Financial reports and accounts

We are accountable to the Scottish Parliament and the people of Scotland for our use of public money.

Our consolidated accounts, devolved taxes account, and Consolidated Fund accounts together provide an overview of all our fiscal activity.

We have produced our annual financial accounts on the basis of international accounting standards since financial year 2009 to 2010.

Consolidated accounts

The consolidated accounts reflect the consolidated assets and liabilities, as well as the results of all entities within our consolidation accounting boundary as required by and defined in the Government financial reporting manual.

The consolidation accounting boundary comprises core Scottish Government, executive agencies (each linked to a specific portfolio), the Crown Office and Procurator Fiscal Service, and the NHS bodies responsible for the planning, promotion, commissioning and the delivery of healthcare. The executive agencies and other bodies also publish separate accounts that provide greater detail about their income, expenditure, assets and liabilities.

The consolidated accounts report actual outturn and compare it to the budget authorised by the Scottish Parliament, each stated on the same accounting basis. The accounts have received a clean bill of health from Audit Scotland for the past 18 years.

View our most recently published consolidated accounts below:

consolidated accounts 2022 to 2023

View previous years' consolidated accounts below:

Devolved taxes account

The devolved taxes account records receipts from the Land and Buildings Transaction Tax and the Landfill Tax which are administered and collected by Revenue Scotland. These taxes were devolved to Scotland as part of the Scotland Act 2012.

Scottish Consolidated Fund accounts

We set up the Scottish Consolidated Fund in 1999 and received its statutory powers under the Scotland Act 1998. The Scottish Consolidated Fund receives sums which have been voted by the UK Parliament for the purpose of "grant payable to the Fund" from the Office of the Secretary of State for Scotland.

We draw down funding from the Scottish Consolidated Fund to support the spending plans laid out in the draft budget. The primary receipts to the Scottish Consolidated Fund are from:

the block grant
Scottish Income Tax receipts collected by HMRC on our behalf
devolved taxes
borrowing

View our most recently published consolidated fund accounts below:

fund accounts 2022 to 2023

View previous years' consolidated fund accounts below:

Government finance