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Resource Accounting and Budgeting (RAB) is a system of planning, controlling and reporting on public spending for government.
RAB was launched in 1993, with a commitment to introduce resource accounting. This was followed by a White Paper in 1995 (Cm2929), which gave a commitment to use resource accounting as the basis of public expenditure planning and control.
Resource Accounting is the application of accruals accounting for reporting on the expenditure of central government and a framework for analysing expenditure by departmental aim and objectives, relating these to outputs where possible.
The HM Treasury Annual Resource Accounts 2009-10 were published on Thursday 29 July 2010.
In this document the Treasury Group (HM Treasury, the Office of Government Commerce, UK Debt Management Office, the Asset Protection Agency and Infrastructure Finance Unit Ltd) has published its Annual Resource Accounts for 2009-10, giving a comprehensive account of the Treasury's use of resources in 2009-10.
Our web content was reviewed and amended following the 2010 General Election to remove information related to the previous administration.
The content that was located on this page prior to the Election is still available on the National Archives UK Government web archive (opens in new browser window).