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Should governments produce consolidated financial statements?

1. Yes, of all public bodies 51% 2. Yes, but only central government ministries, departments and agencies (MDAs) 3. No, each ministry, department and agency should produce their own accounts
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32% 17%

How quickly should audited accounts be produced?


1. Within 12 months of year-end 2. In time to provide input to budget for following year (around nine months) 3. Within six months of the year-end
48%

32% 20%

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Grant Thornton. All rights reserved.

Should government financial statements include a cash flow statement?


1. No, not necessary for the cash basis 2. Yes, a separate cash flow statement is useful
77%

23%

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Grant Thornton. All rights reserved.

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