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Business Intelligence and Analytics: Make Sense of Your Data


Total Credits: 2 including 2 Computer Software & Applications - Non-technical

Average Rating:
   58
Categories:
ACPEN Industry Institute |  Industry |  Technology
Faculty:
Gary Cokins, MBA, CPIM
Course Levels:
Intermediate
Duration:
2 Hours
License:

Dates


Description

Volatility and complexity are the new normal. Most organizations are drowning in data, but starving for information. The finance and accounting function has the opportunity to leverage Big Data and the continuum of analytics – descriptive, diagnostic, predictive, and prescriptive. All are useful for better decision making. Collecting, validating, and reporting data is not the same thing as analyzing information where we can glean valuable, actionable insights. In some ways the finance function is many years behind other disciplines such as marketing, sales, and supply chain managers, in applying analytics. How can the CFO’s function catch up?

Basic Course Information

Learning Objectives
  • Understand how Business Intelligence (BI) and Business Analytics (BA) can help you make sense of your organization's data

Major Subjects
  • The Rise of Business Intelligence (BI), Business Analytics (BA), and Big Data
  • Why the interest in BI and BA?
  • The analytics continuum
  • How BA can provide a competitive advantage
  • The difference between BI and BA
  • The difference between forecasting and predictive analytics
  • Fundamentals of analytical techniques
  • Examples for the CFO and accounting function
  • Benefits from applying analytics

Course Materials

Faculty

Gary Cokins, MBA, CPIM's Profile

Gary Cokins, MBA, CPIM Related Seminars and Products


Gary Cokins is an internationally recognized expert, speaker, and author in performance improvement systems and advanced cost management.

Gary received a BS degree with honors (Tau Beta Pi; Alpha Pi Mu) in Industrial Engineering/Operations Research from Cornell University in 1971. He was a two year varsity football letterman. He received his MBA with honors (Beta Gamma Sigma) from Northwestern University’s Kellogg School of Management in 1974.

Gary began his career as a strategic planner with FMC Corporation and subsequently served as Financial Controller and Operations Manager with FMC’s Link-Belt division. In 1981 Gary began his management consulting career first with Deloitte Consulting. Next with KPMG, Gary was trained on activity-based costing (ABC) by Harvard Business School Professors Robert S. Kaplan and Robin Cooper. 

 

With KPMG working with Dr. David Norton, Gary was also involved with initial research that led to the development of the Balanced Scorecard. Prior to joining SAS, Gary headed the National Cost Management Consulting Services for Electronic Data Systems (EDS), now part of HP. In 1996 Gary joined ABC Technologies which was acquired in 2002 by SAS, a leading provider of enterprise performance management and business analytics software, headquartered in Cary, North Carolina. At SAS he was a principal consultant and retired in 2012.

Gary was the lead author of the acclaimed An ABC Manager’s Primer (ISBN 0-86641-220-4), sponsored by the Institute of Management Accountants (IMA). Gary’s second book, Activity Based Cost Management: Making it Work (ISBN 0-7863-0740-4), was judged by the Harvard Business School Press as “read this book first.” A reviewer for Gary’s third book, Activity Based Cost Management: An Executive’s Guide (ISBN 0-471-44328-X) said, Gary has the gift to take the concept that many view as complex and reduce it to its simplest terms.” This book was ranked number one in sales volume of 151 similar books on BarnesandNoble.com. Gary has also written Activity Based Cost Management in Government (ISBN 1-056726-110-8). His five most recent books are Performance Management: Finding the Missing Pieces to Close the Intelligence Gap (ISBN 0-471-57690-5), Performance Management: Integrating Strategy Execution, Methodologies, Risk, and Analytics (ISBN 978-0-470-44998-1), Strategic Business Management: From Planning to Performance (ISBN 978-1-93735-081-9), Budgeting, Planning, and Forecasting in Uncertain Times (ISBN 978-1-94012-531-8), and Predictive Business Analytics (ISBN 978-1-118-17556-9).

Gary has participated and served on committees including: CAM-I, the Supply Chain Council, the International Federation of Accountants (IFAC), the Institute of Management Accountants, the AICPA, and the American Association of Accountants (AAA).

Gary serves on the board of advisers for organizations including an advisory board with Harvard Business School Professor, Robert S. Kaplan, for the International Monetary Fund (IMF).


Additional Info

Basic Course Information

Prerequisites None
Designed For CEOs, CFOs, Controllers and other corporate professionals
Original Recording Date 03/14/2019
Yellow Book No
Course Developer Executive Education, Inc.
Date Added to Catalog 01/09/2019

Additional Information

Complaint Resolution Policy Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
Official Registry Statement

Business Professionals' Network, Inc. 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


Instructional Delivery Method Group Internet Based
Course Registration Requirements Online Registration
Refund/Cancellation Policy Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.

Reviews

5
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Overall:      4.3

Total Reviews: 58

Comments

Stephanie W

"I really enjoyed this CPE. I have a list of books that were referenced in this segment that I intend to read. This is the type of accounting that most interests me. It increases my desire to obtain my CMA along with my existing CPA. "

Nancy P

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Russell A

"Timely and pertinent!"

Kara D

"Like the concentration on present and future changes for accounting industry. Need more like this that focus on changes in accounting for the future. "

Dana A - Wylie, Texas

"Great course. As a controller in a mfg company I found this very relevant."

Joseph G - Palm Beach Gardens, Florida

"Course, Instructor and Moderator exceeded my expectations. Very well done."