The WGA offers an important tool not only for managing public finances but for ensuring transparency and accountability.12 We received written evidence from the Institute of Chartered Accountants in England and Wales (ICAEW), which told us that the WGA is uniquely positioned to provide an overview of public sector spending, and how the public sector’s financial landscape is evolving. We also received written evidence from the University of Glasgow, which told us that timeliness is essential w...
The WGA offers an important tool not only for managing public finances but for ensuring transparency and accountability.12 We received written evidence from the Institute of Chartered Accountants in England and Wales (ICAEW), which told us that the WGA is uniquely positioned to provide an overview of public sector spending, and how the public sector’s financial landscape is evolving. We also received written evidence from the University of Glasgow, which told us that timeliness is essential when gathering high-quality data needed to produce useful information, and that delays reduce the credibility and transparency of information in the WGA a Type: conclusion | Number: 10 | Response status: accepted Government response: 1.1 The government agrees with the Committee’s recommendation. Target implementation date: Spring 2024 1.2 HM Treasury will write to the Committee by the end of March 2024 to provide an update on the publication plans for future Whole of Government Accounts (WGA). 1.3