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Association News
`Financial Position... Strong'
Psychiatric News
Volume 41 Number 16 page 12-12

The Board of Trustees heard a report from APA's independent auditing firm, which stated that the Association's 2005 financial statements, including those of its affiliate organizations, had no "weaknesses" and are among the most solid of the nonprofit associations whose books it audits. The report stated, "The financial position of APA.. .remains strong as of the end of 2005. Assets continue to grow, primarily cash and investments. Liabilities remain steady."

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