Showing posts with label accounts. Show all posts
Showing posts with label accounts. Show all posts

Thursday, August 11, 2011

Whole of Government Accounts: the secret history

HM TreasuryThe Treasury prepare to publish the Whole of Government Accounts for the first time. Photograph: Cate Gillon/Getty

Today, for the first time ever, the government will publish the results of bringing together all of its accounts. This project is called the Whole of Government Accounts (WGA). The report will show the finances in the final year of Labour control - the financial year 2009-10.

It has taken over 10 years to bring together the accounts and report them publicly. The reasons it has taken this long have been largely secret.

Of course a project on this scale will take time. Big business frequently bring together the accounts of all their branches to give their overall company accounts. However the government is different as it is dealing with about 1500 bodies which is far in excess of what most businesses have to wrangle. The time consuming part of bringing accounts together is that exchanges of money between bodies in the same organisation need to be identified to avoid double counting.

But there is secrecy about why, in the 10 years of running this exercise, nothing has been published at all. This secrecy seem excessive given the project takes mostly public information from the annual accounts of each public body, and brings them together to form one set of consolidated accounts.

We can see exactly what HM Treasury, the department tasked with combining the accounts, has to deal with as they publish the excel sheets that each authority completes for WGA. We know that HM Treasury receives a balance sheet and a cash flow statement in an excel document from every public body, as the forms local authorities complete and the forms (excel) central government complete are available. You can also see two examples of completed forms from Lichfield District Council and Haringey Borough Council.

These balance sheets and cash flow statements are also published in the annual accounts, so have been publicly available for some time.

The Guardian has requested information on the Whole of Government Accounts project at various stages of its life.

The Whole of Government Accounts data is stored in the COINS database. But when COINS was published in June 2010 we observed that none of the WGA data was included. So we asked for it. This was rejected.

Then we asked for the audit report on the WGA. That was rejected too.

There was a round table discussion on the presentation of the WGA held in May. We were told that the media were not invited, however we have the list of invitees who were deciding the future of this project in the spreadsheet below.

Some of the secrecy might be because the project will report a new measure of national debt. Some might be because the full cost of public sector pensions will be exposed for the first time.

Some of the embarrassment might also be related to the costs of the private and public partnerships being included for the first time - to a limited extent, but still there.

If nothing else, the secrecy shows just how cautious the government is when bringing data together. Today we will see what they have to chosen to show.

Here is the data on who has a say over what is reported in the WGA, what would you like us to do with it?

Click on heading to sort

Department for Work and Pensions Foreign and Commonwealth Office Member of the Monetary Policy Committee, Bank of England Department of the Environment, Food and Rural Affairs Northern Ireland Courts Service Centre for Economics and Business Research Centre for Economics and Business Research Wandsworth London Borough Council Cardiff City and County Council The Financial Reporting Council DFPNI devolved administration contact Confederation of British Industry Office for National Statistics Member of the Monetary Policy Committee, Bank of England Southwark London Borough Council Department for Communities and Local Government Department for Work and Pensions Hackney London Borough Council Department for Communities and Local Government Office for National Statistics Confederation of British Industry Government Actuary's Department Department for Communities and Local Government Islington London Borough Council West Midlands Police Authority Export Credits Guarantees Department DoENU FD for devolved administration Department for International Development Department for Finance and Personnel - NI Department for Culture, Media and Sport Federation of Small Businesses Hounslow London Borough Council Office for National Statistics Higher Education Funding Council for England London Fire and Emergency Planning Association Confederation of British Industry Confederation of British Industry Treasury Solicitors Department Office for Budget Responsibility Government Actuary's Department Department for Energy and Climate Change

• DATA: download the full spreadsheet

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Wednesday, July 13, 2011

Whole of government accounts: the secret history

The Ministry of finance is preparing to publish the entire government accounts for the first time. Photo: Cate Gillon/Getty
The Government today for the first time published the results of the merge all of their accounts. This project refers to the whole of government accounts (WGA). The report shows the finance in the last year of labour control, fiscal year 2009 / 10.
It took over 10 years, merge the accounts, and to report publicly. The reasons that this has taken long, were largely secret.
Of course, a project on this scale will take time. Big business often lead the accounts of all its branches with their entire company account type. The Government is however different, how it has to do that is make with about 1500 far beyond most companies need to argue. The time consuming accounts together to lead is that Exchange of money between the posts in the same organization are, must be identified to avoid double counting.
But there is secrecy on why, in the ten years of running this exercise anything at all was released. This secrecy seem excessive takes accounts of each public body in particular public project information and brings together to form a set of consolidated financial statements.
We can see, what exactly HM commissioned Treasury Department with the combination of the accounts, has with itself, as they publish the Excel sheets, each authority for WGA has been. We know, HM Treasury a balance sheet and cash flow statement receives public body in an Excel document from each, such as local authorities, forms are complete and full forms (Excel)-Central Government. You can also see two examples of completed forms of Lichfield District Council and Haringey Borough Council.
These balance sheets and cash flow statements are also in the financial statements, so that public have published for some time.
The guardian has requested details of the whole of government accounts-project at different stages in his life.
The whole of government accounts data are stored in the coins database. But when coins appeared in June 2010, we observed that none of the WGA data was included. So we asked for them. This was rejected.
Then we have for the audit report on WGA. She was to be rejected.
It was a round table discussion on the submission of the WGA in may take place. We were told that the media were not invited, but we have the list of invited persons, decided the future of this project in the table below.
Some of the secrecy may be, that the project will report a new measure of public debt. Some may be, that the full cost of the public sector are exposed for the first time pensions.
Could some fix to the costs of private and public partnerships, including is restricted for the first time - but still there refer.
If nothing else, shows the secrecy, the Government is how careful, when to bring data together. Today, we will see what they chose to have to show.
Here on the data a say over what is reported in the WGA, what would you like us so that has to do?
Click sort heading
Department for work and pensions foreign and Commonwealth Office-member of the Monetary Committee, Bank of England Department of environment, food and Rural Affairs Northern Ireland courts Service Centre for Economics and Business Research Center for Economics and business research Wandsworth London Borough Council Cardiff City and County Council the financial reporting Council DFPNI autonomous administration contact Confederation of British industry Office for national statistics member of the Committee on MonetäreDie Bank of England Southwark London Borough Council Department for communities and local government Ministry for work and pensions Hackney London Borough Council Department for communities and local Government Office for national statistics Confederation of British industry Government Actuary of Department Department for communities and local government Islington London Borough Council West Midlands Police Authority export credits guarantee Department DoENU FD of decentralised Administration Department for International Development Department for finance and human resources - NI Department of culture changing you the media and Sport Federation of small businesses Hounslow London Borough Council, Office for national statistics higher education funding Council for England London Fire and emergency planning Association Confederation of British industry Confederation of British industry solicitors Treasury Office for budget responsibility Government Actuary Department Department for energy and climate
• Data: download the complete spreadsheet
Data journalism and data visualizations of the guardian
• You are looking for the world government data with our gateway
• Search worldwide global development data with our gateway
Flickr please send your visualisations and mash-ups on our Flickr group
• Contact us at data@guardian.co.uk
• You get the data from A to Z
• More in the datastore directory

Follow us on Twitter •
• Like us on Facebook


View the original article here