Thank you, Madam Chair, and welcome to all.
I'd like to speak about a little hobby horse, the accrual accounting process. I sat on public accounts in the previous Parliament, and we listened on many occasions when the committee heard many witnesses, particularly the Auditor General, extolling the virtues of accrual accounting in appropriations.
In the previous government the recommendation went to Parliament to implement accrual accounting and no activity took place. Public accounts presented a report again, complemented as well from government ops, once again recommending the implementation of accrual accounting. I'm really pleased to see that now we have a response back from Treasury Board indicating that they are finally going to take a look at implementing accrual accounting. So I applaud Treasury Board for moving forward with that.
Can you give this committee a little bit more of a detailed response as to when, how, why, where, and to what extent you plan on pursuing the implementation of accrual accounting?