Great Britain. Treasury
Published: 2009
Total Pages: 92
Get eBook
In the 2007 green paper "The governance of Britain" (Cm. 7170, ISBN 9780101717021) the Government made a commitment to simplify financial reporting to Parliament, ensuring that it reports in a more consistent, transparent and straightforward fashion at all three stages in the process - budgets, estimates and expenditure outcomes. The Govenrment uses budgets to plan what it will spend, presents estimates to Parliament for approval and then, after the year end, publishes resource accounts. This document sets out the Government's proposals for achieving better alignment between budgets, estimates and accounts. It follows much consultation with the Public Accounts, Treasury, Liaison, Procedure and Modernisation committees of the House of Commons and the National Audit Office and internal and external stakeholders.