Bad Data in Performance Measurement

Summary

Confusing data can lead to bad decisions and money lost, especially in corporate data and management reports. In this course, explore how confusing or misrepresented performance data can lead to incorrect conclusions.

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This course is provided by a third party provider accountingcpd.net and the fee charged is exclusive of VAT. Training tickets are not applicable on this product.

Venue details:  
Online, ,
Start date & time:  
01 January 2019 00:00
End date & time:  
01 January 2022 00:00
Price: €85.00  (€85.00 Member price)
By registering for this course you have accepted the terms and conditions
CPD hours:  
4.00
Speaker details
First nameLast name
AccountingCPD. net

Description

Product type:  
CPD online course
Category:  
Financial reporting

Dodgy data is all around us. From marketing surveys carried out by companies to show their brands are the best to newspaper headlines that skew scientific reports to make a splash. Sometimes the data is deliberately manipulated to give the required answer, and sometimes it is carelessness or a lack of understanding of how data works.

The same is true of corporate data and management reports. At the very least, the careless use of management information can lead to confusion rather than clarity. At worst, bad data leads to the wrong decisions being made and money being lost. This course illustrates how performance data can be presented and analysed so that the correct conclusions can be reached and more effective action taken.

 

This course will enable you to:

  • Explore how misguided assumptions and certain presentation methods can lead to incorrect conclusions about performance data.
  • Consider the characteristics of "good" data analysis and presentation.
  • Develop skills in data presentation to ensure you reach the correct conclusions about performance data.
  • Build confidence in your data analysis and presentation skills to utilise data and manage performance more effectively.