Dáil Éireann Debate, Tuesday - 28 January 2014
220. Deputy Michael McGrath asked the Minister for Finance if, in respect of his Department's audit committee, he will provide details of its current membership; the date of appointment of each member; the fees paid to each member; if members of the committee are required to hold certain professional qualifications; and if he will make a statement on the matter. [4217/14]
Amharc ar fhreagraMr Aidan Horan (Chairperson, Non-Executive Member). Mr Horan is a Director of the Institute of Public Administration (IPA) and is a qualified accountant. As Mr Horan is a serving public servant, Mr Horan's employer (the IPA) was paid €2,062.17 in fees in respect of Mr Horan's work on the Committee for 2013. Mr Horan was appointed on the 1st January 2012.
Mr Bryan O'Sullivan (Non-Executive Member). Mr O'Sullivan is retired, and was an Internal Auditor in the Bank of Scotland (Ireland). Mr O'Sullivan's fees for 2013 amount to €1,146.87. Mr O'Sullivan was appointed on the 1st February 2009.
Mr Martin Shanagher (Non-Executive Member). Mr Shanagher is an Assistant Secretary in the Department of Enterprise, Trade and Investment (DETI). As a serving Civil Servant, Mr Shanagher does not receive any fee in respect of his work on the Committee. Mr Shanagher was appointed on the 1st January 2011. His term of office ends with the meeting of 29 January 2014.
Mr Paul Ryan (Executive Member). Mr Ryan is Director in the Department of Finance. As a serving Civil Servant, Mr Ryan does not receive any fee in respect of his work on the Committee. Mr Ryan was appointed on the 07 October 2013.
Ms Niamh Campbell (Executive Member). Ms Campbell is a Principal Officer in the Department of Finance. As a serving Civil Servant, Ms Campbell does not receive any fee in respect of her work on the Committee. Ms Campbell was appointed on the 27th October 2011.
Members of the Committee are selected on the basis of either their knowledge of or experience in an auditing, accounting or business-related and/or public sector function.
In accordance with its Charter, the Audit Committee is required to have at least one member of the Audit Committee with recent and relevant financial experience. The Audit Committee annually reviews its training needs to identify any gaps in knowledge or expertise needed to fulfill its functions.
