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An extensive body of research shows a significant gap in the financial knowledge and capability between men and women. This report sheds new light on the role of gender in financial capability.
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An emerging body of international literature is beginning to reveal a significant connection between financial capability metrics and personality, suggesting that what influences our financial well-being may be more nuanced than we previously thought. In 2015, the Chartered Professional Accountants of Canada (CPA Canada) conducted the first survey to investigate this issue in a Canadian context.
In the first report of our three-part research series, we investigate how the inclusion of personality traits impacts the analysis of the gender difference in financial capability scores. An extensive body of research has shown a significant difference, in which women tend to score lower across a wide range of metrics, which led researchers to believe that gender was an important determinant. Our research findings show that this is not the whole story.
Canada’s accounting and auditing standards boards have a lot going on. Make sure you stay up to date on changes and get involved in standards development through the boards’ webinars and events.
February 10, 2020
Financial sustainability and digital disruption are influencing the future of NFPs. Be equipped to lead through complex change by attending Canada’s premiere event for not-for-profit leaders.
May 25, 2020
Explore new technologies that are revolutionizing accounting and finance. Find out how you can take advantage of best-fit digital solutions and emerging business trends to work smarter, ignite growth and keep innovating.