Oireachtas Joint and Select Committees

Thursday, 22 January 2015

Public Accounts Committee

Financial Statements of the Higher Education Authority 2013
General Report No. 85 of the Comptroller and Auditor General: Accountability and Governance on the National College of Art and Design

10:00 am

Photo of John McGuinnessJohn McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

What we have is Deloitte and O'Flynn Exhams doing an awful lot of the work and looking in the mirror about this work. There does not seem to be a transparent system within the colleges where real due diligence takes place and where there are separate entities from the accountancy world or the legal world, looking at this in a way that we get real figures out. To go back to the merger, due diligence for Deloitte and O'Flynn Exhams would have cost MTV €300,000. Did Mr. Boland know that?

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