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. For more on Resource Accounting and Budgeting, see the link to the Audit, Accounting and Accessibility section of this site, below.
The Treasury's Resource Accounts 2001-02 are available below in Adobe Acrobat Portable Document Format (PDF). If you do not have Adobe Acrobat installed on your computer you can download the software free of charge from the Adobe website.
For alternative ways to read PDF documents and further information on website accessibility visit the HM Treasury accessibility page.