Oireachtas Joint and Select Committees

Wednesday, 13 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

Okay, then there was also very significant non-audit fee income and very often it is said that auditors will get the foot in the door by getting the statutory audit but will earn very significant fees from non-audit work. So for example, there was a figure of €381,000 in 2010, which was the highest of years around that time, but what kind of work did Deloitte do for Ulster Bank apart from the statutory audit?

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