Oireachtas Joint and Select Committees

Thursday, 24 November 2022

Public Accounts Committee

Financial Statements 2021: National Lottery Fund

9:30 am

Mr. Derek Donohoe:

There is no set figure. We review the financial statements of the operator annually and we look to see it has the appropriate controls in place and that the auditors are satisfied. We get a report from the auditors specifically to us on the controls in place. Then we look at the financial statements to see if those statements create concerns for us with regard to the financial viability of the company. We look to see if Deloitte, the auditor of PLI, has raised in its report any concerns with regard to financial viability. The accounts are all prepared on a going concern basis-----

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