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.

Documents

Government Functional Standard

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If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email govfinance@hmtreasury.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Continuous Improvement Assessment Framework

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If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email govfinance@hmtreasury.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Details

The purpose of this government standard is to set expectations for the effective management and use of public funds. This standard provides direction and guidance for:

  • permanent secretaries, accounting officers, directors general, and chief executive officers of arm’s length bodies
  • anyone with responsibility for finance, or financial management, whether or not they sit in a finance role
  • finance operations, decision support or reporting and control teams
  • assurance and audit bodies, for testing best practice

If you have comments or feedback about this functional standard, please email govfinance@hmtreasury.gov.uk

Version 3.1 July 2024

Updates to this page

Published 10 July 2019
Last updated 11 May 2023 + show all updates
  1. Version 3 of the Standard has been published.

  2. Updated the Functional Standard and added contact email address

  3. Minimal content changes. To strengthen accessibility, the Standard now aligns to the refreshed Government Finance Taxonomy.

  4. First published.

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