During uncertain times, it is critical to gain an understanding of what is most likely to happen to the economy. This is an essential part of the business planning process.

Economic indicators are those often-voluminous statistics released by government agencies, non-profit organizations, and even private companies.

They provide measurements for evaluating the health of our economy, including the latest business cycles, consumer spending, inflation, housing, and so on. Various economic indicators are released quarterly, monthly, weekly, and even daily.

The Consumer Price Index (CPI) is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care. It is calculated by taking price changes for each item in the predetermined basket of goods and averaging them.

Attendees of the CPE course will learn about price indices and inflation.

Following major topics are discussed in this CPE webinar:

What are the causes and consequences of inflation and hyperinflation?
How and when the official figures of inflation and hyperinflation are released to the public?
What are the impacts of inflation and hyperinflation on market?
How to reinforce some of the concepts with a short active learning exercise?

Learning Objectives

To discuss simple index numbers.
To discuss weighted price indices.
To evaluate the mechanics of how the Consumer Price Index (CPI) is constructed in the U.S. and Canada.
To analyze how to put price indices to work by learning how to use them to calculate the inflation rate.
To assess how to adjust nominal data series into real series so they can be compared over time.
To discuss the causes and consequences of inflation and hyperinflation.
To analyze how and when the official figures are released to the public, their impact on markets, and then reinforce some of the concepts with a short active learning exercise.

Recommended For

This Online Continuing Professional Education webinar is recommended for CPAs, CMAs, CFAs, and other professionals looking to improve their business acumen toolbox of skills, with a practical overview of how statistical agencies measure changes in the average price level of good and services in an economy over time.

Who Should Attend?

Certified Management Accountant
Certified Public Accountant
CPA (Industry)
CPA - Mid Size Firm
CPA - Small Firm
Young CPA

Testimonial

4.5

(2)

50%

Economic Indicators: CPI and Inflation

Subject Area

Finance

Webinar Qualifies For

Selfstudy Webinars

You need to register for the webinar to watch the video.

Before starting this self study program, please go through the instructional document.

Overview

Course Description

Learning Objectives

Recommended For

Who Should Attend?

Additional details

NASBA APPROVED

About Presenter

Jason Dean

FAQ

Refund/Cancellation Policy

Testimonial

4.5