Oireachtas Joint and Select Committees
Thursday, 24 September 2015
Public Accounts Committee
Business of Committee
10:00 am
Mr. Seamus McCarthy:
No. Every year the governing body is required to consider its ability to continue to operate as a going concern and it should only present its statements on the basis that it can continue as a going concern, if it believes that to be the case. A number of colleges have raised a concern that, because they have deficit situations, something has to be done to resolve that if they are to continue.