A CPA's Guide To Preventing Financial Exploitation

Overview

Unfortunately, adult financial abuse on the rise. Analyze the top types of elder financial abuse, including undue influence, exploitation, scams and identity theft, and discuss appropriate CPA roles and responses.

 

Prerequisites

A basic understanding of estate planning and protective proceedings in court would be helpful

Objectives

• Understanding common scams and exploitation techniques, as well as the tools that CPAs can use to help lower the risk of a client being exploited

Highlights

• Understanding scams vs. exploitation by close relations
• What a CPA can do for clients to help prevent exploitation
• Considerations for creating an exploitation prevention plan
• Learning exploitation prevention tools
• Reporting suspected exploitation