We certify the financial statements of 289 public bodies, auditing €270 billion of public money.
OCAG 2021 report
The reports being discussed by the Committee of Public Accounts on 8 December are re-allocation of voted funds, collection of VAT on e-Commerce, Revenue’s suspension of periodic reviews of tax clearance certificates and overstatement of certain unallocated tax deposits.
Net cost of banking stabilisation measures
Measures taken by the State to stabilise the banking sector, following the onset of the financial crisis in 2008, have a long-term impact on the Exchequer. Based on information available up to the end of 2021, this examination has estimated that the net cost to the State from banking stabilisation measures, including substantial recapitalisation of domestic banks, was around €46 billion at 31 December 2021.
Our mission is to provide independent assurance that public funds and resources are used in accordance with the law, managed to good effect and properly accounted for and to contribute to improvement in public administration.