Whole of 바카라 사이트 Accounts, 2009 to 2010
This publication contains the Whole of 바카라 사이트 Accounts for the year ended 31 March 2010
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Details
Whole of 바카라 사이트 Accounts (WGA) is a consolidated set of financial statements for the UK public sector. It consolidates the audited accounts of over 1,500 organisations across the public sector, including central government departments, local authorities, devolved administrations, the health service, academies and public corporations, in order to produce a comprehensive, accounts-based picture of the fiscal position in any one year.
WGA is based on EU adopted International Financial Reporting Standards (IFRS), the system of accounts used internationally by the private sector, as adapted or interpreted for the public sector context, and is similar in presentation to private sector accounts. It complements the National Accounts figures, produced by the Office for National Statistics (ONS), by providing a set of financial statements based on standards familiar to users of private sector accounts. It makes clear a number of metrics that previously had been difficult to calculate, such as the net public service pension liability, the 바카라 사이트바카라 사이트™s commitments under Private Finance Initiative (PFI) contracts, total provisions, and contingent liabilities. In particular, the account includes:
- a consolidated Statement of Revenue and Expenditure;
- a consolidated Statement of Financial Position, showing public sector assets and liabilities;
- a consolidated Cash Flow Statement; and
- a Statement on Internal Control.
The aim of WGA is to enable Parliament and the public better to understand and scrutinise how taxpayers바카라 사이트™ money is spent. By presenting the public finances in a framework familiar to the commercial and accountancy professions, WGA increases transparency and accessibility of information about public finances.
Contact WGA
Please email wga.team@hmtreasury.gsi.gov.uk or write to:
Whole of 바카라 사이트 Accounts
HM Treasury
1 Horse Guards Road
London
SW1A 2HQ