NEWS REPORT.

The article presents news briefs related to accounting in the United States. Criticisms against the recommendations by the American Institute of Certified Public Accountants' Accounting Principles Board are expected to continue but the board is confident that it is helping to preserve free enterprise. The American Paper Institute has issued a report on the accounting principles and methods used by most paper industries. A U.S. District Court jury in New York failed to reach a verdict in the conspiracy trial of two partners and a manager at the accounting firm Lybrand, Ross Bros. and Montgomery.