CPE PACKAGES (Incl. Ethics) for Multiple States and Qualifications @ $4/credit. CLICK HERE to view.

Data Analysis 101 - Getting to the heart of performance data

  • CPA (CA)
  • CMA
  • CPA (US)
Data Analysis 101 - Getting to the heart of performance data

2 Credits

$20

Subject Area

Specialized Knowledge

Webinar Qualifies For

2 CPE credit of Specialized Knowledge for all CPAs

2 CPE credit for Certified Management Accountants (CMA)

2 CPD credit (Verifiable) for Canadian CPAs

2 General Educational credit for Tax Professionals / Bookkeepers / Accountants

Upcoming Webinars

Best Workshop on S Corporation (Form 1120S) Tax Return Review & Case Study (NEW)

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Oct 21, 2021 | 09:00 AM EDT View Details

Stratgeic Planning Essentials for Nonprofit and Small Businesses

Oct 21, 2021 | 09:00 AM EDT View Details

IRS Representation Series - Circular 230 Ethics and Updates

(1)

Oct 21, 2021 | 09:00 AM EDT View Details

How To Accurately Prepare the 709 Gift Tax Return

(31)

Oct 21, 2021 | 09:30 AM EDT View Details

Demystifying the Magic of Deferred Taxes

(1)

Oct 21, 2021 | 09:30 AM EDT View Details

Understanding Cash Frauds

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Oct 21, 2021 | 09:30 AM EDT View Details

Tax Strategies for Real Estate: Crucial Insights: Acquisition and Depreciation Strategies

(13)

Oct 21, 2021 | 09:30 AM EDT View Details

Mastering QBO For Accountants - Techniques,Tips & Tricks, Advance Learning

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Oct 21, 2021 | 10:00 AM EDT View Details

Practical Guide to IRAs – Contributions & Distributions for Traditional, Roth, SEP & SIMPLE IRAs

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Oct 21, 2021 | 10:00 AM EDT View Details

AICPA Code of Conduct in the Real World

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Oct 21, 2021 | 10:00 AM EDT View Details

Savvy Social Security Planning: All You Need to Know About Social Security Claiming Strategies

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Oct 21, 2021 | 10:00 AM EDT View Details

Excel Accountant: Filtering Data

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Oct 21, 2021 | 10:00 AM EDT View Details

Individual Tax Update (Latest)

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Basics of Nexus: Understanding State Tax Issues

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Oct 21, 2021 | 10:30 AM EDT View Details

Influencing Skills

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Oct 21, 2021 | 10:30 AM EDT View Details

Course Description

We, accountants, have some very sophisticated data analysis tools at our disposal, and it’s fun to experiment with the advanced formulae available in Excel and other programs. 

However, data analysis is an iterative process and it is important to start with some simple analysis tools to highlight the key issues in the data before exploring those issues with more advanced tools.

That’s where this course – Data Analysis 101 - comes in. This course covers the four basic tools of data analysis that everyone working in an organization should know. These four tools will help you carry out the initial filtering of performance data in order to highlight the important trends and issues. Often these tools are not covered adequately in business or finance training and this course will give you a good grounding in these simple but immensely useful analysis tools.

Advanced analysis is often difficult to understand for people who are not financing or data experts. Using simple tools to draw out the main points in performance data will improve engagement with the data and will help drive discussions about the appropriate actions to take, rather than heated discussions about what the analysis actually means.

This course will help you get to the heart of understanding the performance data in your organization, and it will help you present that information to others in the organization so that the decisions made, and the actions taken, address the real issues affecting performance.

Major Topics Covered : 

  • Principles Of Process Management
  • The Definition Of A Process
  • Understanding The Process 
  • Working As One Team For Improvement
  • Tools For Data Analysis That Works
  • The Pareto Chart: Highlighting Priorities
  • The Histogram: Showing The Range Of Performance
  • The Run Chart: Showing Performance Over Time
  • Understanding Variation
  • The Control Chart : Highlighting The Variation In The Data
  • Bodgeit

Learning Objectives

  • To identify the Principles of Process Management
  • An Introduction to Performance Data: Tools for Data Analysis that Works
  • To identify ways of Understanding Variation
  • To recall Control Chart Special Cases

Who Should Attend?

  • Accountant
  • Accounting Firm
  • Bookkeeper
  • Cloud Accountants
  • Cloud Firms
  • CPA - Large Firm
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • CPA in Business
  • Entrepreneurial Accountant
  • Entrepreneurial CPA
  • Senior Accountant
  • Tax Firm
  • Young CPA

Testimonial

4.2

(19)
42%
37%
16%
5%
0%

JC

I like the presenter's subject knowledge as it was very thorough and at the same time overwhelming. Definitely worth the money!

JR

It was a great and very complete course! Would definitely recommend.

RB

Outstanding course in every respect! Gives you an excellent grasp of understanding variation and data analysis tool. Also provides you with a solid knowledge of control chart special cases.

YW

I would suggest the instructor brings more examples and having some interactions vs just reading through the slides.

LR

This course assumes a business has years of data. As a tech start-up, using real-time data tools like Google Analytics, this course felt somewhat antiquated.