Planning in an Uncertain World
Thursday, April 17, 2025
Webcast or Webinar, Online
9:00 AM - 10:50AM (opens at 8:30 AM) EST
2Credits
Accounting and Auditing
Registration is Closed
Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.
Members
$79.00 Regular Price
Non-Members
$109.00 Regular Price
Course Type: Webcast
Course Code: 25/AC688233
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