Whether it's preparing personal budgets, making price comparisons, calculating interest rates, reconciling bank statements, or just managing money, students should learn basic financial literacy skills and concepts at a young age. This will ensure they have the necessary knowledge to make informed financial decisions throughout their lifetime.

The American Institute of Certified Public Accountants Foundation (AICPA Foundation) provides the Penny Wise DVD and lesson plans to assist you in introducing financial topics and concepts to elementary and middle school students. The Penny Wise lesson plans include exercises on preparing a budget, making price comparisons, reconciling bank statements, and calculating interest. The video segments on the DVD discuss the history of money, ATM machines, savings and checking accounts, personal budgeting, and more.

For students who desire more information on careers in business and accounting, the DVD also includes the Business Building Blocks video. Business Building Blocks presents topics such as preparing a business plan, developing a marketing plan, and managing a business's finances, as well as discussing career options for CPAs such as forensic accounting.

To order a copy of the DVD, please contact your local state CPA society or send an e-mail to AICPA Academic & Career Development Team.

Lesson 1	Goods & Services, "Your Good, Your Service"
Lesson 2	Unit Pricing & Comparison Shopping, "The Price is Right"
Lesson 3	Supply & Demand, "Determining the Right Price"
Lesson 4	Personal Budgeting, "Managing Your Money"
Lesson 5	Savings & Interest, "Saving for the Holidays"
Lesson 6	Checking Accounts, "Balancing the Numbers"

 

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