Institute supports CPA financial literacy volunteers.When the AICPA AICPA See American Institute of Certified Public Accountants (AICPA). launched its 360 Degrees of Financial Literacy Financial literacy is the ability of individuals to make appropriate decisions in managing their personal finances. Raising levels of financial literacy is now a focus of government programmes in countries including[1] Australia, Japan, the United States and the UK. campaign at a May 17, 2004, news conference with U.S. Comptroller General Noun 1. Comptroller General - a United States federal official who supervises expenditures and settles claims against the government functionary, official - a worker who holds or is invested with an office David M. Walker David M. Walker can refer to:
CPE - Customer Premises Equipment course, program literature, a database for volunteers and a Web site where both CPAs and consumers can find practical advice on personal finance. A CUSTOMIZED APPROACH Many resources are designed to help consumers learn more about personal finance, but 360 Degrees of Financial Literacy stands out from the others by giving CPAs an effective way to help individuals focus on the specific personal finance issues affecting them most. The program explores--and provides general guidance on--the fiscal challenges in each of 11 stages in life: growing up; attending college; pursuing a career; serving in the military; being in a long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. personal relationship; raising a family; buying and maintaining a home; starting and running a business; enduring life crises, such as a medical emergency, divorce or unemployment; simultaneously caring for children and aging parents; and planning for and living in retirement. The order and specificity this structure brings to CPAs' volunteer financial education efforts will enable them to confidently volunteer for the campaign, knowing they'll be asked to contribute only in the areas they know best. BACKING UP 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. VOLUNTEERS Through its Grassroots Mobilization mobilization Organization of a nation's armed forces for active military service in time of war or other national emergency. It includes recruiting and training, building military bases and training camps, and procuring and distributing weapons, ammunition, uniforms, Team, which collaborates with state societies to get CPAs across the nation involved in community-based financial education, the AICPA is encouraging thousands of CPAs to join the 360 Degrees of Financial Literacy campaign and help teach the American public--from school children to retirees--how to better recognize and respond to financial issues. To maximize the effectiveness of their volunteer efforts, CPAs can use the following campaign resources: * The CPA Financial Literacy Resource Center (www. aicpa.org/financialliteracy), an online clearinghouse for information and resources, including reference materials, news and links to the Web sites of other organizations, such as * State CPA society financial literacy programs, resources (www.aicpa.org/financialliteracy/state_cpa_flp.asp) and staff contacts (www.aicpa.org/financialliteracy/ download/SS_Fin_lit_contacts.pdf). * The Jump$tart Coalition for Personal Financial Literacy (www.jumpstart.org)--a nonprofit A corporation or an association that conducts business for the benefit of the general public without shareholders and without a profit motive. Nonprofits are also called not-for-profit corporations. Nonprofit corporations are created according to state law. umbrella organization
An umbrella organization is an association of (often related, industry-specific) institutions, who work together formally to coordinate activities or for corporations, government agencies, foundations and others dedicated to improving financial literacy throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. (See Jump-Starting Financial Literacy," JofA, Dec. 03, page 56; www.aicpa.org/pubs/jofa/dec2003/breit.htm). * Free CPE (www.aicpa.org/financialliteracy/CPEcourse. asp). The AICPA offers CPAs a continuing education continuing education: see adult education. continuing education or adult education Any form of learning provided for adults. In the U.S. the University of Wisconsin was the first academic institution to offer such programs (1904). course--worth two CPE credits--at no charge to prepare them for service as financial literacy volunteers in their communities. It covers the basic financial literacy issues most important to consumers. * CPA mobilization tool kits (www.aicpa.org/financialliteracy/CPA Mobil_Kits.asp), created by the AICPA and the California Society of CPAs, that focus on the 11 life stages described above. The tools include background information on basic personal finance concepts and talking points, a model speech and a PowerPoint presentation for public speaking engagements. CPAs can use these materials to promote financial literacy in their communities. * A volunteer database (http://volunteers.aicpa.org/financialliteracy). CPAs can register to demonstrate their interest in joining the national or grassroots financial literacy efforts. Volunteers' registration information will be shared only with selected AICPA staff and state society chief executives. CPAs who sign up at the site will be invited to participate in conference calls, will receive an electronic newsletter about financial literacy and will be contacted if volunteering opportunities matching their geographic location, experience and areas of interest become available. * A consumer Web site (www.360financialliteracy.org) offers the public a convenient and easy-to-understand source of information on financial issues arising in each stage of life. The site contains more than 300 articles, 260 tools and 500 frequently asked questions designed to help consumers make informed financial decisions. CPAs can use the site to complement their volunteer activities. |
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