Oireachtas Joint and Select Committees

Thursday, 6 April 2017

Public Accounts Committee

2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Waterford Institute of Technology: Financial Statements 2013-2014

9:00 am

Photo of Catherine MurphyCatherine Murphy (Kildare North, Social Democrats) | Oireachtas source

What has happened as a consequence of the hearings is that people are coming forward with information that actually adds to our understanding. How that has not been understood in the areas that it should have been understood and acted on is extremely concerning. I concur with the point that this sector has a degree of freedom and autonomy that will potentially undermine its status and from the ultimate aim of being at the core of developing knowledge in our society and driving society and the economy. That raises a very serious red flag for the sector. Exactly what are the consequences for not providing the accounts on time and how does the Department and the HEA deal with an audit, which at best is a qualified audit?

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