Threads / Fiscal Risks and Sustainability / The Treasury has laid out its aims for delivery of the 2020…
Committee Material Published 14 Oct 2022 ↗ View on Parliament

The Treasury has laid out its aims for delivery of the 2020–21 and 2021–22 accounts, setting target dates for publication of March 2023 and November 2023 respectively. This gives the Treasury less than 10 months from publication of the 2019–20 WGA for the preparation and audit of the 2020–21 accounts, and only eight months subsequently for the 2021–22 accounts.26 The accounts production timetables the Treasury laid out for 2019–20 were unrealistic and it is vital that this is not repeated so ...

The Treasury has laid out its aims for delivery of the 2020–21 and 2021–22 accounts, setting target dates for publication of March 2023 and November 2023 respectively. This gives the Treasury less than 10 months from publication of the 2019–20 WGA for the preparation and audit of the 2020–21 accounts, and only eight months subsequently for the 2021–22 accounts.26 The accounts production timetables the Treasury laid out for 2019–20 were unrealistic and it is vital that this is not repeated so that delivery plans are realistic and achievable going forwards.27 The Treasury has yet to develop a detailed delivery plan to support the high-level tim Type: conclusion | Number: 9 | Response status: not_addressed Government response: 1.1 The government agrees with the Committee’s recommendation. Recommendation implemented 1.2 HM Treasury wrote to the Committee in October 2022 indicating that the planned March 2023 publication date for the 2020-21 Whole of Government Accounts (WGA) was unlikely