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This course is designed to introduce CPAs to the concept of mental models and how they can be used to sharpen critical thinking and improve ethical, problem-solving and decision-making skills in the accounting profession. Participants will learn about a variety of mental models, including the Map is Not the Territory, First Principles, and the 80/20 Rule, and how to apply them to financial situations. The course will also cover the importance of building a "latticework" of mental models and the limitations of mental models.

Topic Covered:

  • Introduction to mental models
  • Examples of mental models and their applications in behavioral ethics
  • Building a latticework of mental models
  • Limitations of mental models
  • How to apply mental models to the accounting profession
  • Case studies demonstrating the use of mental models in financial decision-making
  • Strategies for continuing to learn and expand your mental model toolkit

Who should attend:
This course is intended for CPAs and other accounting professionals who want to sharpen their critical thinking and improve their ethical, problem-solving and decision-making skills.

Learning Objectives
  • Discover and distinguish between mental models and explain their importance in decision-making.
  • Identify and describe a variety of mental models.
  • Explore and apply mental models to financial situations.
  • Recognize the importance of building a latticework of mental models.
  • Recognize the limitations of mental models and seek out additional information as needed.
  • Identify and analyze case studies demonstrating the use of mental models in financial decision-making.
  • Discover and develop strategies for continuing to learn and expand your mental model toolkit.
Last updated/reviewed: November 01, 2023
2 Reviews (3 ratings)

Reviews

5
Anonymous Author
I really enjoyed the course and the instructor and I look forward to exploring other courses he has created.

5
Anonymous Author
This course teaches you to how to think about thinking. Excellent how the presenter (who is excellent) explained the concepts using not just general but accountant specific problems.

Prerequisites
Course Complexity: Intermediate
Basic knowledge of accounting principles and practices is recommended but not required for this course.
Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
Course Syllabus
INTRODUCTION AND OVERVIEW
  Introduction to Mental Models for Accountants: How to Use Cognitive Frameworks4:10
  What are Mental Models?14:48
  Prominent Mental Model Thinkers - Part 133:14
  Prominent Mental Model Thinkers - Part 233:32
  Domain Mental Models16:20
  Key Takeaways3:58
CONTINUOUS PLAY
  Mental Models for Accountants: How to Use Cognitive Frameworks1:46:02
SUPPORTING MATERIALS
  Slides: Mental Models for Accountants: How to Use Cognitive FrameworksPDF
  Mental Models for Accountants: How to Use Cognitive Frameworks GlossaryPDF
REVIEW AND TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam