Dáil Éireann debate -
Wednesday, 16 Oct 1991

Vol. 411 No. 1

Written Answers. - Semi-State Companies' Audit Systems.

Ruairí Quinn

Question:

407 Mr. Quinn asked the Minister for the Environment if, in respect of each semi-State company responsible to his Department, he will outline (a) the type of internal audit system which has been established, (b) when it commenced to function, (c) the way in which it functions and (d) to whom it reports; whether he has satisfied himself that the system combines the necessary elements of scrutiny and managerial autonomy; and if he will make a statement on the matter.

Minister for the Environment (Mr. Flynn)

I am satisfied that the accounting systems and budgetary control arrangements for the commercial semi-State bodies for which my Department are responsible are commensurate with their responsibilities. It has not been considered necessary to establish an internal audit system within any of them. The accounts of these bodies must, when duly audited, be presented to me and copies laid before both Houses of the Oireachtas.