Thank you, Madam Chair.
Good morning to both of you, and thank you for coming.
I found your presentation very interesting.
There's one thing I'd like you to elaborate on. There will probably be more than one thing, but I'll start off with this question.
You were talking about the difficulties when it comes to budgets because budgets are projections of the future. Can you elaborate on how to account for certain things that haven't happened yet when you're not sure of the category or how to account for those events?
My understanding is that every private business prepares a budget or projection for the next fiscal year on the number of sales and the types of financial events that happen, yet they're still able to use accrual accounting. Can you elaborate on the challenges you were referring to?