Um, Jen, if I put my auditor hat on for a second, um, would you agree with me that there will be a level of judgment in assessing if these rights are enforceable?

That's exactly right, Anu.

Judgments and estimates are always a tricky area for auditors.

The good thing about this standard, as Mariella walked us through, is that it provides us with great guidance in this area.

There's acknowledgment that the enforceability test is a matter of law and that the assessment should be made in the context of the applicable legal and regulatory framework.

From my experience, these types of agreements are very different from country to country and even within countries within different provinces and states.

So it's going to be tricky for, uh, both engagement teams as well as clients to determine how to apply the enforceability concept.

And the modified retrospective approach allows, uh, some optional reliefs that, uh, should help make implementation less burdensome.