This consultation seeks stakeholder views of a revision of the financial rules applicable to the EU budget. The objectives of this revision are: a simpler regulatory and financial set up, additional synergies and flexibility for budget implementation and a clear accountability framework. All citizens and organisations are welcome to contribute to this consultation. Input is particularly sought from recipients and beneficiaries of EU funding and the entrusted entities and partners with whom the Commission works through the current indirect management mode. The consultation was launched on 4 March and will be open until 27 May 2016.