Business owners have to make decisions every day on issues fraught with uncertainty. Information is not perfect, and the best choice is not always clear. One way to handle these vague situations is to ...

There is an ongoing debate amongst SEM experts as to how to best segment your PPC accounts, and columnist Aaron Levy illustrates his process with a handy flowchart. One of the most common and ...

Mike Westervelt, CPA, is chair of the AICPA Accounting and Review Services Committee (ARSC), and he joins this episode of the JofA podcast to discuss the committee’s role in assisting members. Neil ...

Decision trees are useful modeling tools to help you make decisions. Decision trees offer a structure to organize options and help you understand the possible results of choosing specific options.

We propose a method of applying the Hespos and Strassmann "stochastic decision tree" framework, originally intended for investment decisions, to cash flow management. Sequences of uncertain events, ...

What is a Decision Tree? A decision tree is a visual and logical model used to guide decision-making or make predictions. It breaks down complex problems into a sequence of simpler choices. Each point ...