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Courses/Ethics/Ethics for Accountants

Mental Models for Accountants

How to Use Cognitive Frameworks

Created byGarrett Wasnyworkspace_premium
BeginnerUpdated Aug 3, 2023
Mental Models for Accountants

What You'll Learn

check_circleDistinguish between mental models and explain their importance in decision-makin
check_circleApply mental models to financial situations
check_circleRecognize the importance of building a latticework of mental models
check_circleRecognize the limitations of mental models and seek out additional information as needed
check_circleAnalyze case studies demonstrating the use of mental models in financial decision-making
check_circleDevelop strategies for continuing to learn and expand your mental model toolkit

About This Course

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.

Explore key concepts and frameworks, including:

  • Strategic insights from renowned thinkers like Charlie Munger, Daniel Kahneman, and Nassim Nicholas Taleb.
  • Practical applications of models derived from fields such as Physics, Biology, History, and Geography.
  • Understanding cognitive biases, decision-making principles, and systems thinking.

By applying these diverse perspectives, you will refine your analytical skills, identify blind spots, improve forecasting, and gain a more holistic understanding of accounting challenges. Elevate your thinking and become a more effective advisor and problem-solver in your practice.

Your Instructor

Garrett Wasny
Garrett Wasny

MA, CMC, CITP/FITP

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star14,030 reviews

GARRETT WASNY, MA, CMC, CITP/FITP, is an artificial intelligence (AI) skills advisor to accountants, tax attorneys, enrolled agents, and tax preparers worldwide. His courses focus on the new intersection of accounting and technology, and provide guidance to practitioners on how to prosper in this dynamic age. His sessions demystify emerging cloud, mobile, and social applications, and explain in plain language how financial professionals can use these online tools to build trust, solve problems, and create new value. He’s also an award-winning Internet speaker, author, app developer, professional development specialist, and former management consultant for Price Waterhouse. He's published 50+ ebooks on computing and ethical issues related to accounting, written hundreds of articles and columns on Internet strategy, and delivered thousands of seminars and webinars to CPAs and accounting organizations around the globe.

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We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.