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COOPERS & LYBRAND OFFERS GUIDANCE THROUGH THE REGULATORY MAZE OF FDICIA

 NEW YORK, March 2 /PRNewswire/ -- Since the enactment of the Federal Deposit Insurance Corporation Improvement Act (FDICIA) of 1991, the federal banking agencies have proposed or adopted dozens of regulations. These regulations impact virtually every aspect of a bank's operations and activities.
 But with final regulations due shortly, some of the most dramatic changes are yet to come, according to Press C. Southworth III, a partner with Coopers & Lybrand, the international accounting and consulting firm. In addition, the implementation of the accounting and auditing requirements will greatly increase the responsibilities of audit committees, management and independent public accountants.
 Members of the media writing about FDICIA who need a better understanding of the regulations, accounting and auditing requirements and other recent developments, please call Amy Goldberger, 212-536-3256, to arrange an interview with Press Southworth.
 -0- 3/2/93
 /CONTACT: Amy Goldberger of Cooper's & Lybrand, 212-536-3256/


CO: Coopers & Lybrand ST: New York IN: FIN SU:

SM-PS -- NY029 -- 1825 03/02/93 09:48 EST
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Publication:PR Newswire
Date:Mar 2, 1993
Words:162
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