Planning in an Uncertain World
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.
Highlights
- 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
Prerequisites
Some budgeting and forecasting experience
Designed For
CFOs, Controllers, Budget Managers and other professionals who work on budgets and forecasts
Objectives
- Better understand factors which can cause predictions to be wrong
Preparation
None
Notice
This course is offered by a 3rd party vendor and will not be accessible in the My CPE Tracker section of the ISCPA website. Course access information will be emailed directly to you by Accounting Continuing Professional Education Network (ACPEN).
Leader(s):
Leader Bios
John Levy, The Knowledge Institute LLC
John F. Levy is the CEO of Board Advisory, a firm that assists public companies, or companies aspiring to be public, with corporate governance, compliance, financial reporting and financial strategies. He has nine years’ experience with three large public accounting firms and served as CFO of both public and private companies. John currently sits on the boards of three public companies and three nonprofits, serving as chair of one company and audit committee chair of another. He graduated from the University of Pennsylvania’s Wharton School of Business.
Non-Member Price $109.00
Member Price $79.00