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.
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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 2019Last updated 11 May 2023 + show all updates
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Version 3 of the Standard has been published.
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Updated the Functional Standard and added contact email address
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Minimal content changes. To strengthen accessibility, the Standard now aligns to the refreshed Government Finance Taxonomy.
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First published.