Business Performance: KPIs and KRIs
Author: Cory Campbell
| CPE Credit: |
2 hours for CPAs |
In this course, participants will delve into the world of Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs), understanding how these metrics can be powerful tools for assessing and optimizing financial performance. Through engaging discussions, practical exercises, and real-world case studies, attendees will gain the knowledge and skills needed to leverage KPIs and KRIs effectively in the dynamic landscape of modern accounting.
Publication Date: June 2024
Topics Covered
- Identify and define key metrics that align with organizational goals and objectives
- Learn how KPIs can be utilized to measure and track financial success and operational efficiency
- Understand the role of Key Risk Indicators in identifying potential threats to financial stability
- Explore methods for selecting and monitoring KRIs to proactively manage and mitigate risks
Learning Objectives
- Identify and define the concept of Key Performance Indicators (KPIs) and their role in financial assessment
- Identify a risk management strategy that incorporates KRIs into accounting frameworks, ensuring proactive risk mitigation and decision-making enhancement
- Identify the impact of selected KPIs and KRIs on decision-making processes in accounting
- Identify the amount of time estimates suggest that analysts spend cleaning data
- Identify the V of big data that relates to data in motion
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Information Technology (2 hours)
Program Prerequisites
None
Advance Preparation
None
