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The AICPA and NASBA boards of directors have approved an exposure draft of a new Uniform Accountancy Act (UAA) that incorporates the recommendations of the AICPA/NASBA Joint Committee on Regulation.
The exposure period on this draft will run to September 5, 1997. The full text of the proposal is available from the AICPA on its web site (aicpa.org). Although the comment period may be over, both the AICPA and NASBA will probably accept additional comments during the period the issues are still being evaluated and considered.
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