HM Treasury is not making the most of the information available within the WGA. As the balance sheet of the nation and an economic snapshot of the economy, the WGA has the potential to be an important and useful document in explaining where taxpayers’ money is spent and where are the government’s financial liabilities. Given this, there is more that HM Treasury could do to help Parliament read the accounts, and understand what the implications are of the information presented. This could, for...

HM Treasury is not making the most of the information available within the WGA. As the balance sheet of the nation and an economic snapshot of the economy, the WGA has the potential to be an important and useful document in explaining where taxpayers’ money is spent and where are the government’s financial liabilities. Given this, there is more that HM Treasury could do to help Parliament read the accounts, and understand what the implications are of the information presented. This could, for example, take the form of an annual financial presentation, using the data and information included in the most recent audited WGA. There are also inter Type: conclusion | Number: 6 | Response status: accepted Government response: The government agrees with the Committee’s recommendation. The department would welcome an opportunity to work with the NAO and Parliament by holding seminars and other training sessions. HM Treasury chairs the User and Preparer Advisory Group (UPAG) which brings toget