Results 20,161-20,180 of 34,779 for speaker:Seán Fleming
- Public Accounts Committee: National University of Ireland Galway: Financial Statement 2013-2014 (6 Apr 2017)
Seán Fleming: That is an average and it does not take account of everything.
- Public Accounts Committee: National University of Ireland Galway: Financial Statement 2013-2014 (6 Apr 2017)
Seán Fleming: It was a simple question and that is the simple answer. There is more behind it.
- Public Accounts Committee: National University of Ireland Galway: Financial Statement 2013-2014 (6 Apr 2017)
Seán Fleming: You are at the Committee of Public Accounts.
- Public Accounts Committee: National University of Ireland Galway: Financial Statement 2013-2014 (6 Apr 2017)
Seán Fleming: Dr. Browne might explain precisely what he understands by casualisation when he is writing it.
- Public Accounts Committee: National University of Ireland Galway: Financial Statement 2013-2014 (6 Apr 2017)
Seán Fleming: The committee members will inform the clerk to confirm that.
- Public Accounts Committee: National University of Ireland Galway: Financial Statement 2013-2014 (6 Apr 2017)
Seán Fleming: I have two quick questions for Dr. Browne. In his opening statement, he said something that is news to me. He said that the university produces two formats of annual financial statements each year, the HEA funding statements which are audited by KPMG, and the general accepted accounting principles, GAAP, statements, which are audited by KPMG and the Comptroller and Auditor General. Why are...
- Public Accounts Committee: National University of Ireland Galway: Financial Statement 2013-2014 (6 Apr 2017)
Seán Fleming: Financial statements.
- Public Accounts Committee: National University of Ireland Galway: Financial Statement 2013-2014 (6 Apr 2017)
Seán Fleming: The generally accepted accounting standards. I still do not understand, and Ms Dooley will have to explain, why KPMG is auditing the same set of accounts as the Comptroller and Auditor General. I do not get it.
- Public Accounts Committee: National University of Ireland Galway: Financial Statement 2013-2014 (6 Apr 2017)
Seán Fleming: I understand that. Why is the Comptroller and Auditor General's account not adequate for that purpose?
- Public Accounts Committee: National University of Ireland Galway: Financial Statement 2013-2014 (6 Apr 2017)
Seán Fleming: I might ask the witness to come back to us. I do not think we have encountered this before. It has not emerged before that there are two sets of audited accounts. We will move on. I see on page 20, note 7 refers to external auditors €106,000 and internal audit €104,000. Is the internal audit function provided by KPMG?
- Public Accounts Committee: National University of Ireland Galway: Financial Statement 2013-2014 (6 Apr 2017)
Seán Fleming: Yes. Does that external audit cover both the Comptroller and Auditor General and KPMG? I am sorry I have never heard of these two sets of auditors before.
- Public Accounts Committee: National University of Ireland Galway: Financial Statement 2013-2014 (6 Apr 2017)
Seán Fleming: Yes, the €106,000. What is the internal audit function? Is that sub-contracted?
- Public Accounts Committee: National University of Ireland Galway: Financial Statement 2013-2014 (6 Apr 2017)
Seán Fleming: Does that external audit fee cover both KPMG and the Comptroller and Auditor General?
- Public Accounts Committee: National University of Ireland Galway: Financial Statement 2013-2014 (6 Apr 2017)
Seán Fleming: Is it just historic that the university wants its own private sector audit?
- Public Accounts Committee: National University of Ireland Galway: Financial Statement 2013-2014 (6 Apr 2017)
Seán Fleming: In the note immediately below that, the majority of the university's activities are not liable for corporation tax. The corporation taxation charge in the period in respect of the trading activities administered through subsidiary companies amounted to €59,000. The university paid a corporation tax of €59,000 on income from subsidiaries. I would not expect the witnesses to...
- Public Accounts Committee: National University of Ireland Galway: Financial Statement 2013-2014 (6 Apr 2017)
Seán Fleming: Which of them generated the surplus?
- Public Accounts Committee: National University of Ireland Galway: Financial Statement 2013-2014 (6 Apr 2017)
Seán Fleming: That make a surplus------
- Public Accounts Committee: National University of Ireland Galway: Financial Statement 2013-2014 (6 Apr 2017)
Seán Fleming: I am concerned when the university refers to the HEA funded statements and the other accounts for the Comptroller and Auditor General as if there are two sets of accounts. I have to draw the witnesses' attention to page 34. I have never seen this before. These are the university's accounts, not my accounts, I stress. It is on page 34 under the heading reconciliation of the deficit surplus...
- Public Accounts Committee: National University of Ireland Galway: Financial Statement 2013-2014 (6 Apr 2017)
Seán Fleming: That is what it states in simple English. One set of accounts goes to the HEA showing a loss of €1.742 million. At the bottom of the page the accounts that the Comptroller and Auditor General gets show a surplus of €2.843 million. I am utterly at a loss. I see the figures explaining the movement of €3 million or €4 million but I get concerned when I hear of one...
- Public Accounts Committee: National University of Ireland Galway: Financial Statement 2013-2014 (6 Apr 2017)
Seán Fleming: Ms Dooley need not go through the differences.