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News
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 PPPetrinovich Pugh & Company discusses financial literacy with capitol. May 10, 2006 Managing Partner Marc Parkinson met with California Assemblyman Roger Niello (R-Fair Oaks) as part of CPA Day at the State Capitol. Parkinson helped recognize Niello for his work on improving the financial literacy of Californians. The California Society of CPA’s travels to Sacramento annually to discuss the ramifications of legislation on the accounting profession as well as current financial issues such as financial literacy. A recent study by the Jump$tart (www.jumpstart.org) coalition for personal financial literacy concluded that a majority of high school students were lacking basic personal financial knowledge that includes things such as credit cards, checking accounts, mortgage basics, and retirement accounts. Assemblyman Niello has introduced two measures in the legislature to bring awareness to the lack of financial literacy amongst Californians, particularly California’s youth. ACR 120, recently passed by the legislature, declared the month of April, 2006 as Financial Literacy month. In addition, the Assemblyman has introduced AB 2787, which will require the State Board of Education to come up with financial literacy standards that our students must meet. |
There is always something going on at PP&Co. Between our events, networking, social gatherings and day-to-day achievements, we’re always learning and doing what we can to arm ourselves with information that will benefit our clients and firm growth. |
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