By the nature of its role as the public spending watchdog, the Committee of Public Accounts is one of the most powerful Oireachtas committees.

It has a key role to play in ensuring that there is accountability and transparency in the way Government agencies allocate, spend and manage their finances and in guaranteeing that the taxpayer receives value for money for every euro spent.

The Committee of Public Accounts is a standing committee of the Dáil and is responsible for examining and reporting on reports of the Comptroller and Auditor General on departmental expenditure and certain other accounts. It also considers the Comptroller and Auditor General's reports on his or her examinations of economy, efficiency, effectiveness evaluation systems, procedures and practices.

The adoption of Dáil Standing Order 186 established the Committee of Public Accounts.

See the Dáil Éireann Standing Orders