This book will enable you to learn financial modeling techniques and best practices, leveraging Excel to build accurate, efficient models for business and finance professionals.
Key Features- Essential Excel functions and tools tailored for financial modeling applications
- Methodologies for layout design, error prevention, and model transparency practices
- Insights into ratio analysis, self-review processes, and ensuring model accuracy
Book DescriptionThis book serves as a comprehensive guide to financial modeling, equipping readers with the skills and knowledge to create accurate, reliable models for analysis and decision-making. Designed for professionals, students, and finance enthusiasts, it bridges theoretical principles with practical Excel-based techniques, ensuring a balanced and thorough understanding of the subject. Key Excel functions such as SUMPRODUCT, INDEX and MATCH, and LOOKUP are covered in depth, alongside essential tools like conditional formatting, data validation, and solver. The book emphasizes best practices in layout design, error checking, and model transparency, helping users build robust and easy-to-follow financial models. Practical methodologies for time-series analysis, control accounts, and financial statement theory are explored, making it a versatile resource. The step-by-step model-building example guides readers through structuring, linking, and finalizing financial statements, including revenue, expenditure, taxation, and cash flow. Ratio analysis and self-review techniques are also discussed to ensure model accuracy and integrity. This detailed yet accessible guide empowers readers to create professional financial models with confidence and clarity.What you will learn- Master Excel functions like SUMIF, OFFSET, and INDEX
- Understand best practices in financial modelling
- Create structured templates for financial models
- Conduct time series analysis and error checks
- Design linked financial statements and cash flows
- Perform ratio analysis for performance review
Who this book is forThis book is ideal for finance professionals, analysts, students, and business managers. A basic understanding of Excel is required, while knowledge of financial principles is recommended but not mandatory.
