August 4, 1996

In unusual financial arrangement, striking 1910 neo-Medieval terra cotta and brick building at 40 East 62d Street, currently owned and partially used by adjacent Browning School, is to become a condominium, with school owning second, third and half of fourth floors, plus part of first floor; apartments on top floors will be sold as condominiums (S)

Summary of news stories on inside pages of City section

Article on whether accountants are professionals who exercise independent judgment or whether they just follow rules and checklists; issue is at base of many disputes and it is part of what may be dumbest ethics investigation by a profession; some corporate officials see emphasis on super-detailed rules as a way of accountants trying to get out from under both pressure from clients and any legal liablity; one of accounting profession's most visible and vigorous critics, Abraham Briloff, raised such concerns in criticizing proposed rule on when companies should consolidate their results with related companies (L)

Analysis: Republicans in Congress, preparing for election, have decided they need laws enacted, not just confrontational issues, to retain control of House; are making deals to shape bills acceptable to Pres Clinton on range of issues (M)

Defiance Grows in Indonesia Megawati Sukarnoputri, the leader of Indonesia's emerging opposition, is refusing a summons to a police interrogation as she battles a Government crackdown that has intensified in the past week. Page 3. Turf Fight in Hawaii Long revered for its lush landscapes, Hawaii is faced with the extinction of many of its native plant species, which are being crowded out by imports. Even the state flower, the yellow hibiscus, is endangered. Page 14. U.N. Reports Burundi Killing A United Nations report says that Burundi's Tutsi-led army killed 2,100 to 3,000 Hutu civilians this year in several previously unreported slayings that occurred from April to July. Page 4.