Abstract
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I have audited the accompanying statements of financial position
of the American Association of Colleges of Pharmacy, Inc. as of
June 30,1997 and 1996, and the related statements of unrestricted
revenues, expenses and other changes in unrestricted net assets,
changes in net assets and cash flows for the years then ended. These
financial statements are the responsibility of the Association's
management. My responsibility is to express an opinion on these
financial statements based on my audits.
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