Oireachtas Joint and Select Committees
Thursday, 17 January 2013
Public Accounts Committee
Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011
1:45 pm
Mr. Andy Harkness:
I do not have the details of that to hand or what our consideration of it was at the time. Obviously, what we have signalled to the committee in the past is if there are instances of loss or uneconomic expenditure, it is imperative that the matter be disclosed in the accounts. We also signalled a threshold where we will draw attention in terms of our audit certificate to those matters. The amount in this case did not exceed that threshold but it obviously was of such significance that we insisted that the matter be disclosed in the accounts.
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