Accountability has been increasingly emphasized as a key to improving the quality and inclusiveness of basic education. However, reforms around the world inspired by this line of thinking have only generated lackluster results. The paper examines the gaps between theoretical expectations and the actual practices of individual accountability measures, and explores ways to bridge them. It argues that the more fundamental shortcomings of these reforms are the result of a partial understanding of the concept of accountability, in which the role of the government is either neglected or very narrowly emphasized. It concludes that government stewardship is vital in tackling these informational, incentive, and capacity challenges facing the sector and making education accountability reforms more coherent, coordinated, and practical.