Oireachtas Joint and Select Committees

Thursday, 9 November 2017

Public Accounts Committee

Business of Committee

9:00 am

Photo of Seán FlemingSeán Fleming (Laois, Fianna Fail) | Oireachtas source

There has been direct contact between Deloitte and the committee secretariat. We not got a formal response yet. It is being watched on a daily basis. We will come back to it next week. We will make a point of making sure that issue is on our agenda for next week.

The next item is statements received since the last meeting. The Cork Institute of Technology 2016 accounts have a clear audited opinion except for the pensions issue; Letterkenny Institute of Technology 2016 accounts have a clear audited opinion except for pensions, costs and liability issue; and Galway Mayo Institute of Technology 2016 accounts have a clear audited opinion except for the non-recognition of pensions costs and liabilities and the Comptroller and Auditor General referred to the going concern issue. The institute has incurred deficits in each of the last five years and has an accumulated deficit of €3.3 million. The auditor's report has been signed off on on the basis that it will continue as a going concern. That is an important statement.

The next item is the 2016 accounts for Bord Bia, which has a clear audited opinion and the Food Safety Promotion Board-safefood 2016 account, which also has a clear audited opinion.

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