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| What’s that Mean? Five Principles to Avoid Overvaluing a Company(1516C_N) |
Course CPE: 3 hours
Field(s) of Study: Accounting–3 hrs
Program Level: Intermediate
Prerequisites: Previous training or research on subject matter being taught. Such persons are often at a mid-level within the organization, with operational and/or supervisory responsibilities.
Advanced Preparation: None
Delivery Method: Self-Study |
Item
Number: 15PBVPITT16C
Shipping Weight: 0lbs. 0oz. |
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$189.00 |
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Recording Date: September 16, 2015
Presenter: Lari Masten
Program Description:
Seriously, it is time to embrace statistics to justify our assumptions. Don’t be put off by thinking, “Oh, another ‘statistics’ presentation.” This is not your ordinary discussion of the dry, dry, dry topic. Foul language (aka statistical jargon) will be kept to a minimum. We will explore common assumptions and pitfalls when using measures of central tendency in valuation or forensic accounting engagements. You will discover the key issues and limitations with the use of an arithmetic mean. Through illustrations, we will identify the context and the implications for practice in which the application of specialized statistical concepts (harmonic mean, geometric mean) are not only relevant, but also necessary.
After completing this course, you will be able to:
- Identify when to use the arithmetic, harmonic, or geometric mean
- Determine the limitations of common measures that rely upon the arithmetic mean
- Select appropriate measures of central tendency and related statistics
- Recognize why a measure was selected and how it was calculated
For more information regarding refund or concerns, please contact our offices at (800) 677-2009.
The Consultants’ Training Institute (CTI) 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: www.nasbaregistry.org. |
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