Bad Data - eLearning

This activity is published by accountingcpd.

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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 just 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.

Upon satisfactory completion of this activity you will be able to:
  • Understand how misguided assumptions and certain presentation methods can lead to incorrect conclusions about performance data.
  • Understand the characteristics of ‘good’ data analysis and presentation.
  • Apply skills in data presentation to ensure you reach the correct conclusions about performance data.
  • Apply data analysis and presentation skills to utilise data and manage performance more effectively.

This course equips you with the skills to identify and address many of the data integrity issues facing finance professionals today.
No prerequisites.

No materials distributed.

No assessments required.


Topic: Business Mindset

Sub-Topic: Information & Communication Technology

Format: eLearning

Proficiency Level: Foundation

CPD: Upto 4 hours