Oireachtas Joint and Select Committees

Thursday, 4 October 2018

Public Accounts Committee

Business of Committee (Resumed)

9:00 am

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

The Comptroller and Auditor General might make a comment on the next occasion as to how complete those accounts are and any other outstanding accounts.

The next item concerns another body which always has trouble with getting its accounts in on time. It is the National College of Art and Design. It has a clear audit opinion, but attention is drawn to procurement issues, a number of governance issues - the college was not in full compliance with the code of practice for the governance of State bodies - the board’s decision to discontinue a human resources management project resulting in a waste of public money amounting to €138,000, and the recognition of a deferred pension funding asset of €87 million, which is the standard for universities and third level institutions. We will write to the National College of Art and Design asking it to explain why it discontinued a project it had spent €138,000 on, with no benefit to the organisation or the public for that outlay, and also to deal with the governance issues, including its non-compliance with the code of practice for the governance of State bodies. We will ask for a specific note from the organisation to explain that. Has the Comptroller and Auditor General received its accounts for 2017?

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