Building Effective Financial Models: A Practical Approach

Summary

The aim of the course is to provide a general introduction to spreadsheet modelling and related analysis. During the course, participants will create a model 'from scratch' and the use of this model for various outputs, as outlined below (ROI, dashboard outputs etc.). This is augmented by a feed of given data into the model from 'history' to allow comparisons etc. with the model outputs.

Venue details:  
, Professioanl Training, Unit 22 Westland Square, Pearse Street, Dublin
Start date & time:  
09 July 2020 09:30
End date & time:  
09 July 2020 17:00
Price:  
By registering for this course you have accepted the terms and conditions
Training ticket cost:  
9.00
CPD hours:  
7.00
Speaker details
First nameLast name
Damian E O'Neill

Description

Product type:  
CPD course
Category:  
Strategic finance and management reporting, Technology and data

Who should attend

This course is aimed at those who have an intermediate level of Excel, or above, and are now interested in developing their skills further to enable them to create, develop and effectively use financial modelling skills and analysis to add more value in their roles. The course will be of particular relevance to those working in, or seeking to move into, the area of financial planning and analysis, business partnering and related areas.

Course overview

  • Model Design and Pitfalls - Key variables and rules
  • End result of the model and the layout in designing an error-free financial models
  • Building the Model - Sales, Cost of Sales, Payroll, Overheads, Fixed Assets, Working Capital
  • Key report generation (P&L, balance sheet, cash flow) from linked sheets
  • Compilation of operational KPI's including graphical representation where appropriate
  • Key reporting dashboard
  • The use of Scenario Manager
  • Scenario reporting from model built per above
  • Adding, editing and deleting scenarios?

Key learning outcomes

By the end of this course, participants will be able to:

  • Gain an overview of the modelling process, including the pitfalls, as well as gains
  • Learn skills to build your own model (from course guidelines) bringing the whole process together
  • Obtain insights into using Analysis data to input into modelling

Speaker bio

Professional Training is a group of experienced specialists providing focused training in IT and Management skills. Our trainers use a combination of tailored, flexible approaches and real-life business knowledge to develop and provide techniques and solutions for immediate implementation by our course participants. We have delivered a range of CPD programmes with Chartered Accountants Ireland since 1997.