Decision Making Analytics

Available Anytime
Location: Online
1Credits
Technical Business
Registration is Open
FICPA Members
$55.00 Regular Price
Nonmembers
$65.00 Regular Price
Product Code: AI23-FLP21_RMM3
Level: Intermediate
Vendor: AICPA CPE Division
Field of Study: Business Management & Organization

Overview:

Grow your decision tree.

Decision analytics help you evaluate your options. A decision tree is an excellent tool that allows you to lay out options and investigate the possible outcomes to then objectively choose your course of?action. Along with value and sensitivity analysis, you will have the tools to make an impact.

Tools that demonstrate proficiency in decision-making:

  • Decision trees
  • Information value
  • Sensitivity analysis

The course offers real-life examples for you to practice and gain confidence in applying the decision-making tools at your company.

This is a standalone course but if you're interested in more of this type of learning while earning a designation, explore the CGMAr Finance Leadership Program.

Objectives:

Learning Outcomes

  • Analyse decision trees [SR1] for deciding the best course of action.
  • Apply sensitivity analyses to project outcomes using multiple measurement techniques.
  • Analyze how decision trees are affected by the information available.

Major Topics:

Key Topics

  • Decision trees - preparation
  • Decision trees - value of information
  • Sensitivity analysis

Designed For:

Who Will Benefit

  • Global accountants and finance professionals
  • Management accounting professionals
  • CPAs in public practice
  • Business leaders
  • Strategic advisers


Prerequisite:

Managing business risks