Instruments for evaluating financial management capacity among the elderly: an integrative literature review

Abstract

Objective: To identify tools available in literature for assessing the financial management capacity of elderly persons with and without cognitive deficit or impairment. Methods: An integrative literature review was performed. Scientific publications indexed in the PubMed, LILACS (Latin American and Caribbean Health Sciences Literature), Psychology Index and Cochrane Library databases by November 2015 were evaluated. Results: Of the 609 articles obtained from the databases, 29 were considered eligible for this review, and involved 11 instruments for the evaluation of financial management capacity, the most cited of which was the Financial Capacity Instrument (FCI). Conclusion: There are several scales and instruments available which are used to investigate both daily and instrumental activities of daily living, which allow the independence and effective functioning of the elderly on a day to day basis to be verified. Non-Brazilian literature also describes specific instruments for the assessment of financial management capacity. However, no references to a specific scale that evaluates this construct and which has been validated and adapted for the Brazilian population were identified.

Assessment of the Financial Capacity in Elderly: Approach and Challenges in Indian Scenario

“…• Understanding the extent of one's assets • Understanding and appreciating the claims of those who may expect to benefit from the will, both those to be included and those to be excluded • Recognizing the impact of the distribution of the estate's assets • The testator is free of any mental illness or delusions that might influence asset disposition used in the studies 23 and assesses the objective financial skills. Another tool is the Semi-Structured Clinical Interview for Financial Capacity (SCIFC), 16 and it gives more categorical findings of the capacity than quantitative assessments.…”

“… 10 There is, however, no gold standard technique for assessing financial capacity. 22 As per the integrative review, FCI has been mostly used in the studies 23 and assesses the objective financial skills. Another tool is the Semi-Structured Clinical Interview for Financial Capacity (SCIFC), 16 and it gives more categorical findings of the capacity than quantitative assessments.…”

Queixa De Memória E Risco De Depressão Em Idosos Assistidos Pela Estratégia Saúde Da Família

“…Dentre estas funções está à memória, que, em virtude do seu déficit atrelado à fisiologia do envelhecimento, o idoso pode apresentar falhas nas lembranças e reclamar do esquecimento do nome de pessoas, objetos ou lugares (3) . grave (4,5) .…”

Habilidades Empreendedoras e Competências Gerenciais em Empresas de Prestação de Serviços

“…Quanto ao aspecto administrativo, as finanças correspondem a um campo, teórico e prático, que tem por objetivo proporcionar uma eficiente captação e alocação de recursos, ocupando-se com a obtenção e aplicação de recursos, resultando em uma organização mais eficiente (ASSAF NETO, 2014).Nesse sentido, a competência financeira condiz com planejamento financeiro, controle financeiro e a administração de ativos e passivos, referindo-se aos conhecimentos, habilidades e atitudes relacionadas ao saber fazer e querer fazer as escolhas mais acertadas quanto aos aspectos financeiros(ANDRADE, 2012). Essa competência pode ser caracterizada pelo conhecimento do gestor quanto às habilidades monetárias básicas do empreendimento, conhecimento financeiro conceitual, a utilização de instituição bancária, transações de dinheiro, discernimento financeiro e o entendimento sobre recebimentos e gastos(MARRONI et al 2017).…”