Author Topic: More Transparent Government Accounts  (Read 402 times)

petagny

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More Transparent Government Accounts
« on: July 11, 2011, 08:02:15 GMT »
The UK is changing the basis for government accounts today. From now on, the accounts will include liabilities like pension obligations for public sector employees and the future stream of payments due on the many private finance initiatives.

http://www.ft.com/cms/s/0/58971c24-a980-11e0-a04a-00144feabdc0.html#axzz1RmCI257l


petagny

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Re: More Transparent Government Accounts
« Reply #1 on: July 27, 2011, 09:25:41 GMT »
Here's a good summary by Richard Hughes of the improvements in accounting introduced in the UK through the Whole-Of-Government accounts:


http://blog-pfm.imf.org/pfmblog/2011/07/whole-of-government-accounts-batman.html#more

 

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