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Data Analysis 101

Data Analysis 101

We accountants have some very sophisticated data analysis tools at our disposal, and it’s fun to experiment with the advanced formulae available in Excel and other programmes.

Overview

We accountants have some very sophisticated data analysis tools at our disposal, and it’s fun to experiment with the advanced formulae available in Excel and other programmes.

However, data analysis is an iterative process and it is important to start with some simple analysis tools to highlight the key issues in the data before exploring those issues with more advanced tools.

That’s where this course – Data Analysis 101 - comes in. This course covers the four basic tools of data analysis that everyone working in an organisation should know. These four tools will help you carry out the initial filtering of performance data in order to highlight the important trends and issues. Often these tools are not covered adequately in business or finance training and this course will give you a good grounding in these simple but immensely useful analysis tools.

Advanced analysis is often difficult to understand for people who are not finance or data experts. Using simple tools to draw out the main points in performance data will improve engagement with the data and will help drive discussions about the appropriate actions to take, rather than heated discussions about what the analysis actually means.

This course will help you get to the heart of understanding the performance data in your organisation, and it will help you present that information to others in the organisation so that the decisions made, and the actions taken, address the real issues affecting performance.

I hope you enjoy the course.

Course Information

There are no course pre-requisites

Principles of Process Management
An Introduction to Performance Data: Tools for Data Analysis that Works
Understanding Variation
The Control Chart: Highlighting the variation in data
Control Chart Special Cases
Interpreting the Control Chart
Strategies to deal with Special Cause and Common Cause Variation
Using Data to Drive Improvement
A Structure for Performance Management

Business managers
Accountants
CFOs
Accounting students
Finance staff

• Lifetime Access to Each Course
• Certificate on Completion of Course
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• High Priority Support After Sales.
• Big Discounts on Individual Courses

Course Specifications

Find various Data Analyst courses including a diploma in data analytics

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Adult education is the non-credential activity of gaining skills and improved education. 

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Online education is electronically supported learning that relies on the Internet for teacher/student interaction. 

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A short course is a learning programme that gives you combined content or specific skills training in a short period of time. Short courses often lean towards the more practical side of things and have less theory than a university course – this gives you a more hands-on experience within your field of interest.

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Course duration is 24 hours.

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