Oireachtas Joint and Select Committees

Wednesday, 13 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Susan O'KeeffeSusan O'Keeffe (Labour) | Oireachtas source

Finally, in 2011, the corporate watchdog, Paul Appleby, said there were grounds for questioning and I'm quoting what he said, "the consistency and quality of audit work within the profession." He went on to say he thought, "Auditors report surprisingly few types of company law offences to us", and went on to say that the so-called Big Four, of course of which you are a member, "the so-called big four auditing firms reporting the least often to his office at just 5% of all reports." You might care to comment on those observations.

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