PARLIAMENTARY WRITTEN QUESTION
(29 January 2025)
Question Asked
Asked by:
James McMurdock (Independent)
Answer
The government recognises the importance of transparency across public spending, including Arm’s-length bodies (ALBs). Information on ALB expenditure is published within each body’s annual report.
The process for budget setting and for preparing and approving annual reports for ALBs are dependent on their classification status and their source of income.
Further information on the reporting requirements for ALBs can be found here: https://assets.publishing.service.gov.uk/media/6763fa1f3229e84d9bbde88d/MASTER_FINAL_DRAFT_2025-26_FReM_DECEMBER_2024_RELEASE.pdf
Further information on how each type of ALB should produce accounts can be found here: https://assets.publishing.service.gov.uk/media/5a74d700e5274a59fa715592/Classification-of-Public_Bodies-Guidance-for-Departments.pdf
Answered by:
()
Contains Parliamentary information licensed under the Open Parliament Licence v3.0.