Oireachtas Joint and Select Committees

Thursday, 11 April 2019

Public Accounts Committee

Business of Committee

9:00 am

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

A small amount also remains to be collected by the fund. We will write to Caranua for an update on its current financial position.

No. 4.3 is the 2016 and 2017 accounts of the National College of Art and Design. There is a clear audit opinion but attention is drawn to the college's disclosure that it was not fully in compliance with the code of practice for the governance of State bodies and that action is being taken to address this. The college incurred a deficit for the year of €444,000 and had an accumulated deficit of €1 million at the end of 2017. We note that. Historically, the college has often been late with its accounts.

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