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For summaries of the most recent regional, national and international news stories pertaining to chartered accountants and the Alberta CA profession, please see the articles below.
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A national survey for the Canadian Institute of Chartered Accountants (CICA) finds that parents who are most successful at teaching money management skills familiarize their children with the family’s financial situation. The CICA Youth Financial Literacy Survey 2011, conducted by Harris/Decima, measured the financial literacy of Canadians aged 16-22. Nine-in-ten respondents (93 per cent) believe that parents should be good role models for responsible financial decisions and 83 per cent have approached their parents for advice about money management. “Being open and transparent about money matters is a key element to opening doors of conversation, producing a higher level of trust and helping youth develop their own financial goals,” says Kevin Dancey, president and CEO, CICA. http://www.cica.ca/news/media-centre/media-releases-and-backgrounders/2011/item52875.aspx
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