B14 The Government accounts for PFI investment according to accounting principles set by the independent Accounting Standards Board (ASB). The accounting treatment of PFI projects entered into by central government bodies are then audited by the independent Comptroller and Auditor General on behalf of Parliament.
B15 The Government uses PFI where it delivers value for money in public services, not for balance sheet reasons. Approximately 57 per cent of PFI capital expenditure is scored on the public sector's balance sheet.