastructure Consortia (ERICs) - The Case of the European Spallation Source ERICOhad Graber-Soudry0Florian Weissbach1Maja Jensen2X-officioEuropean Spallation Source ERICEuropean Spallation Source ERICThe European Spallation Source ERIC relies on in-kind contributions from its Members, including technical components, R&D and services, which are vital to its construction and operation. The complex nature and delivery of in-kind contributions have posed significant accounting challenges. Following a comprehensive review in collaboration with external advisors, the European Spallation Source ERIC has adopted a harmonised approach that aligns the treatment of in-kind contributions with cash contributions, enhancing transparency towards stakeholders, compliance with accounting principles and the robustness of financial reporting. The experience of the European Spallation Source ERIC in addressing these complexities offers valuable insights for other ERICs and organisations with similar scopes, promoting effective and transparent management of in-kind contributions. This commentary aims to contribute to the broader understanding of managing in-kind contributions by sharing the European Spallation Source ERIC's experience and lessons learned.https://riojournal.com/article/145727/download/pdf/Research infrastructuresERICIn-kind contributi |
| spellingShingle | Ohad Graber-Soudry Florian Weissbach Maja Jensen Accounting of In-kind Contributions in European Research Infrastructure Consortia (ERICs) - The Case of the European Spallation Source ERIC Research Ideas and Outcomes Research infrastructures ERIC In-kind contributi |
| title | Accounting of In-kind Contributions in European Research Infrastructure Consortia (ERICs) - The Case of the European Spallation Source ERIC |
| title_full | Accounting of In-kind Contributions in European Research Infrastructure Consortia (ERICs) - The Case of the European Spallation Source ERIC |
| title_fullStr | Accounting of In-kind Contributions in European Research Infrastructure Consortia (ERICs) - The Case of the European Spallation Source ERIC |
| title_full_unstemmed | Accounting of In-kind Contributions in European Research Infrastructure Consortia (ERICs) - The Case of the European Spallation Source ERIC |
| title_short | Accounting of In-kind Contributions in European Research Infrastructure Consortia (ERICs) - The Case of the European Spallation Source ERIC |
| title_sort | accounting of in kind contributions in european research infrastructure consortia erics the case of the european spallation source eric |
| topic | Research infrastructures ERIC In-kind contributi |
| url | https://riojournal.com/article/145727/download/pdf/ |
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