Oireachtas Joint and Select Committees
Thursday, 17 December 2020
Public Accounts Committee
Caranua: Financial Statements 2019
11:30 am
Mr. Seamus McCarthy:
Maybe I could offer the Deputy something on that. In the context of a statement of internal control, one cannot get absolute assurance. It is just not possible. The phrase that is conventionally used is that the system of control provides a reasonable level of assurance. It cannot be an absolute one.