Data Analysis 101 - Getting to the heart of performance data

4.1 (8)

Ross Maynard

Ideas2Action Process Excellence Ltd

Friday, January 15, 2021 | 10:00 AM EST

  • CPA
  • CMA
  • CPA(Canada)

Credits: 2 CPE | 2 CPD


Subject Area

Specialized Knowledge

Webinar Qualifies For

2 CPE credit for Certified Management Accountants (CMA)

2 CPE credit of Specialized Knowledge for all CPAs

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)


Jan 21, 2021 | 10:00 AM EST View Details

annual federal tax update - c & s corporations, partnerships & llcs (forms 1120, 1120s & 1065)


Jan 21, 2021 | 08:00 AM PST View Details

tax updates latest (business & payroll)


Jan 21, 2021 | 08:00 AM PST View Details

effective communication - from ordinary to an extraordinary cpa practice

Jan 21, 2021 | 02:00 PM EST View Details

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Jan 21, 2021 | 03:00 PM EST View Details

tax practice standards (ethics)


Jan 21, 2021 | 03:30 PM EST View Details

business tax update 2020


Jan 21, 2021 | 04:30 PM EST View Details

regulatory ethics guidebook for cpas: aicpa code of professional conduct


Jan 22, 2021 | 09:00 AM EST View Details

credit cards in qbo - seamless payments from client


Jan 22, 2021 | 09:00 AM EST View Details

partnership preparation, basis calculations & distributions–form 1065 schedule k & k-1 analysis


Jan 22, 2021 | 10:00 AM EST View Details

the accountant's guide to climate change


Jan 22, 2021 | 10:00 AM EST View Details

complex schedule a training


Jan 22, 2021 | 10:00 AM EST View Details

internal controls for businesses


Jan 22, 2021 | 10:00 AM EST View Details

mastering irs representation


Jan 22, 2021 | 10:00 AM EST View Details

employment law in a nutshell – guidance for your business


Jan 22, 2021 | 10:00 AM EST 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?

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





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


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


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.


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.