The UK Central Government Public Financial Management System A Guide for Stakeholders
- Jan 2017
- Institute of Chartered Accountants in England and Wales (ICAEW)
- International
The document provides an overview of the UK Central Government Public Financial Management System and focuses on following areas:
- Who are the key actors in the system, what are their roles, powers and responsibilities?
- The principles for managing public resources that serve as the foundation of the system
- The fiscal and spending framework in which decisions on public finance are made
- How in-year spending control operates
- The annual report and accounts and audit requirements
