Oireachtas Joint and Select Committees

Thursday, 20 October 2016

Public Accounts Committee

2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 37 - Department of Social Protection
Chapter 9 - Regularity of Social Welfare Payments
Chapter 10 - Roll-out of the Public Services Card
Social Insurance Fund 2015

9:00 am

Mr. Seamus McCarthy:

They are a contingent asset, and in recognition of the fact that it was unlikely that the full sum would be recovered, the accounting policy that the Department adopts is not to recognise the debts.