Oireachtas Joint and Select Committees

Thursday, 27 September 2012

Public Accounts Committee

Special Report No. 78 of the Comptroller and Auditor General: Matters Arising out of Education Audits

11:00 am

Dr. RuaidhrĂ­ Neavyn:

I will deal with that matter.

I confirm that we fully accept the findings of the Comptroller and Auditor General's report. In our opening statement there is a list of the actions taken to ensure this does not recur, particularly in relation to the preapproval of expenditure, co-authorisation of expenditure and a review of expenditure in the office of the president. We have significantly reduced the cost from a peak value of almost €630,000 to a figure of €180,000 in the current year.

In terms of the control procedures we have put in place, we have also put in place additional control procedures and had a further review of the internal financial controls across the entire institute and it did not identify any further issue of concerns to the audit committee. That, again, was provided through our internal audit service. I hope that provides the answer to the Deputy's question.

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