Thank you, Mr. Chair.
Welcome back. It's nice to see you all again.
I want to come right back to accrual accounting for one minute.
This is directed to Ms. Cheng. I'm getting a little bit confused. Your report makes the point of accrual accounting, but in your statement earlier you said that you do not impose it. I'm trying to understand why you would not impose it. You also made a statement to the effect that if you go forward, you need to be careful in how you deal with these types of issues, and you gave some examples of accruals.
In my mind, I'm thinking either your department is imposing accrual accounting or it isn't. I think a very clear direction would certainly be beneficial to this committee and perhaps to the Comptroller General, but I'm really getting mixed messages. So I'm trying to understand why you are saying it's up to our discretion whether or not we want to use it.
Secondly, what would your response be if we determined, after our studies--we being the government or the Comptroller General--that we were not going to use accrual-based accounting? You're not forcing it upon us, so what would your response be if we chose not to go that route?