Thank you, Mr. Chair, and thank you to our witnesses for coming today.
In a previous life, I was a financial analyst for a Fortune 500 company. When I came to the government and sat on this committee, I was blown away that everything wasn't consistent. It seems basic, so I'm excited to see that all your numbers balanced here. My grade 11 accounting teacher would be very proud.
On a more serious note, consistency is extremely important for the budgetary process.
You guys transitioned slowly. Our budget is already done on an accrual basis, and now it just leaves the estimates to be done on an accrual basis.
Did it take 10 years for you guys to get this all lined up? In your humble opinion, what could we do to make sure it doesn't take that long a time span to get everything on the same page?