Webinar Details
Course Description
This webinar will provide a practical framework for incorporating probability analysis into your financial projections, equipping you with the tools and techniques to make more informed and robust financial forecasts. By incorporating probability analysis into your financial projections, you can better understand and manage risk to make more informed decisions.
The first section will explore the benefits of probabilistic analysis. The second lesson will briefly cover a few basic statistics concepts. We'll then look at S-curves and flying bars. These are ways to display a range of data. Next is an overview of Monte Carlo simulation. We'll then explore the implementation process for simulation analysis.
Learning Objectives
- Recognize the definitions of possibility and probability.
- Identify key aspects of distribution curves and flying bar charts.
- Recognize methods and tools for probabilistic modeling.
Prerequisites
- None
Who Should Attend
CPAs, accounting/finance professionals who work with budgets and forecasting.
Advanced Preparation
None
Presenter Details
-
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
-
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
-
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.
- Multiple Attendees on Webinars: Each attendee should register separately for the webinar. If more than 1 attendee participated from the same device, please contact us after the event to let us know. For group signups for paid events, please contact us.