Building Effective Financial Models: A Practical Approach


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:  
Virtual Classroom, , Online
Start date & time:  
27 May 2021 09:30
End date & time:  
27 May 2021 16:30
By registering for this course you have accepted the terms and conditions
Training ticket cost:  
12.00 Training Tickets accepted
CPD hours:  
Speaker details
First nameLast name
Professional Training


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


This course will be delivered via Zoom.

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

All participants should please note the following

  • Test session. WIf you would like to test your connection and setup prior to your course, please contact or 016627700 and we will arrange this with you.
  • Two monitors. Having two monitors is very strongly recommended for this training. It allows you to view the trainers PC in one monitor and the application that is the subject of the training in the other. On a single screen it can be difficult to arrange the trainers screen and your own application comfortably. If you only have a single screen please inform the trainer - ideally before the test session - and they can help you to get the best from the training session.
  • Microsoft Office version. We use Microsoft Office 365 Professional. If you are using an older version please be aware that you might not be able to do some of the exercises that are using the latest features.
  • Windows 10. We prepare the files and deliver the course using Windows 10. If you are using a MacBook or other platform please be aware that there can sometimes be incompatibilities and there are certain features that are not available on the Macintosh edition of Microsoft Office 365 Professional. These issues can be identified and resolved during the test session.

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.