Very briefly, Mr. Chairman, on the adoption of new accounting standards, the biggest change there is the adoption of international financial reporting standards, something called IFRS. Many of the larger crown corporations will be transitioning to those international financial reporting standards. I believe that around 29 entities will be adopting those international standards. In the office, we have set aside a little reserve, if I can call it that, of about 10,000 audit hours to help the teams, to allow the teams to be able to audit their financial statements against those financial reporting standards.
Sheila has already talked about the training, both with IFRS and with the Canadian auditing standards. I think in total over the course of this year we're probably going to be offering a week or more of training to all staff, including the members of the executive committee. We are going to have a two-day session. We've already had some training on accounting standards. We'll have a two-day session on the adoption of the Canadian auditing standards.
On the adoption and use of electronic file management, the tool we use there is a tool we call TeamMate. I think Sheila earlier alluded to the fact that we've been using this in our financial audit practice for over a decade now, so it's fairly well ingrained in our financial audit practice. Only more recently has it been introduced to the other two practice lines. The training is offered. We have user sessions, TeamMate training sessions, for one to two days to help them make the transition from hard-copy paper files to electronic files.
All of that is to say that it's all part of our renewal of our audit methodology project. It is a big project. It's going on for over two years. We're confident that we'll be successful and will complete the project by the end of next calendar year.