April 9, 2007
Helping Californians to Cope with Recession
A Goal of Financial Literacy Summit
REDWOOD CITY, Calif. — With an economy souring and numerous homeowners having to foreclose, the second California Summit on Financial Literacy on April 23 in Sacramento will seek to help Californians improve their financial skills and reduce the effects of an economic downturn.
“We’re getting interested parties together to discuss how they can share resources so that we can improve the overall financial education of Californians from school-age children to senior citizens,” said Loretta Doon, CEO of the California Society of CPAs and the California CPA Education Foundation, two of the Summit’s hosts.
“One of our key breakout sessions will focus on how homeowners facing foreclosure and increased debt can get control of their finances,” Doon added.
The California Jump$tart Coalition also is hosting the Summit, which runs from 10 a.m. to 5 p.m. April 23, at the Sacramento Convention Center. Free registration is available at http://www.calcpa.org/summit.
Jean Chatzky, Money magazine editor-at-large and the financial editor for NBC's “Today Show,” will deliver the Summit’s keynote address. Pam Krueger and Jack Gallagher, hosts of “Money Track” on PBS, will moderate three of the Summit’s breakout sessions.
Session topics include building coalitions to improve financial literacy, financial education in California schools, the housing crisis, and nonprofit programs that provide services for low-income Californians.
Summit sponsors are Deloitte, Ernst & Young, KPMG, PricewaterhouseCoopers, Grant Thornton, the California Teachers Association, Visa, the AICPA Foundation, and the Richard Myles Johnson Foundation.
The Summit is being held during Financial Literacy Month. Two years ago, the first California Summit on Financial Literacy attracted about 500 attendees.
About CalCPA
The California Society of Certified Public Accountants (www.calcpa.org) is the nation’s largest state accounting organization. It serves more than 31,000 members in public practice, private industry, education and government.
About the Education Foundation
The California CPA Education Foundation is a 501(c)(3) organization legally separate from CalCPA. The Education Foundation provides information and continuing education programs to CPAs, other accounting professionals and professionals in related fields.
About the California Jump$tart Coalition
California Jump$tart Coalition (www.cajumpstart.org) is a Section 501(c)(3) organization receiving support from businesses and foundations. California Jump$tart is affiliated with the national Jump$tart Coalition for Personal Financial Literacy.
