CPAR Taxes  |  Format: Flash

The Elder Financial Abuse Epidemic: How CPAs Can Make a Difference

Course Overview
The American population is aging every day. The number of Americans aged 65 and older is projected to nearly double from 52 million in 2018 to 95 million by 2060. With the oldest Baby Boomers well into their 70's, a multibillion-dollar niche in accounting is developing in the elder care arena. CPAs can provide a valuable service to family members by providing assurance that appropriate care is provided for elderly family members no longer able to fully care for themselves. Martin Shenkman, CPA, discusses the importance of elder care and the role of the CPA.

Learning Objectives
Upon successful completion of this segment, you should be able to:

  • Identify the CPA's role as it relates to elder care;
  • Distinguish between various elder care accounting services;
  • Identify the importance of planning for longevity; and
  • Define elder financial abuse.
    Catalog Number: CPAR1465-FM
    CPE Credits: 2 Registry / 2 QAS
    Author: CPA Report
    Advanced Preparation:
    Work experience in tax planning or tax compliance, or an introductory course in taxation.
    Course Level: Update
    Field of Study: Taxes
    Content Partner: CPA Reports Online
    QAS: QAS Certified based on 50 minute hours.
    Course Type: Self-Study
    Minimum Passing Grade: 70%
      You are allowed 2 attempts to pass the final exam in a 30 day period. You will be locked out of the final for 30 days after any second failure.
    Release/Expiration Dates: Aug 05, 2020 / Aug 14, 2021