Oireachtas Joint and Select Committees

Thursday, 1 July 2021

Public Accounts Committee

Higher Education Authority: Financial Statements 2019

9:30 am

Dr. Alan Wall:

We did not have concerns. We trusted but verified. Both we and the institutions were working at speed. We created a structure around that where the institutions signed an undertaking by the president and the bursar saying that they had certified the figures they had given us and that they could provide vouchers for them and if there was any overpayment by us, we would reclaim it through the core grant and have a third party carry out an audit, which is what is happening at the moment.

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