Companies Act 2014 section 944X

Accounts of Authority

Section 944X sets out the financial reporting, record-keeping and audit obligations of the Corporate Enforcement Authority, including the submission of estimates, maintenance of accounts, ministerial examination rights and the annual audit process.

• The Authority must submit income and expenditure estimates, along with future plans, to the Minister in whatever form and at whatever times the Minister requires.
• All accounts must be maintained in a format approved by the Minister with the consent of the Minister for Public Expenditure and Reform, including any special accounts those Ministers may direct.
• The Minister may appoint a person to examine the Authority's financial records at any time, and the Authority must facilitate and pay for such examination.
• Audited accounts must be submitted to the Comptroller and Auditor General by 1 April following the relevant financial year, and copies of the accounts and audit report must then be laid before both Houses of the Oireachtas.