New York -- In a surprising endorsement, the board of the American Institute of CPAs has recommended to the governing Council that the institute retain the Personal Financial Specialist, the Certified Information Technology Professional and the Accredited in Business Valuation designations.

The board has also petitioned for a boost in funding, suggesting that the PFS receive $4.6 million in excess of revenues through 2006, while $5.6 million would be earmarked for the CITP and $5.75 million for the ABV through 2008.

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