Effective decision making

Costs shouldn't manage you.

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:

• Relevant costs for short-term pricing decisions.
• Breakeven analysis.
• Risk and uncertainty.

Gain practical experience.

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.

This is a standalone course but if you’re interested in more of this type of learning while earning a designation, explore the CGMA® Finance Leadership Program.

What's behind the decision tree?

Gain a deeper understanding of how resources are allocated under uncertainty and acquire the tool that provides analytics to managers for planning and controlling. By focussing on probability techniques, you can evaluate each choice under uncertainty and identify unique opportunities to learn management practices and strategies to make effective business decisions.

Value added topics:

• Probabilities and expected values
• Decision trees
• The value of information

This is a standalone course but if you’re interested in more of this type of learning while earning a designation, explore the CGMA® Finance Leadership Program.

Short-term decision-making is vital in any business.

This course introduces several techniques used for short-term decision-making as well as relevant costs and revenues for decision-making. By identifying the optimal production plan when resources are limited, you can determine the most effective course of action that will drive company flexibility and success.

Value added topics:

• Factors for short-term decision-making
• Relevant cost and revenue
• Product mix decisions

Gain practical experience.

The exercises use real-world examples and are designed to equip you with the skills you need to apply advanced costing strategies and acquire a deeper understanding of the decision-making process to assist financial reporting and control.

This is a standalone course but if you’re interested in more of this type of learning while earning a designation, explore the CGMA® Finance Leadership Program.