Data Analytics Toolkit – Tools and Applications Webinar

Oct 4
1:00 - 3:00 p.m.

Online

1-A&A; 1-Other
CPE Credits

There is no shortage of data, but relatively few organizations have an environment and process to isolate, capture, analyze, and convert data into actionable information. Too often, we collect as much data as possible, continue to use historic measurements, and communicate data using traditional vehicles. Good decisions are not the result of the amount of data gathered, but of the quality and understanding of the information. The goal of this program is to explore a number of analytical tools and techniques and identify applications for them within an organization. Analytical techniques will be introduced throughout the discussion, and a significant amount of time will be spent addressing the steps needed to establish a data-driven environment and identifying and discussing potential/specific applications. In this way, participants get experience they can begin to use in their organizations. An expanded list of reference books and next level software is also provided.
Highlights

Definition of Data Analytics
Assessing your organization’s current status and establishing an environment for success
Financial staff’s core activities
Common uses of analytics and current examples
Behavioral forces that impact decisions
Examples of inaccurate forecasts
Identifying strategic measurements (KPIs)
Improving budgeting and forecasting and addressing Black Swan events
Collecting and using data from traditional and non-traditional data sources
Statistical tools, including Median, Mode, Moving average, Ratio analysis, Pareto analysis, Rolling forecast, Mission-based budgeting, Trend analysis, Regression, Z-Score (public and private organizations), and Simulation
Analytical techniques, including Brainstorming, Mind mapping, and Delphi technique
Software tools that are readily available and can assist in visually exploring data; expanding the scope of available data, as well as collecting, analyzing and presenting results (including Dashboards).
Specific ideas for using Data Analytics, including immediate opportunities and areas for further consideration
Expanded lists of readings and next level software for a participants’ future reference

Registration

PICPA Member: $89
Nonmember: $114

More Information

Course No. DATA-2022-01-WEBNR-277-01

Level: Intermediate

Prerequisites: Experience and/or exposure to financial management

Notes
This webinar is hosted by PICPA's partner, Surgent CPE. After registering, you will receive an email from Surgent CPE with the log-in information.

Speaker(s)

Anthony LaRusso

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