Oireachtas Joint and Select Committees

Thursday, 14 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Terence O'Rourke:

Property experience as well, yes we did have, yes. I ... the thing we'd obviously take a look at every now and again, when I was head of audit and the managing partner ... make sure there'd be the right level of expertise in the main audits and every now and again, we'd take a look at the make-up of the teams in each of our main clients, and we'd make sure we got the skills, we got the appropriate experience, we got the people doing ... who got the right training. AIB is also an SEC registrant, so in terms of being knowledgeable of the US rules, and the SEC rules, we had to make sure they had ... the people that were assigned to those, those audits, had the full range of experience and expertise.

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