A concurrent resolution expressing the sense of the Senate regarding the accounting standards proposed by the Financial Accounting Standards Board.

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, which rely heavily on entrepreneurship; and (2) the Board should not change the current accounting rules by requiring that businesses deduct the value of stock options from profits.

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3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 6 August 1993

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 6 August 1993

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• Introduced in Senate

  summary · EN · 6 August 1993

  Open at official source

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