Dáil Éireann Debate, Thursday - 30 November 2017
57. Deputy Thomas P. Broughan asked the Minister for Business, Enterprise and Innovation if he has satisfied himself that sufficient personnel and resources have been provided by the State to the Irish Auditing and Accounting Supervisory Authority; and if he will make a statement on the matter. [51381/17]
View answerThe Irish Auditing and Accounting Supervisory Authority (IAASA) currently has an approved staff complement of 43. At present, 24 staff are in place, with recruitment of additional staff underway and plans to commence a further recruitment campaign. Through these recruitment campaigns, the Authority is working towards having a full staff complement in situ at the earliest opportunity.
The Authority, in common with many other State organisations, faces significant challenges in the recruitment of high quality professional staff to deliver on its remit of supervising and promoting high quality financial reporting, auditing and effective regulation of the accounting profession.
IAASA has the necessary budget to meet all costs associated with the functions conferred on the Authority.
