Webinar Details
Course Description
Behavioral finance has shown that all people, even financial experts, are prone to making irrational and suboptimal financial decisions. It also explores how people have wants that extend far beyond traditional finances' assumption of wanting the highest return at the lowest risk. We are not perfectly rational economic robots; we are easily driven by many wants and emotions while working with limited time, knowledge, and energy.
This course explores many of the biases and heuristics exhibited by all people, even the experts. Biases are predispositions we have toward certain errors. A heuristic is a “rule of thumb.” These biases and heuristics cause people, companies, and markets to deviate from traditional finance.
Learning Objectives
- Recognize common behavioral finance biases and heuristics
- Identify negative financial impacts of finance biases and heuristics
- Identify ways to reduce thinking errors caused by biases and heuristics
Prerequisites
- None
Who Should Attend
CPAs, accounting/finance professionals.
Advanced Preparation
None
Presenter Details
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Robert Stephens
- Presenter
Rob Stephens is the Founder of CFO Perspective, which provides continuing education courses for CPAs and financial management courses for business advisors and staff. He has been quoted in Forbes, U.S. News and World Report, Business Insider, Business News Daily, and many other news sources. Rob has a 20-year career that includes serving as CFO for two banks and a health clinic system. He was also Director of Operations at a $4 Billion bank and SVP of Finance of a $2 Billion credit union, where he was Program Manager of an investment advisory group with $170 Million in assets under management. Rob is an adjunct instructor for the MBA program at Gonzaga University.
Rob holds a Masters of Science in Personal Financial Pla... Read more
NASBA Sponsor
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Encoursa 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 through its website: NASBAregistry.org.
Date & Time
CPE
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Webinars: CPE certificates will be accessible through your dashboard 1 hour after a webinar concludes.
Self-Study: CPE certificates will be accessible through your dashboard immediately after passing the qualified assessment.
For specific instructions on accessing your CPE, please see our FAQ section on our support page.
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Purchase options
Live Webinar
Behavioral Finance: Thinking Errors and Rules of Thumb
by Robert Stephens from Encoursa
- Apr 24, 2025
- 12:00 PM EDT
- Credits: 1.00
$24.00
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