Results 18,961-18,980 of 26,053 for speaker:Kieran O'Donnell
- Public Accounts Committee: Special Report No. 83 of the Comptroller and Auditor General: Managing Elective Day Surgery (6 Nov 2014)
Kieran O'Donnell: And consultants.
- Public Accounts Committee: Business of Committee (6 Nov 2014)
Kieran O'Donnell: Is it that it all happens at once?
- Public Accounts Committee: Business of Committee (6 Nov 2014)
Kieran O'Donnell: The difference is that if a private sector company does not meet its audit filing deadlines there are consequences but it would appear that for public bodies in a similar situation, there are very few, if any, consequences. If persistent problems arise every year with audits, they need to be highlighted. It is incumbent on us as a committee to ensure that this happens. The budget is drawn...
- Public Accounts Committee: Business of Committee (6 Nov 2014)
Kieran O'Donnell: There is a major issue there that must be highlighted. Our remit is very simple. We are charged with ensuring proper accountability vis-à-visthe public purse and taxpayers' money. When I talk about taxpayers I include unemployed people who pay VAT, for example. I refer to every person who is walking the streets and is spending money. We must get to the root of this problem. It is...
- Public Accounts Committee: Business of Committee (6 Nov 2014)
Kieran O'Donnell: Why is that?
- Public Accounts Committee: Business of Committee (6 Nov 2014)
Kieran O'Donnell: Would it be fair to say that a third of the required bodies have delivered their statements on time?
- Public Accounts Committee: Business of Committee (6 Nov 2014)
Kieran O'Donnell: They are supposed to deliver. What is the timescale? Are they typically supposed to be delivered in December?
- Public Accounts Committee: Business of Committee (6 Nov 2014)
Kieran O'Donnell: Within six months.
- Public Accounts Committee: Business of Committee (6 Nov 2014)
Kieran O'Donnell: Two months.
- Public Accounts Committee: Business of Committee (6 Nov 2014)
Kieran O'Donnell: When are you required to get them?
- Public Accounts Committee: Business of Committee (6 Nov 2014)
Kieran O'Donnell: The six months at the end of the year means the bodies are required to publish audited statements by 30 June.
- Public Accounts Committee: Business of Committee (6 Nov 2014)
Kieran O'Donnell: How many of those bodies currently publish their statements by 30 June?
- Public Accounts Committee: Business of Committee (6 Nov 2014)
Kieran O'Donnell: Strictly speaking, they should be doing it within six months.
- Public Accounts Committee: Business of Committee (6 Nov 2014)
Kieran O'Donnell: How many of them are meeting the requirement? Did Mr. McCarthy say 71?
- Public Accounts Committee: Business of Committee (6 Nov 2014)
Kieran O'Donnell: That is 30%. That means 70% of bodies in the main do not provide their audited statements-----
- Public Accounts Committee: Business of Committee (6 Nov 2014)
Kieran O'Donnell: ----to the Comptroller and Auditor General.
- Public Accounts Committee: Business of Committee (6 Nov 2014)
Kieran O'Donnell: To whom are they to give them by 30 June?
- Public Accounts Committee: Business of Committee (6 Nov 2014)
Kieran O'Donnell: That means that 70% of bodies are not presenting audited statements to individual Ministries at the current time.
- Public Accounts Committee: Business of Committee (6 Nov 2014)
Kieran O'Donnell: With due respect, I came from the private sector. There are constraints in many private companies in terms of meeting deadlines. The Chairman will be well aware of this. There are small companies which cannot meet their filing requirements within nine months and run the risk of being struck off. Suddenly, there is a situation where taxpayers' money is tied up in various bodies. I am not...
- Public Accounts Committee: Business of Committee (6 Nov 2014)
Kieran O'Donnell: Six years.