Corporate report
Whole of Government Accounts, 2021-22
This publication contains the Whole of Government Accounts for the year ended 31 March 2022.
This was published under the 2022 to 2024 Sunak Conservative government
Documents
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Details
Whole of Government Accounts (WGA) consolidates the audited accounts of over 10,000 organisations across the UK public sector.聽WGA聽is based on International Financial Reporting Standards, the system of accounts used internationally by the private sector.
This is the thirteenth year of publication of the聽WGA. The UK is among the most advanced countries in this regard and the聽WGA聽is a uniquely comprehensive product; as it is the only set of consolidated public sector accounts that includes both central government, local government and government owned corporations.
The聽WGA聽is independently audited by the National Audit Office providing greater confidence in the figures, and supports effective scrutiny by Parliament. This scrutiny is exercised by the Public Accounts Committee who examine the accounts each year.
The聽WGA聽forms a key part of the mechanisms for understanding the government鈥檚 financial performance. Together with the statistical framework that is published in the National Accounts by the Office of National Statistics, and the Office for Budget Responsibility鈥檚 forecasts of economic performance and the public finances; the聽WGA聽provides a mechanism for holding government to account for its long term financial performance.
Updates to this page
Published 26 March 2024