Planning in an Uncertain World
Wednesday, February 19, 2025
Webcast or Webinar, Online
9:00 AM - 10:50AM (opens at 8:30 AM) EST
2Credits
Accounting and Auditing
Registration is Open
Members
$79.00 Regular Price
Non-Members
$109.00 Regular Price
CPE PowerPass Users
Click the "Apply PowerPass" button to use your PowerPass for the applicable course below.
$40.00 Members / $56.00 Non-Members
Don't have a CPE PowerPass? Click
here to find out more about the CPE PowerPass program.
Course Type: Webcast
Course Code: 24/AC687992
Level: Intermediate
Vendor: ACPEN
Field of Study: Accounting
Overview:
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
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