Thank you very much, Monsieur le président.
Thank you to all of our witnesses for being here today. This is certainly a subject that interests me greatly. As a chartered accountant, I take such pride when I see in a professional journal that the work you have influenced in the Government of Canada is getting international recognition. Not just the work of the Government of Canada, but the work of the Office of the Auditor General is regularly noticed internationally for leadership in this area.
I have a question for both Madam Cheng and Mr. Ralston.
First, to the Office of the Auditor General, you were interrupted when you were talking about public accounts--just because the time had moved on. On the public sector auditing standards, this is the first year you referred us to that tiny little paragraph that probably has so much roll-up going into it it's not even funny. My understanding is that you have implemented the public sector auditing standards for the first time this year. Can you take a minute or two to outline the key pieces that have changed?