Emmet Stagg (Kildare North, Labour)
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Question 47: To ask the Minister for Enterprise, Trade and Employment if he has agreed a work programme with the Irish Auditing and Accounting Supervisory Authority; the number of staff for which the IAASA has approval between 2006 to 2008; and if he will make a statement on the matter. [23515/06]

Michael Ahern (Cork East, Fianna Fail)
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The Irish Auditing and Accounting Supervisory Authority (IAASA) submitted its Work Programme for 2006 — 2008 and its Programme of Expenditure for 2006 as provided for under the Section 13(1) of the Companies (Auditing and Accounting) Act, 2003 (the 2003 Act). Under section 13(4) of the 2003 Act I approved, with the consent of the Minister for Finance, and, after considering the views of the prescribed accountancy bodies, IAASA's Programme of Expenditure for the current year and a staff complement of 15 for 2006. I had a copy of IAASA's Work Programme for 2006 — 2008 laid before the Houses of the Oireachtas as provided for by section 13(8) of the 2003 Act. The 2003 Act does not require that I approve IAASA's Work Programme.

The programme of expenditure and staffing levels for IAASA require to be approved on an annual basis.