Ms Nóirín O'Sullivan:

Yes, I am confident. The confidence is based on the 19 recommendations of Mr. Kelly's interim audit report which had been given to Mr. Nugent to implement in full. Mr. Nugent chairs a high-level steering group. He has informed me that today he is in a position to inform the committee that we believe those recommendations will all be implemented by the end of this year.

Second, we have put in new administrative structures in the college, including one of the recommendations in Mr. Kelly's report, a principal officer with experience in this area who we are also supporting.

Third, to satisfy ourselves and to give me, as Accounting Officer, this committee and us, as the executive, assurances, our new audit committee is meeting for the first time next week, on 27 June, which is opportune. We will ask the audit committee for its advices on reviewing our internal control mechanisms and on how the internal financial control mechanisms - the audit committee, the internal audit and our new risk management processes - interact to ensure that we are in compliance with best corporate governance standards for public sector bodies. We will keep that under continuous review and take any advices from this committee and the Comptroller and Auditor General when he completes his report and from our own audit committee.