Oireachtas Joint and Select Committees
Thursday, 21 February 2013
Public Accounts Committee
Business of Committee
10:10 am
Mr. Seamus McCarthy:
Deputies may recall a report published last year on third level institutions. One of the points we raised was the figure of €750 million in balances. Different organisations have different requirements for working capital in order to run their business. I suggest getting a view from the Department of Finance, which is a more efficient way of framing questions for other Accounting Officers. The Department has an interest in ensuring balances are kept within the Exchequer. This would be a quicker way of getting an overview rather than trying to build it up from individual Accounting Officers.