Mental Models for CPAs: How to Use Cognitive Frameworks
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Overview:
This course is designed to introduce CPAs to the concept of mental models and how they can be used to improve ethical, problem-solving and decision-making skills in the accounting profession. Participants will learn about a variety of mental models, including the Map is Not the Territory, First Principles, and the 80/20 Rule, and how to apply them to financial situations. The course will also cover the importance of building a "latticework" of mental models and the limitations of mental models. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.Objectives:
After attending this presentation, you will be able to...
- Distinguish between mental models and explain their importance in decision-making
- Identify and describe a variety of mental models
- Apply mental models to financial situations
- Recognize the importance of building a latticework of mental models
- Recognize the limitations of mental models and seek out additional information as needed
- Analyze case studies demonstrating the use of mental models in financial decision-making
- Develop strategies for continuing to learn and expand your mental model toolkit
Major Topics:
The major topics covered in this course include:
- Introduction to mental models
- Examples of mental models and their applications in behavioral ethics
- Building a latticework of mental models
- Limitations of mental models
- How to apply mental models to the accounting profession
- Case studies demonstrating the use of mental models in financial decision-making
- Strategies for continuing to learn and expand your mental model toolkit
Major Topics:
The major topics covered in this course include:
- Introduction to mental models
- Examples of mental models and their applications in behavioral ethics
- Building a latticework of mental models
- Limitations of mental models
- How to apply mental models to the accounting profession
- Case studies demonstrating the use of mental models in financial decision-making
- Strategies for continuing to learn and expand your mental model toolkit