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.
Referred to the House Committee on Financial Services.
Finance and Financial Sector
Responsible Accounting Standards Act of 2023
USA118th CongressHR-6726| House
| Updated: 12/12/2023
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.