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ElderCare Express Training Available to Help CPAs Better Serve Mature Clients.


A recent survey commissioned by the AICPA AICPA

See American Institute of Certified Public Accountants (AICPA).
 found that 11% of small firm revenues was derived from services to individuals over age 65--not surprising since this is the fastest-growing demographic group in the nation. CPAs who wish to increase revenues by providing traditional financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 to this population as well as those practitioners who wish to offer an extensive array of ElderCare eld·er·care
n.
Social and medical programs and facilities intended for the care and maintenance of the aged.
 services to their clients can benefit from training designed to help them understand the unique needs of this market segment. Five ElderCare courses have been developed by AICPA/PDI in cooperation with the ElderCare Task Force to assist CPAs in serving the needs of mature clients. They are:

* Developing an ElderCare Practice. This course, written by the chairman of the ElderCare Task Force, serves as an introduction to CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000.  ElderCare Services. It was designed to help CPAs assess whether CPA ElderCare Services will fit well with their competencies and client base.

* ElderCare: The Medical and Psychosocial psychosocial /psy·cho·so·cial/ (si?ko-so´shul) pertaining to or involving both psychic and social aspects.

psy·cho·so·cial
adj.
Involving aspects of both social and psychological behavior.
 Issues of Aging. This course is a primer prim·er
n.
A segment of DNA or RNA that is complementary to a given DNA sequence and that is needed to initiate replication by DNA polymerase.
 on the common physical, cognitive and emotional elements of the aging process. It was designed so that CPAs would be able to effectively communicate with their older clients and successfully work with health and allied professionals as part of an ElderCare engagement team.

* ElderCare: The Financial Issues of Aging provides an overview of the long-term care long-term care (LTC),
n the provision of medical, social, and personal care services on a recurring or continuing basis to persons with chronic physical or mental disorders.
 options available today -- there are many alternatives to the traditional "nursing home" -- as well as traditional and alternative financing options. After taking this course, CPAs will be ready to show their clients the obvious advantage to planning for these costs, rather than waiting until it happens.

* ElderCare: The Legal Issues of Aging. As an ElderCare practitioner, CPAs should understand the legal documents that clients should have in place in order to protect their interests in case of incapacity The absence of legal ability, competence, or qualifications.

An individual incapacitated by infancy, for example, does not have the legal ability to enter into certain types of agreements, such as marriage or contracts.
. After taking this course, CPAs will be able to assist clients in protecting their legal interests.

* ElderCare: Practice Management and Practice Development Issues was written by the AICPA/Canadian Institute of Chartered Accountants char·tered accountant
n. Chiefly British Abbr. CA
A member of one of the institutes of accountants granted a royal charter.
 ElderCare Task Force specifically to provide practitioners with the solutions they need to their practice problems. The chapters follow the order of a typical engagement, from marketing to clients to issuing reports. After taking this course, CPAs will be able to market their services more effectively, and manage both their practice and individual engagements more efficiently.

Thanks to cooperation between the state CPA societies and AICPA/PDI, ElderCare Express Training programs will be hosted by societies in 10 states this. year. These training programs allow practitioners to take all five recommended ElderCare training courses in a one-week period in one convenient location. In addition to the convenience of such scheduling, these programs provide a tremendous opportunity for ElderCare practitioners to network with each other as they establish their practices.

The 2001-2002 ElderCare Express training programs are scheduled as follows:

* July 30 - Aug. 3 in Bellevue, Wash.; 425/644-4800

* Aug. 6 - 10 in Atlanta; 404/231-8676

* Aug. 20 - 24 in Philadelphia; 215/496-9272

* Sept. 17 - 22 in Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. ; 775/826-6800, ext. 100

* Oct. 22 - 26 in Roseland, N.J.; 973/226-4494, ext. 240

* Oct. 29 - Nov. 2 in Dallas; 800/428-0272, ext. 1

* Nov. 12 - 16 in Indianapolis; 800/272-2054 or 317/726-5000

* Dec. 3 - 7 in Tampa, Fla.; 800/342-3197 or 850/224-2727

* Dec. 10 - 14 in Raleigh/Morrisville, N.C.; 800/722-2836 or 919/469-1040

* Jan. 14 - 18 in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. ; 800/877-5897

Practitioners can take as few as one or as many as all five of the classes during these ElderCare Express programs. For more information, contact the state societies directly or visit AICPA Online at www.aicpa.org/assurance/eldercare/start.htm. You must register for these courses directly with the state societies.
COPYRIGHT 2001 American Institute of CPA's
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:CPA Letter
Article Type:Brief Article
Geographic Code:1USA
Date:Jul 1, 2001
Words:620
Previous Article:disciplinary actions.(Brief Article)
Next Article:A Message from the President.(Brief Article)
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