Decision Making Under Risk and Uncertainty

Overview

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 CGMAr Finance Leadership Program.

Highlights

Key Topics

• Short-term pricing decisions
• Break-even analysis
• Uncertainty in short-term decision making

Prerequisites

Relevant Cost for Short-Term Decision Making

Designed For

Who Will Benefit

• Global accounting and finance professionals
• Management accountants
• CPAs in public practice
• Consulting firm professionals

Objectives

Learning Outcomes

• 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.