Neasa Hourigan (Dublin Central, Green Party) | Oireachtas source

Chapter 4 of the 2018 annual report of the Comptroller and Auditor General, in respect of accounting for capital assets, stated that the Department of Public Expenditure and Reform accepts different valuation methodologies by different Departments in respect of capital assets. That includes when and how often to conduct valuations, how to value those assets in the context of methodology and what the rate of depreciation might be. The report states this could create issues in assessing and doing comparative analysis between Departments. Considering that we are trying to get to a position where we can best use our land and property portfolios between Departments, has the Department attempted to regularise the valuation of capital assets? If so, will Mr. Watt outline what those are?