Webinar

Data Analytics Toolkit - Tools and Applications

  • Tuesday, June 15, 2021

    10:00am – 12:00pm
  • 2.00
    CREDITS
    Accounting, Management Services

There is no shortage of data, but relatively few organizations have an environment and process to isolate, capture, analyze, and convert data into act

Objectives

  • Determine and expand the current use of data analytics within an organization
  • Identify common uses of analytics in organizations today.
  • Improve financial staff’s core activities (measuring, reporting, budgeting, and forecasting) through data analytics
  • Understand traditional and non-traditional sources of data for analysis
  • Explore and isolate applications for numerous statistical and software tools that are readily available
  • Recognize specific areas where financial professionals add significant value using data analytics, either now or in the future       

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

Additional Information

Designed For

Public, private, and non-profit organizations and their members - CFOs, CEOs, Controllers, Auditors and Managers

Vendor

Surgent

Advanced Preparation

None

Credits

1.00 Accounting

1.00 Management Services

Prerequisite

Experience and/or exposure to financial management

Course Number

2125212

Level of Knowledge

Intermediate

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