The Whole of Government Accounts (WGA) is not sufficiently transparent on devolved spending. The WGA is designed to provide a comprehensive picture of the UK’s public sector finances and support more effective management of fiscal risks. By consolidating financial information across government, the WGA aims to improve transparency and enable better-informed decision-making on long-term obligations and fiscal sustainability. However, the Committee notes that the WGA does not currently offer sufficient evaluation of devolved governance structures or detailed examination of how devolved budgets are allocated and managed. This gap limits the ability of Parliament and the public to fully understand the financial implications of devolution and assess whether resources are being used efficiently across the UK. Furthermore, recent analysis indicates that Scotland are the second-poorest performing sector—surpassed only by the Local Authority sector—in the timely submission of returns to the WGA. The lack of data from Scottish entities is a serious impediment to scrutinise all parts of the UK public sector to provide value for money. recommendation a. Treasury should outline in their Treasury Minute response how the WGA disclosures will be updated in the 2024–25 annual report and accounts to clarify devolved spending. b. Treasury should outline in their Treasury Minute response how they will ensure Scottish entities submit audited data in the 2024–24 WGA. 7 1 Missing and unaudited data Introduction