The National Treasury Management Agency (“the Agency”) is required by the National Treasury Management Agency Acts 1990 to 2014 to prepare financial statements in respect of its operations for each financial year.

In preparing those statements, the Agency:

• selects suitable accounting policies and then applies them consistently;
• makes judgements and estimates that are reasonable and prudent;
• prepares the financial statements on a going concern basis unless it is inappropriate to do so;
• discloses and explains any material departure from applicable accounting standards.

The Agency is responsible for keeping in such form as may be approved by the Minister all proper and usual accounts of all moneys received or expended by it and for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the Agency, its funds and the National Debt.

The Agency is also responsible for safeguarding assets under its control and hence for taking reasonable steps in order to prevent and detect fraud and other irregularities.

Conor O'Kelly, Chief Executive
National Treasury Management Agency

Willie Walsh, Chairperson
National Treasury Management Agency

24 May 2016