HM Treasury - Finance for the Future Awards

The Whole of Government Accounts project is an accounting tour de force. The production of a single consolidation incorporating all the activities of the UK public sector is the culmination of 15 years’ work and is a significant technical feat.

This case study has been put together via the Finance for the Future Awards. The Awards are organized in partnership with ICAEW and Deloitte.

"The objective was to prepare a consolidated set of accounts for the entire public sector. One of the big benefits of pulling all of the assets and liabilities into one place is that you can use that to assess the long-term sustainability of the public finances."