Seán Fleming (Laois, Fianna Fail) | Oireachtas source

It is agreed and it is in our work programme for the autumn. Correspondence No. 2290 is from an individual, dated 27 June, which makes some observations relating to housing subsidies. We note that item. The next item is statements of accounts received since the last meeting, of which there are four. One relates to University College Cork, UCC. There is a qualified audit opinion and the university recognises a deferred funding asset in respect of future pension liabilities. However, it has recognised €3.75 million more than is warranted for a funding agreement it entered with the Higher Education Authority. Otherwise, the financial statements give a true and fair view. On a separate point, it is noted that the university had non-compliant procurement to the value of €2.9 million in 2016 and 2017. It is unusual for the Comptroller and Auditor General to qualify an audit.