Oireachtas Joint and Select Committees

Thursday, 22 October 2020

Public Accounts Committee

2019 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 11 - Office of Minister for Public Expenditure and Reform
Vote 12 – Superannuation and Retired Allowances
Chapter 3 - Vote Accounting and Budget Management
Chapter 4 - Accounting for Capital Assets
Chapter 5 - Accounting for Allied Services

11:30 am

Mr. Robert Watt:

Covid has put it back, unfortunately, like everything else. On making progress on blocks of work, we cannot make progress this year on the assets. We hope that for the appropriation accounts, which will be prepared next year in respect of this year, there will be more and better information on assets and that they are accounted for in line with the Comptroller and Auditor General's report and the updated guidelines.

We hope to see that and we should make progress there. We made progress on other aspects of the agenda as well. We will have the wide reforms in waves so certain Departments will go first. We are looking at an updated timeframe for this but next year our Department, the Department of Finance, the Office of the Comptroller and Auditor General and the Office of the President will, hopefully, migrate as wave 1 to the new financial management shared system. We have had some delays and false starts on this but next year we need to make a lot of progress.

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