Threads / DHSC Group Accounting Manual Updates / We asked the Treasury how it would resolve information on g…
Committee Material Published 19 Mar 2025 ↗ View on Parliament

We asked the Treasury how it would resolve information on given topics, such as pensions, being dispersed across the accounts. It replied that, whilst the notes and accounts are prepared in line with International Financial Reporting Standards (IFRS) and therefore have a prescribed format, it can bring information together in the performance report in future.48 We also questioned the Treasury on several areas of interest, such as liabilities to the EU, which we found lacked sufficient explana...

We asked the Treasury how it would resolve information on given topics, such as pensions, being dispersed across the accounts. It replied that, whilst the notes and accounts are prepared in line with International Financial Reporting Standards (IFRS) and therefore have a prescribed format, it can bring information together in the performance report in future.48 We also questioned the Treasury on several areas of interest, such as liabilities to the EU, which we found lacked sufficient explanation within the accounts. In response, it noted that full detail could not be given for all topics, as a balance is needed in level of detail given on a Type: conclusion | Number: 21 | Response status: accepted Government response: The government agrees with the Committee’s recommendation. Target implementation date: July 2025. One of the important principles of WGA is that it summarises and presents information already in the public domain. It is correct that departmental accounts should be the