Oireachtas Joint and Select Committees

Thursday, 3 December 2015

Public Accounts Committee

2014 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2014
Chapter 2 - Government Debt
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2014
Finance Accounts 2014

10:00 am

Ms Cep Carty:

The reality of it is that we are engaging with the European Public Sector Accounting Standards group. It has a working group in place that is looking at both accruals accounting and fiscal transparency. We are doing a "lessons learned" process with places like Malta, that has moved further ahead, and the Austrian Treasury. We are trying to avoid pitfalls that they might have encountered along the way.