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Making Predictions: Plan for the Future (ACMP01)

 
Date:Thursday, April 12, 2018
Time:12:00PM - 2:00 PM
(Registration at 11:30AM)
Facility:Webcast or Webinar, Online
CPE Credit:2.0 Accounting and Auditing
Instructor: John F. Levy
Vendor:ACPEN
Course Level:Intermediate
Early Bird Price:$79.00 FICPA Members, $109.00 Non-Members

Description:
We all make predictions in our personal and professional lives. We base our decisions to marry, buy a house, launch a new product or hire staff on expectations about the future. In the past few years, research into improving predictions has advanced. We will look at this research and current best practices in forecasting to help us prepare better budgets and projections.

Objectives:
  • Better understand factors which can cause predictions to be wrong


Major Topics:

  • Why great predictions are not intuitive but the result of critical thinking, gathering information and updating predictions when needed

  • How to separate correlation from causation

  • How to recognize and overcome bias

  • Who is Thomas Bayes and why he matters



    Who Should Attend:
    CFOs, Controllers, Budget Managers and other professionals who work on budgets and forecasts

    Prerequisite:
    Some budgeting and forecasting experience

    Advanced Preparation:
    None

    Session/Options

    If listed below, select the appropriate sessions or options to continue with your purchase.

    Registration Status: OPEN