Oireachtas Joint and Select Committees

Thursday, 29 March 2018

Public Accounts Committee

Business of Committee

9:00 am

Photo of Catherine ConnollyCatherine Connolly (Galway West, Independent)
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I refer to the non-consolidation of the foundation accounts. I understand that this came to the attention of the committee inadvertently through the Comptroller and Auditor General's reports, where we discovered that various universities, not all of them, had foundations. Mr. McCarthy pointed out that they were not consolidated. The universities' explanation was that they do not control them, so there is no reason to consolidate them. Was that accepted by the Higher Education Authority?