In the 2022–23 WGA, the Treasury has added new sections to the performance report, improving the quality and accessibility of reporting in the accounts.45 These include new accounting spotlight sections that address key areas such as consolidation, new accounting standards and discount rates.46 Another section added this year is the ‘year at a glance’, where the WGA highlights some examples of spend in the year, such as £1.84 billion committed to the European Space Agency and £2.6 billion pro...
In the 2022–23 WGA, the Treasury has added new sections to the performance report, improving the quality and accessibility of reporting in the accounts.45 These include new accounting spotlight sections that address key areas such as consolidation, new accounting standards and discount rates.46 Another section added this year is the ‘year at a glance’, where the WGA highlights some examples of spend in the year, such as £1.84 billion committed to the European Space Agency and £2.6 billion provided in recovery funding to support the most disadvantaged pupils.47 Type: conclusion | Number: 20 | Response status: accepted Government response: The government agrees with the Committee’s recommendation. Target implementation date: Autumn 2025. HM Treasury has sought to continually improve WGA. The most recent improvement for the 2022-23 account was the inclusion of accounting spotlights, which provide a detailed overview of accounting conce