Data Analytics for CPAs: Prescriptive Analytics
Available Until
Self-study
1.00 Credits
Member Price $49.00
Non-Member Price $59.00
Overview
In this course, you will develop the skills to assess the analytics maturity of client organizations, effectively utilize analytics techniques for forecasting, and identify opportunities for optimizing financial decision-making. We will delve into the concept of optimization, covering the setup and solving of optimization problems. You will also learn how to optimize capital investment decisions using decision trees and enhance inventory management by implementing reorder points and safety stock. ? This course is part of a training series that introduces CPAs and financial professionals to descriptive, predictive, and prescriptive analytics, covering analytics benchmarking, forecasting methods, and optimization for decision-making in capital investment and inventory management.
Highlights
- What is optimization?
- How to set up and solve an optimization problem
- Optimizing capital investment decisions with a decision tree
- Optimizing inventory management with reorder points and safety stock
Objectives
- Determine the level of analytics maturity of a client organization
- Recognize how to make and evaluate a forecast using analytics techniques
- Identify when optimization techniques can improve financial decision-making
Notice
This is a self-study/on demand course offered by a 3rd party vendor and will NOT be accessible in the My Upcoming CPE section of the ISCPA website. Course access information will be emailed directly to you by CalCPA. The course expires one year from the purchase date. Format = Online Self-Study.
Non-Member Price $59.00
Member Price $49.00