Annual_Report2014

Annual Report 2014
Irish Auditing & Accounting Supervisory Authority
Table of Contents continued
CHAPTER 4
GOVERNANCE AND STRUCTURE ..................................................................30
1. Legal structure ................................................................................31
2. Organisational structure .......................................................................31
3. Governance ..................................................................................33
4. Corporate Governance Statement .............................................................39
5. Other public sector and other governance obligations ........................................... 41
Financia l & Related Statements
Report of the Directors ............................................................................43
Statement on Internal Financial Control .............................................................45
Statement of Directors’ Responsibilities .............................................................47
Comptroller and Auditor General: Report for presentation to the Houses of the Oireachtas ..............48
Statement of Financial Position ......................................................................51
Statement of Comprehensive Income ...............................................................52
Statement of Changes in Equity ...................................................................53
Statement of Cash Flows ..........................................................................54
Notes to the Financial Statements ..................................................................55
Appendices
Appendix 1: Board membership at year end and changes in composition since last annual report ..........71
Appendix 2: Charter of the audit committee .........................................................73
Appendix 3: Outputs compared to plan .............................................................77
Appendix 4: Commentary on certain aspects of the uk code and irish annex ...........................84
Appendix 5: Issuers examined by the financial reporting supervision unit during 2014 ...................86
Appendix 6: Tables of decisions presented by iaasa during 2014 to the EECS ...........................87
Glossary of terms .................................................................................89