The Government Finance Function exists to enable the delivery of high-quality public services and to ensure that public money is spent efficiently and effectively. We are responsible for supporting the management of over £800 billion of public expenditure each year, as well as over £2,000 billion in assets and £4,500 billion of liabilities.
"It’s been a hugely successful year for the Government Finance Function, delivering our first multi-year Spending Review since 2015 while supporting the management of over £1.1 trillion of public expenditure. Thank you to all colleagues who worked tirelessly to achieve this." https://t.co/r341bqRj8M
Government Finance Function
Guidance: Finance Global Design Principles
Finance Global Design Principles have been developed for 12 areas of the finance taxonomy, to promote convergence and best practice across government.
13 October 2021 - Guidance
Standard: Government Functional Standard GovS 006: Finance
The purpose of this government standard is to set expectations for the effective management and use of public funds.
08 September 2021 - Standard
Guidance: Orange Book
This guidance establishes the concept of risk management.
23 August 2021 - Guidance