Decision Making Under Risk and Uncertainty (AC)

Learn costing methods and tools that help you make decisions in uncertain situations.

OBJECTIVE:
This course will give you the tools to make decisions that improve financial performance. By focussing on cost-volume-profit analysis, and using factors and techniques to improve short-term decision-making during times of uncertainty, you can develop a cost accounting framework to make effective decisions in today's fast-paced business environment. Value added topics include relevant costs for short-term pricing decisions, breakeven analysis and risk and uncertainty. 

The hands-on exercise uses real-world examples to enable you to apply cost accounting tools and acquire a deeper understanding of the essential skills of effective decision-making and how risk and uncertainty can be built in. 

LEARNING OUTCOME:
By the end of this course, participants should be able to: 

  • Determine appropriate inputs to establish a selling price for a product or service. 
  • Determine breakeven activity levels in single- and multiple-product scenarios.
  • Identify factors and techniques used to improve short-term decision-making with uncertainty. 

CONTENT:
The topics in this seminar include: 

  • Short-term pricing decisions 
  • Break-even analysis
  • Uncertainty in short-term decision making 

APPLICABLE FOR: 
Global accounting and finance professionals, management accountants, CPAs in public practice and consulting firm professionals. 

WHAT TO EXPECT: 

  • After registering for the on-demand course, you will receive an email from Bridge (AICPA) with your login information within two business days. 
  • You will be required to sign into Bridge to access your course. To create a password for your Bridge account, use the forgot password link. The email from Bridge may take a few minutes to arrive. Please also check your junk folder.
  • You will have 180 days after registration to complete the course.  
  • This self-study course allows the user to save their progress and return to continue later. 
When
4/1/2024 - 3/31/2025
Where
On Demand
Event Code
AC2411
Estimated CPD Hours
1.5
Format
On Demand
Passport Credits
4
Estimated Ethic Hours
Competency
Strategy and Governance
Price
105.00
Estimated Licence Hours
Course Level

Personal Passport Eligibility

Corporate Passport Eligibility

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