Whole of Government Accounts

Public Accounts Committee Closed Inquiry
Opened: 26 Apr 2022 Closed: 14 Dec 2022 Parliament page
The Whole of Government Accounts (WGA) is a unique document which provides the most complete and accurate picture available of UK public sector finances. A set of financial statements prepared by HM Treasury in accordance with International Financial Reporting Standards, it consolidates information on the financial performance of over 9,000 … Read more
21 Recommendations
6 Conclusions
1 Report
1 Oral session
4 Letters
1 Event
Activity timeline 8 events
12 Jan
2023
Correspondence
14 Dec
2022
Report published
8 Nov
2022
Correspondence
17 Oct
2022
Correspondence
14 Oct
2022
Report published
8 Jun
2022
Oral evidence
8 Jun
2022
Formal meeting (oral evidence session) · The Grimond Room, Portcullis House
9 Mar
2022
Correspondence
Oral evidence sessions 1 session
8 Jun 2022
View on parliament.uk
Whole of Government Accounts
Cat Little · Cabinet Office Sir Tom Scholar · HM Treasury Vicky Rock · HM Treasury
Title HC No. Published Items Response
Twentieth Report - Whole of Government Accounts 2019–20 HC 31 14 Oct 2022 27 Responded
Recommendations & Conclusions
4 results
Clear
1 Conclusion Acknowledged
Twentieth Report - Whole of Govern…
Based on the Whole of Government Accounts (WGA) for the year ended 31 March 2020,...
Based on the Whole of Government Accounts (WGA) for the year ended 31 March 2020, we took evidence from HM Treasury (the Treasury) on 8 June 2022.1 The WGA is a unique document which provides the most complete and accurate … Read more
Government Response
The Treasury is revisiting the timetable for the 2020-21 account and future cycles and will write to the Committee setting out a long term recovery strategy to strengthen discipline within the system and investing in specialist project management support and increasing the size of the WGA team.
HM Treasury
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7 Conclusion Acknowledged
Twentieth Report - Whole of Govern…
Timeliness is essential when gathering high-quality data needed to produce useful information; delays reduce the...
Timeliness is essential when gathering high-quality data needed to produce useful information; delays reduce the value and transparency of information in the WGA and diminish its potential to generate valuable insights.17 The published accounts are an important source for key … Read more
Government Response
The Treasury is revisiting the timetable for the 2020-21 account and future cycles in light of the causes of the delays both this year and for 2019-20, and will write to the Committee setting out a long term recovery strategy that is realistic.
HM Treasury
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8 Recommendation Acknowledged
Twentieth Report - Whole of Govern…
Throughout the course of the 2019–20 accounts preparation process, the Treasury repeatedly underestimated how long...
Throughout the course of the 2019–20 accounts preparation process, the Treasury repeatedly underestimated how long it would take to produce the WGA; missing both 11 Public Accounts Committee, Report of session: Whole of Government Accounts 2018–19, 22 January 2021 12 … Read more
Government Response
The Treasury is revisiting the timetable for the 2020-21 account and future cycles in light of the causes of the delays both this year and for 2019-20, and will write to the Committee setting out a long term recovery strategy that is realistic.
HM Treasury
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9 Recommendation Acknowledged
Twentieth Report - Whole of Govern…
The Treasury has laid out its aims for delivery of the 2020–21 and 2021–22 accounts,...
The Treasury has laid out its aims for delivery of the 2020–21 and 2021–22 accounts, setting target dates for publication of March 2023 and November 2023 respectively. This gives the Treasury less than 10 months from publication of the 2019–20 … Read more
Government Response
The government agrees with the Committee’s recommendation, acknowledging the unlikelihood of achieving the planned March 2023 publication date and stating they are revisiting the timetable and will write to the Committee with a long term recovery strategy.
HM Treasury
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Government Response AI assessment · 27 of 21 classified
Accepted 16
Accepted in Part 1
Acknowledged 4
Rejected 6
Total 21 recs + 6 conclusions
Correspondence 4 letters
12 Jan 2023 Correspondence from Catherine Little, Second Permanent Secretary Head of Government Finance Function, HM Treasury, re Whole of Government Accounts (WGA), dated 20 December 2022
Parliament page
8 Nov 2022 Correspondence from Dame Meg Hillier, Chair, Committee on Public Accounts to Catherine Little Second Permanent Secretary HM Treasury, re Whole of Government Accounts 2020-21, dated 3 November 2022
Parliament page
17 Oct 2022 Correspondence from Catherine Little, Director General, Public Spending HM Treasury, re Whole of Government Accounts (WGA), dated 4 October 2022
Parliament page
9 Mar 2022 Correspondence from Dame Meg Hillier, Chair of the Public Accounts Committee, to Catherine Little, Director General, HM Treasury, re Whole Government Accounts 2019-20 and 2020-21, dated 3 March 2022
Parliament page