WASHINGTON - In the face of intense criticism from bankers, regulators, and lawmakers, an accounting standards group is prepared to back down from a plan that would have severely limited banks' ability to hold funds in reserve against future loan losses.

In a meeting scheduled for Monday, a task force formed by the American Institute of Certified Public Accountants is to present the organization's standards committee with a dramatically revised plan for bringing banks' loan-loss-reserving practices into compliance with generally accepted accounting principles.

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