Decision Making Under Risk and Uncertainty
Learn costing methods and tools that help you make decisions in uncertain situations.
NASBA Field of Study
Business Management and Organization
Authored by an extensive network of global SMEs in connection with AICPA and CIMA staff.
Costs shouldn't manage you.
This course will give you the tools to make decisions that improve financial performance. By focussing on cost-volume-profit analysis, and using factors and techniques to improve short-term decision-making during times of uncertainty, you can develop a cost accounting framework to make effective decisions in today's fast-paced business environment.
Value added topics:
- Relevant costs for short-term pricing decisions.
- Breakeven analysis.
- Risk and uncertainty.
Gain practical experience.
The hands-on exercise uses real-world examples to enable you to apply cost accounting tools and acquire a deeper understanding of the essential skills of effective decision-making and how risk and uncertainty can be built in.
This is a standalone course but if you’re interested in more of this type of learning while earning a designation, explore the CGMA® Finance Leadership Program.
- Global accounting and finance professionals
- Management accountants
- CPAs in public practice
- Consulting firm professionals
- Short-term pricing decisions
- Break-even analysis
- Uncertainty in short-term decision making
- Determine appropriate inputs to establish a selling price for a product or service.
- Determine breakeven activity levels in single- and multiple-product scenarios.
- Identify factors and techniques used to improve short-term decision-making with uncertainty.
Group ordering for your team
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