Oireachtas Joint and Select Committees

Thursday, 15 December 2016

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Irish Auditing and Accounting Supervisory Authority: Chairperson Designate

2:00 pm

Mr. Martin Sisk:

The first point I would make is that I have not stepped inside the door of IAASA yet because the procedures laid down require me to appear before this committee before I can do that. I will not make any premature judgments about what I might want to do because I have yet to meet the board for the first time. I have to meet the new chief executive, who was only recently appointed, and the staff and assess exactly where they are at currently. I am relying on the information I have from the annual report and all other related documents.

To return to the point the Deputy raised, I would like to review the existing work programme. There is an obligation on IAASA to produce a three-year work programme, which is submitted to the Minister. As the new incoming chairman, I would like to review the existing work programme to see if there are any new developments that need to be taken into account in that respect. The other element is to start the process of work involved in producing the next work programme. As I have said, a number of EU issues combined with, possibly, Brexit related issues are ones that I would like to have examined urgently in terms of difficulties that might arise very quickly.

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