Oireachtas Joint and Select Committees
Thursday, 2 October 2025
Public Accounts Committee
Business of Committee
2:00 am
Mr. Seamus McCarthy:
I will begin with the items on the list. The Ireland-United States Educational Fund received a clear audit opinion for 2024.
The remaining accounts all relate to subsidiaries of Horse Racing Ireland. The audit of the group accounts is not yet completed. I expect it to be completed in the next few weeks. These are five of the subsidiaries. HRI Racecourses Limited received a clear audit opinion. Cork Racecourse Limited received a clear audit opinion. Navan Races Limited received a clear audit opinion. Irish Thoroughbred Marketing Limited received a clear audit opinion. Tote Arena Limited received a clear audit opinion. These are all financial statements for the 2024 period of account.
As the Chair mentioned, I also presented the 45 Vote appropriation accounts for 2024 on Tuesday, 30 September. They all received clear audit opinions but I drew attention to certain matters. I do not propose to go through the full list. Along with the appropriation accounts, I published the annual report on the accounts of the public services, which has 27 chapters. That is the material that now falls to be examined by the committee. Some matters from the previous year's report have also yet to be considered by the committee. I imagine the committee will be putting together a programme that schedules those items as it considers appropriate.
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