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Unraveling the Brain Bugs: Tackling Cognitive Biases in Accounting 3 Credits

Unraveling the Brain Bugs: Tackling Cognitive Biases in Accounting 3 Credits

  • Garrett Wasny

    MA, CMC, CITP/FIBP
  • Rating

    4.6
  • Reviewed on

    January, 2024
  • Subject Area

    Behavioral Ethics

Select your learning mode

  • Access the course at your convenience
  • Take the assessment test
  • Get your certificate
  • Answer the polling questions
  • Get your certificate

Sep 17, 02:30 PM ET

Learning Objective

  • To identify different ways cognitive biases may distort how they view a problem and what solutions they may consider.
  • To explain how your brain may lead you to make illogical interpretations.
  • To analyze ways cognitive biases are used to hijack your psychological vulnerabilities.
  • To list cognitive biases that are specific to the accounting profession.
  • To give examples of strategies to minimize illogical thinking.

Course Overview

Do you ever wonder why our brains sometimes lead us astray? How can we ensure that our accounting work remains accurate, ethical, and logical? Welcome to our eye-opening CPE course where we will delve into the intriguing world of cognitive biases – those subtle thinking errors and "brain bugs" that can impact our perceptions, judgments, and interpretations.

Gain a concise yet comprehensive overview of cognitive biases specifically relevant to the accounting profession. Explore the most common types of biases that can compromise your work, distort your thinking, and hinder your decision-making process. Discover how these flaws in our "mental firmware" can undermine ethical considerations and lead to inaccurate judgments. By understanding and addressing these cognitive biases head-on, you can elevate your accounting practices and ensure a higher level of professionalism and accuracy in your work.

This CPE Ethics webinar answers the following major questions:

  • What are Cognitive bias fundamentals and why cognitive bias is not necessarily bad?
  • How cognitive bias is used to influence your behavior as a consumer?
  • What are the common cognitive errors in accounting?
  • Why do good accountants do bad audits?
  • What are the strategies to address cognitive bias?
  • How to prime yourself and your environment to make better decisions?

Don't miss this opportunity to unravel the mysteries of cognitive biases and enhance your accounting practices. Join us in this engaging CPE course by Garrett Wasny and equip yourself with the tools to recognize, address, and mitigate cognitive biases, ensuring a stronger foundation for accurate and ethical decision-making in your accounting career.

  • 3 CPE Credit of Behavioral Ethics for Certified Public Accountants (CPA-US)
  • 3 General Credit of Behavioral Ethics for Accountant/Bookkeeper/Tax Professionals
  • 3 CPD Credit of Professional and ethical behavior for CPA in Canada
  • 3 CPE Credit of Accounting for Certified Management Accountants (CMA)
  • 3 CPD Credit for Association of Chartered Certified Accountants (ACCA)
  • 3 CPD Credit for Chartered Accountant - ICAEW
  • 3 CPD Credit for Chartered Accountants - Ireland (CAI)
  • 3 CPD Credit for Chartered Accountants - Scotland
  • 3 CPD Credit for CPA - Ireland

  • 2.5 CPE Credit of Behavioral Ethics for Certified Public Accountants (CPA-US)
  • 2.5 General Credit of Behavioral Ethics for Accountant/Bookkeeper/Tax Professionals
  • 2.5 CPD Credit of Professional and ethical behavior for CPA in Canada
  • 2.5 CPE Credit of Accounting for Certified Management Accountants (CMA)
  • 2.5 CPD Credit for Association of Chartered Certified Accountants (ACCA)
  • 2.5 CPD Credit for Chartered Accountant - ICAEW
  • 2.5 CPD Credit for Chartered Accountants - Ireland (CAI)
  • 2.5 CPD Credit for Chartered Accountants - Scotland
  • 2.5 CPD Credit for CPA - Ireland

Additional Information

Credits

3

Course Level

Basic

Instructional Method

QAS Self Study
Group Internet Based

Pre-requisites

None

Advance Preparation

None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors.

About Instructor

Garrett Wasny
Garrett WasnyMA, CMC, CITP/FIBP

Account Executive, BUSINESS & INT’L TRADE EDITORIAL

  • 4.5
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GARRETT WASNY, MA, CMC, CITP/FITP, is a Certified Management Consultant (CMC) and award-winning digital skills advisor to accountants, tax attorneys, enrolled agents, and tax preparers worldwide. His roles include webinar producer, Internet speaker, author, GPT app developer, professional development leader, and former management consultant for Price Waterhouse. 

He's published 50+ ebooks and courses on accounting technology and ethics, written hundreds of articles on Internet strategy, and delivered thousands of seminars and webinars to CPAs and accounting organisations in more than 40 countries.

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Live Webinar FAQs

What is a Live Webinar Group Internet-Based Credit?

A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. These sessions meet the standards set by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars approved by NASBA and other regulatory bodies?

Yes, all our live webinars are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the high standards for quality, interactivity, and educational content set by these organizations.

What are the requirements to maintain compliance with live webinar courses?

To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.

How can I access my webinar completion certificates?

After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Ratings and Review

4.6

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RO

Roxanne Orticke, CPA (US)

There were so many take aways from this -- even thoughts about colors and environments as we invest in the design of a new corporate HQ.

CS

Chace Stokowski, CPA in Canada

Great, fulsome and consumable presentation of the materials. Made it enjoyable to learn and easy to stay engaged.

Inclusions
  • Multiple Credits
    Multiple Credits

    Earn continuing education credits with flexibility. Choose from live webinars, on-demand courses, e-books, or podcasts to fit your learning style and schedule.

  • Certifications & Reporting
    Certifications & Reporting

    We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days - fastest in the industry.

  • Credit Tracker
    Credit Tracker

    Track and manage your compliance across all 50 states and over 100 designations. Our Credit Tracker keeps your CPE credits and compliance requirements always up-to-date.

  • Certificate Vault
    Certificate Vault

    Certificate Vault to upload, manage, and access certificates earned from various sources and an integrated credit tracker, allowing users to monitor and manage their credits conveniently for compliance.

  • Compliance Reminders
    Compliance Reminders

    Stay current with our automated reminder system. Receive timely alerts for your CPE requirements, ensuring you never miss a deadline.

  • Mobile App Access
    Mobile App Access

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  • Live Support
    Live Support

    Our support team is available via live chat, email, and phone from 9 AM to 5 PM ET. We're here to help with any questions or issues, ensuring you have a seamless experience.

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