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HRES 545 113th Congress House Government Operations and Politics Accounting and auditing Budget process Executive agency funding and structure Performance measurement Public contracts and procurement

Expressing the sense of the House of Representatives that the Federal Government should adopt and use accrual basis generally accepted accounting principles for Government budgeting, financial…

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Expressing the sense of the House of Representatives that the Federal Government should adopt and use accrual basis generally accepted accounting principles for Government budgeting, financial reporting, and performance evaluation purposes.

Introduced: April 7, 2014 See on congress.gov
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This resolution expired with the 113th Congress
It was not agreed to before the 113th Congress (2013–2014) adjourned, so it is no longer active. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Agreed to (House)
Apr 7, 2014
Referred to the House Committee on Oversight and Government Reform.
Apr 7, 2014
Introduced in House
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 Plain-English summary Congressional Research Service

Declares that the House of Representatives: (1) agrees to consider legislation to implement accrual basis generally accepted accounting principles for U.S. government budgeting, financial reporting, and performance measures; and (2) acknowledges that the use of accrual basis accounting would provide a more accurate measure of the federal government's finances and their impact on the nation's economy.

Requests the Comptroller General to prescribe the manner in which such principles can be applied to the U.S. government in the fiscal year following the passage of legislation to implement them.

Recognizes that the use of accrual accounting standards in the federal government can assist in management improvement for federal agencies with regard to publicizing true costs, minimizing government waste, and controlling inefficient spending, especially on long-term government contracts.

What's happening now April 7, 2014

Referred to the House Committee on Oversight and Government Reform.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 1
PETERSON, COLLIN
· Apr 9, 2014
Conaway, K.
· Apr 7, 2014
 D
Sherman, Brad
California · Apr 7, 2014
Cite this page click to expand
APA
U.S. Congress. (2026). H. Res. 545: Expressing the sense of the House of Representatives that the Federal Government should adopt and use accrual basis generally accepted accounting principles for Government budgeting, financial reporting, and performance evaluation purposes.. 113th Congress. Open America. https://openamerica.io/bill/113-HRES-545/
MLA
"H. Res. 545: Expressing the sense of the House of Representatives that the Federal Government should adopt and use accrual basis generally accepted accounting principles for Government budgeting, financial reporting, and performance evaluation purposes.." 113th Congress, 2026, Open America, https://openamerica.io/bill/113-HRES-545/.
Bluebook (legal)
H. Res. 545, 113th Cong. (2026), https://openamerica.io/bill/113-HRES-545/.
Markdown link
[H. Res. 545: Expressing the sense of the House of Representatives that the Federal Government should adopt and use accrual basis generally accepted accounting principles for Government budgeting, financial reporting, and performance evaluation purposes.](https://openamerica.io/bill/113-HRES-545/)
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