public accounts

State financial records

Public accounts are the official financial records of a government, detailing revenues, expenditures, assets, and liabilities.

In parliamentary systems, a public accounts committee scrutinizes government spending to ensure funds were used as authorized: The public accounts revealed significant cost overruns in the defense ministry.

The term appears most often in British, Canadian, and Commonwealth contexts.

Opposites
ownership/access

public accountssealed records

Legally restricted official documents

closed books · slush funds

institutional scope

public accountspersonal accounts

First-person experiential narratives

business accounts · household accounts · individual accounts

Family

public, accounts, publicly, publics, publication, publish, publisher, publishing, publicize

Familiarity
Top 50,000
Profile
Used worldwide · Timeless · Rated G