Oireachtas Joint and Select Committees

Thursday, 23 March 2023

Public Accounts Committee

2021 Financial Statements of Enterprise Ireland: Discussion

9:30 am

Mr. Leo Clancy:

We have a commercial valuation team that is expert in examining accounts. There are external people to whom we have recourse. Our investment committee includes external industry members. We have a comprehensive assessment programme that we apply to companies. As Mr. Sherry said, risk can never be eliminated but we must mitigate it, where possible.