Cognitive bias: The hidden psychology of decision-making | CPA Australia
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Did you know that cognitive bias quietly shapes many of the decisions made in accounting and finance, often without professionals realising it? 🤔 This episode explores what cognitive bias is and how it may affect your financial decision-making processes. Key learnings include: - Why cognitive bias exists and when it becomes a professional risk - How common biases affect financial judgment - The ethical consequences of bias in accounting and finance - How organisational culture can reduce or rei
0:49
Did you know that cognitive bias quietly shapes many of the decisions made in accounting and finance, often without professionals realising it? 🤔 This episode explores what cognitive bias is and how it may affect your financial decision-making processes. Key learnings include: - Why cognitive bias exists and when it becomes a professional risk - How common biases affect financial judgment - The ethical consequences of bias in accounting and finance - How organisational culture can reduce or rei
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