IFAC is pleased to respond to the UK House of Commons’ Public Administration and Constitutional Affairs Committee’s inquiry into government accounts. In addition to IFAC’s overall comments and based on its understanding of the public sector reporting framework and arrangements in the UK, IFAC believes that it is a model to which other countries might well aspire. Alongside other countries that have strong public sector financial reporting arrangements (like New Zealand and Australia), the UK should see itself as a leader in this field.