Oireachtas Joint and Select Committees

Thursday, 12 May 2022

Public Accounts Committee

2020 Report of the Comptroller and Auditor General and Appropriation Accounts
University of Limerick Financial Report 2020

9:30 am

Ms Mary Harney:

The Chairman told us earlier to be careful when talking about people who are outside the House. My role in KPMG as chair of the public interest committee is to oversee its audit function. In 2010, what are called public interest entities were transposed into Irish law under an EU directive. The regulatory body for accountants recommended that big accounting firms have a public interest committee of independent people to oversee that function. That is my sole role. To clarify the matter, I have no operational role, in-house role, executive role or director role at KPMG.