Civale

For Immediate Release:

Al Silvestri has recently been awarded the Personal Financial Specialist (PFS) Credential by the American Institute of Certified Public Accountants (AICPA).

The PFS Credential, established in 1987 by the AICPA, is granted to qualified CPAs with considerable professional experience in financial planning. Currently, several thousand CPAs hold the PFS Credential nationwide. CPA/PFS credential holders are ranked among the most qualified financial planners in the marketplace, and many are listed as top financial planners in Worth’s annual ranking.

Al met the requirements to earn the PFS credential, which include passing a comprehensive technical exam covering personal financial planning topics, demonstrating more that 1,400 hours of business experience during the past five years as well as completing life-long learning and education activities. The PFS Credential is granted exclusively to CPAs who are members in good standing of the AICPA which binds them to the AICPA Code of Professional Conduct.

“Given their formal education and technical training in the areas of accountancy and taxation, CPAs are the most qualified, knowledgeable and objective financial planning professionals,” said James Metzler, AICPA Vice President of Small Firm Interests. “Supplementing this background with the PFS credential demonstrates a CPA’s commitment to providing clients with the highest level of expert financial planning services.”

CPAs who have earned the PFS Credential must be recertified every three years to maintain their credential.

The American Institute of Certified Public Accountants (www.aicpa.org) is the national, professional association of CPAs, with approximately 330,000 members including CPAs in business and industry, public practice, government, and education. It sets ethical standards for the profession and U.S. auditing standards for audits of private companies; federal, state and local government; and non-profit organizations. It also develops and grades the Uniform CPA Examination. Headquartered in New York, the AICPA also maintains offices in Washington, D. C.; Durham, N.C.; and Lewisville, TX.