Oireachtas Joint and Select Committees

Wednesday, 9 July 2025

Joint Oireachtas Committee on Enterprise, Tourism and Employment

Irish Auditing and Accounting Supervisory Authority: Engagement with Chairperson

2:00 am

Ms Aisling Kennedy:

As chair, I am in the very enviable position of having great confidence in the team we have. I know from wider engagement that it is a team that is thought of very highly in international forums. We have super experts. Regarding the size of the organisation, we are quite careful with the money we receive from our funders, the Exchequer and the accounting profession. To provide an example, when we were looking at the additional staff we would need to provide oversight of sustainability reporting, the board challenged Mr. Prendergast, as chief executive, as to whether he was bringing in enough additional people. I believe we are getting the balance right. It is obviously important we have the capability we need but it is equally important we spend our funds wisely. That will continue to be a watching brief for the board and the organisation. Mr. Prendergast may have something he would like to add to that.