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United States · Resolution · SRES

S.Res. 412 (108th)

A resolution expressing the sense of the Senate regarding the importance of maintaining the independence and integrity of the Financial Accounting Standards Board.

referredUnited States· United States Congress· EN

Introduced

20 July 2004

Last action

Status

Referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S8485)

Sponsors

Subjects

Discovery layer

Source updated

14 January 2025

Summary

Declares that the Senate: (1) should continue to recognize and support the integrity and independence of the accounting standard setting process of the Financial Accounting Standards Board; (2) should not interfere with the Board's independence; and (3) should not dictate accounting standards to the Board for stock-based compensation or for any other financial accounting issue.

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Documents

3 official files

Introduced in Senate (text)

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