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United States · Resolution · HCONRES

H.Con.Res. 98 (103rd)

Expressing the sense of the Congress regarding the accounting standards proposed by the Financial Accounting Standards Board.

referredUnited States· United States Congress· EN

Introduced

11 May 1993

Last action

Status

Referred to the Subcommittee on Telecommunications and Finance.

Sponsors

Subjects

Discovery layer

Source updated

2 January 2025

Summary

Expresses the sense of the Congress that: (1) the accounting standards proposed by the Financial Accounting Standards Board will have grave economic consequences, particularly for businesses in new-growth sectors; and (2) the Board should not change the current accounting rules by requiring that businesses deduct from profits the value of stock options.

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Documents

3 official files

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