Course Description

Even if managers have incomplete information or constraints, they still must make choices. This session provides advice for navigating rocky decision-making terrain encountered by managers who must make choices despite imperfect information and/or constrained resources. We explore ways to leverage available information to make effective decisions when seemingly critical details cannot be obtained. We also illustrate managerial accounting techniques for optimizing profitability when inputs or resources are constrained by supply chain disruptions or other limitations.

Learning Objectives

• Identify decision-making strategies that help managers evaluate alternatives and make effective choices when information is incomplete or resources are constrained.
• Recognize how managerial accounting techniques can be applied to optimize profitability when organizations face supply chain disruptions, limited resources, or other operational constraints.

Prerequisites

• None

Who Should Attend

CPAs, accounting/finance professionals and leaders.