Oireachtas Joint and Select Committees
Thursday, 13 July 2017
Public Accounts Committee
Business of Committee
9:00 am
Seán Fleming (Laois, Fianna Fail) | Oireachtas source
We will hold this financial statement over for the next meeting and come back to it then. The next item is the accounts of Dublin City University, for which there is a clear audit opinion. The financial statements of Dublin City University educational trust group have not, however, been consolidated with those of the university group. Here we go again. The trust had accumulated reserves of €16.1 million by the end of 2015. We only touched on a sample of these the last day that we were here. There is no case to be made for not consolidating a trust. Am I correct in that? Foundations are different.
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