Hm Treasury
July 7
08:45
2022
Details
In 2000 the Government Resources and Accounts Act set out that the Treasury shall consult a group of appropriate people to advise on financial reporting and standards. This role is fulfilled by FRAB, and put the existence of the board on to a more formal footing. This report summarises the work of the board in the 2021 to 2022 financial year.