Oireachtas Joint and Select Committees
Wednesday, 5 July 2023
Joint Committee on Tourism, Culture, Arts, Sport And Media
Transparency of RTÉ Expenditure of Public Funds and Governance Issues: Discussion (Resumed)
Ms Breda O'Keeffe:
Per my recollections about the barter account that had a couple of different suppliers in there, RTÉ finance had financial control over the barter account and the accounting transactions - the revenue and the cost side - were accounted for within the monthly management accounts and, as such, into the annual statements as well. The operational control, that is, what went in and out of it in terms of what was bought with it, was under commercial control. That is per my statement and that is to clarify that. The financial control - the accounting for it, the reporting of it and the reconciliation to barter statements, which we got on a regular basis - was done by the commercial revenue finance manager. The operational control as to what was bought or not out of the account was under commercial control. I hope that clarifies matters.
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