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Public Accounts Committee: Business of Committee (24 May 2018)

Seán Fleming: I am not disagreeing. We are just parking it. That is all we are doing.

Public Accounts Committee: Business of Committee (24 May 2018)

Seán Fleming: It will be possible to email that in.

Public Accounts Committee: Business of Committee (24 May 2018)

Seán Fleming: The Deputy has said it on the transcript. We will get the proposal from the transcript.

Public Accounts Committee: Business of Committee (24 May 2018)

Seán Fleming: The Deputy's proposal is in the transcript and that will be before us next week.

Public Accounts Committee: Business of Committee (24 May 2018)

Seán Fleming: I am not personally aware as Chairman of an update. We will ask a representative from the legal advisor's office to be here in private session next week.

Public Accounts Committee: Business of Committee (24 May 2018)

Seán Fleming: As Chairman, I can say that we will have it in writing for next week's meeting.

Public Accounts Committee: Business of Committee (24 May 2018)

Seán Fleming: But we will have it in writing.

Public Accounts Committee: Business of Committee (24 May 2018)

Seán Fleming: The commitment I can give the Deputy is that we will have a position paper from the parliamentary legal adviser for next week's meeting. That is as much as I can say today.

Public Accounts Committee: Business of Committee (24 May 2018)

Seán Fleming: I know the format of dealing with the parliamentary legal adviser and the office of the parliamentary legal adviser will want a memo setting out what it is being asked to look at. I will ask that both the Deputy and myself agree that memo before it goes to the office.

Public Accounts Committee: Business of Committee (24 May 2018)

Seán Fleming: We will run the memo by the Deputy in advance.

Public Accounts Committee: Business of Committee (24 May 2018)

Seán Fleming: We will ask that question and we will have an answer for next Thursday. At this stage, we will adjourn until our next meeting on Thursday, 31 May 2018, when we will be meeting An Garda Síochána.

Public Accounts Committee: 2017 Financial Statements of the Local Government Fund
2017 Financial Statements of the National Training Fund
2017 Financial Statements of the Economic and Social Research Institute
2017 Financial Statements of the Abbey Theatre
(23 May 2018)

Seán Fleming: We are joined by the Comptroller and Auditor General, Mr. Seamus McCarthy, and the deputy director of audit, Ms Patricia Sheehan. No apologies have been received and we will deal with the business to be transacted by the committee tomorrow in the normal manner. The topic on the agenda for this meeting is matters related to the submission to the Office of the Comptroller and Auditor General...

Public Accounts Committee: 2017 Financial Statements of the Local Government Fund
2017 Financial Statements of the National Training Fund
2017 Financial Statements of the Economic and Social Research Institute
2017 Financial Statements of the Abbey Theatre
(23 May 2018)

Seán Fleming: I thank Mr. McCarthy. We will now take the opening statement from Mr. Ó Foghlú in respect of the National Training Fund.

Public Accounts Committee: 2017 Financial Statements of the Local Government Fund
2017 Financial Statements of the National Training Fund
2017 Financial Statements of the Economic and Social Research Institute
2017 Financial Statements of the Abbey Theatre
(23 May 2018)

Seán Fleming: I thank Mr. Ó Foghlú. I call Professor Barrett from the Economic and Social Research Institute to make his opening statement.

Public Accounts Committee: 2017 Financial Statements of the Local Government Fund
2017 Financial Statements of the National Training Fund
2017 Financial Statements of the Economic and Social Research Institute
2017 Financial Statements of the Abbey Theatre
(23 May 2018)

Seán Fleming: I thank Professor Barrett. I call Mr. Murray from the Abbey Theatre to make his opening statement.

Public Accounts Committee: 2017 Financial Statements of the Local Government Fund
2017 Financial Statements of the National Training Fund
2017 Financial Statements of the Economic and Social Research Institute
2017 Financial Statements of the Abbey Theatre
(23 May 2018)

Seán Fleming: I thank Mr. Murray. That completes all of the opening statements. I thank all of the witnesses for their presence. Members can put a few short questions to them. I stress that it is a one issue agenda today. Matters related to the financial affairs of any of the organisations under discussion can be dealt with when the audit has been completed in due course.

Public Accounts Committee: 2017 Financial Statements of the Local Government Fund
2017 Financial Statements of the National Training Fund
2017 Financial Statements of the Economic and Social Research Institute
2017 Financial Statements of the Abbey Theatre
(23 May 2018)

Seán Fleming: I and the committee took the view it is a matter of good corporate governance. If there was never a statutory date, just because there is no statutory obligation to do something is not a reason for not doing it. Good corporate governance should dictate that the accounts would be submitted in a timely manner. That is all we are trying to achieve here. There might not be a statutory backup...

Public Accounts Committee: 2017 Financial Statements of the Local Government Fund
2017 Financial Statements of the National Training Fund
2017 Financial Statements of the Economic and Social Research Institute
2017 Financial Statements of the Abbey Theatre
(23 May 2018)

Seán Fleming: We will follow that up. Deputies Farrell and Connolly have indicated.

Public Accounts Committee: 2017 Financial Statements of the Local Government Fund
2017 Financial Statements of the National Training Fund
2017 Financial Statements of the Economic and Social Research Institute
2017 Financial Statements of the Abbey Theatre
(23 May 2018)

Seán Fleming: Not having a share capital, to be exact.

Public Accounts Committee: 2017 Financial Statements of the Local Government Fund
2017 Financial Statements of the National Training Fund
2017 Financial Statements of the Economic and Social Research Institute
2017 Financial Statements of the Abbey Theatre
(23 May 2018)

Seán Fleming: That also applies to the local authorities.

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