Financial Capacity Instrument (FCI)

The Financial Capacity Instrument (FCI) is a conceptually based, standardized psychometric instrument designed to directly assess everyday financial activities and abilities relevant to community-dwelling adults. The FCI assesses financial skills at the task, domain, and global levels. The current version of the FCI (FCI-9) consists of 20 financial tasks, 9 domains of financial activity, and 2 global levels. The FCI is a reliable and valid measure of financial capacity that discriminates well between cognitively intact older adults and persons with mild and moderate Alzheimer's disease (AD). The FCI has also proven sensitive to identifying subtler changes in the financial abilities of individuals with mild cognitive impairment (MCI). In addition to older adults with dementia, the FCI has application to other patient groups with acquired cognitive ...

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