Oireachtas Joint and Select Committees

Wednesday, 13 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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Okay. An auditor would discuss their findings privately with management and any significant risk would be formally recorded in a management letter. Can you recall any issue which could have potentially led to a qualified audit report but which after discussion with bank management was regarded as not warranting inclusion in a formal management letter?