Introduction to Financial Modelling

Summary

When done well, Financial Models are powerful tools that can be used to help organisations make good business decisions.

This course is provided by a third party provider accountingcpd.net and the fee charged is exclusive of VAT.  Training tickets are not applicable on this product. 

Venue details:  
Online, ,
Start date & time:  
01 January 2019 00:00
End date & time:  
01 January 2022 00:00
Price: €85.00  (€85.00 Member price)
By registering for this course you have accepted the terms and conditions
CPD hours:  
4.00
Speaker details
First nameLast name
AccountingCPD. net

Description

Product type:  
CPD online course
Category:  
Finance, management reporting and analysis

This course provides a solid introduction to financial modelling - exploring why and how they are used by businesses, and how the standards (FAST) that exist can ensure that the financial models you develop work for your businesses. It also looks in detail at how the models are set up, how concept diagrams can be useful and the different considerations that feed into building calculations.

Course overview 

What is a Financial Model?

  • What is a financial model?
  • Why do businesses use models?
  • How do we do financial modelling?
  • What do we use models for?
  • What skills do I need to do financial modelling?
  • Where can things go wrong?

Standards

  • What are standards?
  • Why do we use standards?
  • When should I use a standard?
  • Why is FAST significant?
  • What are the key characteristics of FAST?

Setting up a Model

  • How do I set up a model?
  • Why have a standard structure for each model?
  • What goes on the input sheet?
  • What goes on the working sheet?
  • What goes on the output sheet?
  • What is the standard recommended format for each sheet?

Concept Diagrams

  • What are concept diagrams?
  • Why use concept diagrams?
  • What am I trying to model?
  • When should I use concept diagrams?
  • How are concept diagrams used?

Building a Calculation

  • What are we trying to model?
  • What are the ingredients?
  • How shall I lay out the calculation block?
  • What are the operators I could use?
  • What functions are commonly used in financial modelling?
  • What Excel shortcuts can I use?
  • What other FAST principles should I use to build the block?
  • How can I produce a graph to show the balance?