Finance committee  Thank you, Mr. Chair. I'm very pleased to be here today to discuss our audit of Canada's regime to combat money laundering and terrorist financing and how it relates to Bill C-25. We completed that audit two years ago. During our audit we concluded that Canada's anti-money-lau

Public Accounts committee  There are seven different financial systems that could be used in the government in various departments, so standardization, as Madam Fraser has mentioned, is there in terms of the chart of accounts that they use, the way they classify certain expenses, but that's when it's repor

Government Operations committee  Yes, let me add that the pension liabilities for the future would be recognized in the consolidated financial statements of the Government of Canada, but at the departmental level all they would be budgeting for is the amount of cash that would be paid to meet that obligation in

Government Operations committee  Madam Chair, members of the Committee, good morning. I'm very pleased to have an opportunity to make this presentation in order to help the Committee launch its study of accrual-based budgeting and appropriations. Because this is a very complex subject, even for accountants, we