(Purpose) Governmental fiscal reporting aims to provide accounting reporting and policy reporting. Out of the two reporting, scholars and governmental managers have focused on accounting reporting, not policy reporting. Few prior studies have analyzed the policy reporting in governmental fiscal reporting. This article attempts to overcome this limitation and expand the discussion of policy reporting in governmental accounting. (Design/methodology/approach) We explore literature and financial reports and compare how the policy aspect is reported in governmental financial accounting in three countries, drawing policy implications. The article studies both national reporting and departmental reporting (Health or Welfare Department). (Findings) The US and the UK governments provide various policy reporting information in the governmental fiscal reporting, but the way the information was provided was different between the two countries. For the policy reporting, the US mainly uses financial statements, while the UK primarily uses performance reporting. However, the policy reporting information that Korea provides in governmental fiscal reporting is minimal. (Research implications or Originality) This article may provide implications for future discussions on policy reporting in governmental financial accounting reporting. The policy reporting needs to be highlighted in the governmental financial accounting reporting to secure the government's fiscal performance and accountability. For example, the Korean government is required to present detailed policy information in the financial accounting reporting to the public, either by using financial statements or performance reporting.