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#Accounting Error

# accounting-error - Thursday 7 June, 2012

PAC chair blasts “whitewash” report into €3.6bn accounting error Accounting Error This post contains videos

PAC chair blasts “whitewash” report into €3.6bn accounting error

Both internal and external reports on the accounting mistake were discussed at the Dáil’s Public Accounts Committee.

# accounting-error - Wednesday 6 June, 2012

Finance chief to meet with PAC over €3.6bn accounting error

Two leaked reports into the €3.6 billion discrepancy in the government’s debt figures have recommended that statistics be compiled by the Central Statistics Office and not the Department of Finance.

# accounting-error - Monday 14 May, 2012

Report on €3.6 billion accounting error may be published next week

Both an internal investigation and external review have been completed, with Michael Noonan now left to seek government approval.

# accounting-error - Thursday 23 February, 2012

External review of €3.6bn accounting error "under way" - Noonan

The minister says he hopes to publish the results of internal and external inquiries into the error – depending on legal advice.

# accounting-error - Wednesday 23 November, 2011

Cardiff could go back to old job - but has one day to apply

The post of Secretary-General at the Department of Finance requires “effective management” and “excellent co-ordination” with key agencies such as… the NTMA.

Kevin Cardiff misses EU job by one vote Court Of Auditors This post contains videos

Kevin Cardiff misses EU job by one vote

Ireland’s nominee for the European Court of Auditors, Kevin Cardiff, was given a tough time at the Committee on Budgetary Control today.

Kevin Cardiff to be grilled by MEPs over European job

The Department of Finance head has been nominated to the EU Court of Auditors amid controversy over a €3.6billion error in the State accounts.

# accounting-error - Wednesday 9 November, 2011

Government won't intervene over Kevin Cardiff appointment to top EU job

Cardiff, who was the Department of Finance chief at the time of the €3.6 billion accounting error, is in line for a salary of over €180,000

The 9 at 9: Wednesday

Nine things to know this morning…

# accounting-error - Monday 7 November, 2011

EU official hits out at Kevin Cardiff over €3.6bn accounting blunder

MEP Marta Andreasen has said the outgoing Finance head is not suitable for a position on the European Court of Auditors.

# accounting-error - Thursday 3 November, 2011

Dept of Finance, CSO and NTMA officials face questioning over 'accounting error'

The department’s secretary-general, due to take up a position with an EU fiscal watchdog next year, is to appear before the PAC today.

# accounting-error - Wednesday 2 November, 2011

Department of Finance was told about the €3.6bn mistake last year - but did nothing

Michael Noonan has announced a review will be carried out to determine how the “humiliating schoolboy error” was made and why it was ignored.

PAC chair criticises Dept of Finance 'culture of ignoring outside sources' over €3.6bn error

John McGuinness wants a “comprehensive explanation” for accounting error in which €3.6bn of state funds was counted twice.

# accounting-error - Tuesday 1 November, 2011

State 'no better or worse' off as result of €3.6bn accounting error, says CSO

The Central Statistics Office says that a €3.6 billion accounting error in the state finances is due to the figure being mistakenly treated as “external borrowings”.

Ireland's finances €3.6bn better than thought - due to accounting error

A figure of €3.6 billion passed between State agencies was accidentally counted twice – creating an accounting error equal to 2.3 per cent of GDP.