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Data Driven vs Ethical Decision Making

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Date(s): Nov 08, 2023 - Nov 09, 2023
Time: 8:00AM - 12:00PM
Registration Fee: $129.00
Cancellation Date: Nov 01, 2023
Location: Online

Course Description

Big Data. Data-driven decision making. They are more than buzzwords; they are requirements in today’s competitive business environment. Data empowers organizations to respond almost in real time, but does “fast” decision making it also create problems? This session will explore the value of data and data-driven decision making, but also examine the pitfalls of decisions made solely using data. We will compare the di?erence between ethical decision-making and data-driven decision making and how organizations can incorporate and embrace ethical decision making while still leveraging insights provided by data. We will also examine why critical thinking skills are so important when working with data and how data can be both unwittingly and willingly manipulated to alter perception and sometimes reality.

Potential CPE Credits: 8.0
Govt Hours: This class meets 8.0 hours of the 24-hour requirement for governmental CPE under Government Auditing Standards (yellow book), in most cases.
Technical Hours: This class meets 8.0 CPE credits of technical training in compliance with Texas Admin. Code Rule 523.102.

Instruction Type: Live
Experience Level: INTERMEDIATE
Category: Auditing

Course Objectives

  •  Learn the benefits of data-driven decision-making.

  • Understand the challenges and pitfalls of data-driven decision-making.

  • Examine why critical thinking is crucial for working with and understanding data

  •  Differentiate various ethical decision-making approaches.

  • Understand the challenges to ethical decision-making.

  • Learn to apply the ethical elements and dimensions to data-driven decision-making.


Professionals with at least 2-years' experience.


Bret Kobel

Bret Kobel is Managing Partner for Verracy Training & Consulting and has more than 20 years of professional finance, accounting, audit, risk and compliance experience. Mr. Kobel specializes in internal controls, process improvement, process transformation & implementation with organizations operating under GAAP and/or IFRS Standards. He brings a diverse background to the organization from venture-backed startups to global Fortune 500 companies.


Prior to joining Empower, Mr. Kobel spent two years on assignment in Singapore as the Regional CFO and Controller for an international logistics company responsible for seven countries in the Asia Pacific region. Mr. Kobel was tasked with transforming the financial organization and redesigning the financial processes to ensure timely and accurate financial reporting.


Prior to that, Mr. Kobel spent several years with a large international drilling services company operating in over 40 countries on six continents. He was responsible for developing the company’s initial policies and procedures and implementing the baseline internal controls framework for the company as well as the initial Enterprise Risk Management (ERM) program. Mr. Kobel later led global Internal Audit teams performing the first ever internal audits in the company’s 120-year history.


Earlier in Mr. Kobel’s career, he was part of a team that interpreted the newly released 1992 COSO Internal Control – Integrated Framework that worked to define a set of policies and procedures for one of the largest university systems in the nation and later led teams conducting the initial internal audits for the newly-implemented procedures.


Mr. Kobel received his BS degree from Indiana University and his MBA from The University of Texas at Austin. He is a member of the Institute of Internal Auditors (IIA) and the Association of Certified Fraud Examiners (ACFE) and is currently an instructor and conference speaker for the IIA and ISACA.

Additional Information

TAC Rule 523.142(g) requires the CPE Sponsor to monitor individual attendance and assign the correct number of CPE credits. Participants will be asked to document their time of arrival and departure in compliance with this Rule. Additionally, attendance will be monitored throughout the day and CPE certificates will reflect actual attendance of each participant.

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