Oireachtas Joint and Select Committees
Thursday, 24 January 2013
Public Accounts Committee
National Transport Authority - Financial Statement 2011
11:40 am
Seán Fleming (Laois-Offaly, Fianna Fail)
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There is an unusual ratio used on page 46 of the NTA's accounts. The Comptroller and Auditor General's fee was very modest, at €17,613, but, as Deputy Ross stated, internal fees amounted to €84,742. This means the authority spent five times the amount on its internal audit function as it did on the external audit function. The ratio in this regard appears very high.