Catherine Byrne (Dublin South Central, Fine Gael) | Oireachtas source

The amendments relate to the appearance of the chief executive officer, CEO, before the Committee of Public Accounts. The purpose for which the CEO appears before it is to enable the committee to examine and report to Dáil Éireann on the annual financial statements and reports of the Comptroller and Auditor General on Children’s Health Ireland. Children’s Health Ireland will be preparing financial statements that will follow the standard rules and be audited by the Comptroller and Auditor General. Section 9 of Financial Reporting Standard 102 deals with the requirement to prepare consolidated financial statements. Under the section, the new body will be required to present a financial statement for itself and any of its subsidiaries on a consolidated basis. This means that the CEO is already required to give evidence on the economy and efficiency of a subsidiary of the new body in the use of its resources and the systems, procedures and practices employed by a subsidiary of the new body for the purpose of evaluating the effectiveness of its operations. It would, therefore, be unnecessary to reference this separately. Accordingly, I do not intend to accept amendments Nos. 9 and 10.

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