H.R. 6726 · 118th Congress

Responsible Accounting Standards Act of 2023

Stage
In committee
Introduced
2023-12-12
Latest action
2023-12-12 · Introduced in House

Summary

Responsible Accounting Standards Act of 2023

This bill requires the standard-setting bodies of accounting principles to comply with provisions generally required of federal agencies, including those that apply to rulemaking procedures, cost benefit analysis of certain actions, and open meeting requirements. The standard-setting bodies must also testify annually before Congress.