Delays in accounts production prevent Whole of Government Accounts from reaching full potential as a tool.
In its written evidence to us, the ICAEW told us that the WGA was not yet filling its full potential as it was not being used as the multi-purpose tool that it should be. The Institute maintained that annual financial reporting is a multi-purpose tool that underpins effective financial management, …
Government response. The government agrees to improve WGA accessibility, commits to working with NAO and Parliament on seminars, and has written to the Parliamentary Scrutiny Unit to explore providing training sessions for MPs to better utilise the WGA.
HM Treasury