A resolution expressing the sense of the Senate regarding the importance of maintaining the independence and integrity of the Financial Accounting Standards Board.
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Committee
Latest Action · July 20, 2004
Referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S8485)
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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