Format
This course will be delivered via Zoom. The Zoom link will be emailed to participants the day before the course is due to take place.
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
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Model Design and Pitfalls - Key variables and rules
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End result of the model and the layout in designing an error-free financial models
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Building the Model - Sales, Cost of Sales, Payroll, Overheads, Fixed Assets, Working Capital
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Key report generation (P&L, balance sheet, cash flow) from linked sheets
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Compilation of operational KPI's including graphical representation where appropriate
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Key reporting dashboard
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The use of Scenario Manager
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Scenario reporting from model built per above
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Adding, editing and deleting scenarios
Key learning outcomes
By the end of this course, participants will be able to:
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Gain an overview of the modelling process, including the pitfalls, as well as gains
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Learn skills to build your own model (from course guidelines) bringing the whole process together
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Obtain insights into using Analysis data to input into modelling
All participants should please note the following
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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.
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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.
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Windows 10/11. We prepare the files and deliver the course using Windows 10/11. 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.
Key Event Details:
Location: IT Course - Online
Time: 9:30am - 4:30pm
CPD Credit: 8 hours
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