Oireachtas Joint and Select Committees

Thursday, 6 April 2017

Public Accounts Committee

2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Waterford Institute of Technology: Financial Statements 2013-2014

9:00 am

Photo of Catherine MurphyCatherine Murphy (Kildare North, Social Democrats)
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I am absolutely surprised at the time we will have to expend on this sector. It is only a sample of the sector. That means that oversight on other sectors will be postponed or will be limited.

The Department of Education and Skills and the Higher Education Authority will have seen the audited accounts that have qualified certificates. In any organisation that would raise a red flag. In that context, the delay in providing up-to-date audited accounts is all the more alarming. What are the consequences and what controls are in place that will deal with that? What have the Department of Education and Skills and the HEA done to deal with the last set of qualified certificates? The Department and HEA should pay attention to the points that have been made about spin-offs.