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Building Financial Models, Chapter 15 - Forecasting Guidelines

Author : John Tjia

Publisher : McGraw Hill Professional

Page : 14 pages

File Size : 27,19 MB

Release : 2009-05-27

Category : Technology & Engineering

ISBN : 0071736700

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Book Description

This chapter is from Building Financial Models, widely acclaimed by accounting and finance professionals for its insight into determining a company’s current value and projecting its future performance. Building on this tradition, the updated and expanded Second Edition helps readers develop a financial model, complete with entirely new material on discounted cash flow (DCF) modeling. Professionals will find this guide invaluable for both its practical, step-by-step approach to creating a core model and its broad coverage of model mechanics and foundational accounting and finance concepts.



Building Financial Models

Author : John S. Tjia

Publisher : McGraw Hill Professional

Page : 466 pages

File Size : 34,76 MB

Release : 2009-04-12

Category : Business & Economics

ISBN : 0071608907

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Book Description

The ability to effectively create and interpret financial models is one of the most valued skills in corporate finance--from Wall Street to Main Street. Now, the acclaimed guide to designing, building, and implementing valuation projection models is fully revised and expanded to keep finance and accounting professionals competitive in today's marketplace. This second edition of Building Financial Models continues the tradition of its predecessor by providing a hands-on approach to creating a core model that is supported by broad coverage of cornerstone accounting and finance principles. Additionally, this updated volume features: Entirely new coverage of discounted cash flow (DCF) modeling Excel formulas for making powerful calculations within the spreadsheet In-depth explanations of both the principles and mechanics of projection models Building Financial Models helps readers practice good thinking and apply sound knowledge of their tools--two key attributes to producing robust and easy-to-use models. This practical guide takes you step by step through the entire process of developing a projection model, with a full chapter dedicated to each phase. By the end, you will have a working, dynamic spreadsheet financial model for making projections for industrial and manufacturing companies. Furthermore, this Second Edition provides the vocabulary and syntax of model building so you can tailor core models to fit any size company and allow for quick input changes to test sensitivity. The companion website www.buildingfinancialmodel.com offering example spreadsheets will give you a head start on developing your own models. A flexible and successful financial projection model does more than just add numbers--it explains the complex relationships between those numbers and illuminates ways to use those associations to add value to an enterprise. Building Financial Models is the only book you need to create and implement a fluid financial projection model that is both state of the art and user friendly.



Building Financial Models

Author : John S. Tjia

Publisher : McGraw Hill Professional

Page : 354 pages

File Size : 38,64 MB

Release : 2004-01-10

Category : Business & Economics

ISBN : 0071442820

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Book Description

Financial modeling is essential for determining a company's current value and projecting its future performance, yet few books explain how to build models for accurately interpreting financial statements. Building Financial Models is the first book to correct this oversight, unveiling a step-by-step process for creating a core model and then customizing it for companies in virtually any industry. Covering every aspect of building a financial model, it provides a broad understanding of the actual mechanics of models, as well as their foundational accounting and finance concepts.



Building Financial Models, Third Edition: The Complete Guide to Designing, Building, and Applying Projection Models

Author : John S. Tjia

Publisher : McGraw Hill Professional

Page : 432 pages

File Size : 46,72 MB

Release : 2018-04-27

Category : Business & Economics

ISBN : 126010883X

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Book Description

The go-to-guide for building projection models for financial analysis and valuation—updated with new content and materials Building Financial Models is considered the best guide to designing and building financial models for use in a wide variety of finance roles. This third edition of the popular resource features updated content, new materials, and a more accessible instructional layout supported by all new exercise files available to readers from a companion website. As with previous editions, the book offers a hands-on approach for creating a core model that is supported by broad coverage of cornerstone accounting and finance principles. The author, a seasoned developer and trainer with over 25 years’ experience developing financial models, takes you step by step through the entire process of developing a projection model. From the basics of accounting and Excel to the final “tips and tricks” for a completed model, you will be led assuredly through the steps of building an integrated financial statement model, one that can serve as the core for transactions or analysis in the LBO, M&A, business valuation model, or credit underwriting space. ●NEW: Updates on the latest Microsoft Excel shortcuts, functions, accounting concepts and modeling techniques●NEW: “Tips and tricks” on how to make your final model product both user-friendly and solidly built●NEW: Additional materials on valuation analysis and sections on scenarios and sensitivity analysis through the use of Data Tables●Online access to sample models you can download, and more



Financial Forecasting, Analysis, and Modelling

Author : Michael Samonas

Publisher : John Wiley & Sons

Page : 242 pages

File Size : 36,12 MB

Release : 2015-01-20

Category : Business & Economics

ISBN : 1118921097

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Book Description

Risk analysis has become critical to modern financial planning Financial Forecasting, Analysis and Modelling provides a complete framework of long-term financial forecasts in a practical and accessible way, helping finance professionals include uncertainty in their planning and budgeting process. With thorough coverage of financial statement simulation models and clear, concise implementation instruction, this book guides readers step-by-step through the entire projection plan development process. Readers learn the tools, techniques, and special considerations that increase accuracy and smooth the workflow, and develop a more robust analysis process that improves financial strategy. The companion website provides a complete operational model that can be customised to develop financial projections or a range of other key financial measures, giving readers an immediately-applicable tool to facilitate effective decision-making. In the aftermath of the recent financial crisis, the need for experienced financial modelling professionals has steadily increased as organisations rush to adjust to economic volatility and uncertainty. This book provides the deeper level of understanding needed to develop stronger financial planning, with techniques tailored to real-life situations. Develop long-term projection plans using Excel Use appropriate models to develop a more proactive strategy Apply risk and uncertainty projections more accurately Master the Excel Scenario Manager, Sensitivity Analysis, Monte Carlo Simulation, and more Risk plays a larger role in financial planning than ever before, and possible outcomes must be measured before decisions are made. Uncertainty has become a critical component in financial planning, and accuracy demands it be used appropriately. With special focus on uncertainty in modelling and planning, Financial Forecasting, Analysis and Modelling is a comprehensive guide to the mechanics of modern finance.



Economic and Business Forecasting

Author : John E. Silvia

Publisher : John Wiley & Sons

Page : 400 pages

File Size : 33,59 MB

Release : 2014-03-10

Category : Business & Economics

ISBN : 1118569547

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Book Description

Discover the secrets to applying simple econometric techniques to improve forecasting Equipping analysts, practitioners, and graduate students with a statistical framework to make effective decisions based on the application of simple economic and statistical methods, Economic and Business Forecasting offers a comprehensive and practical approach to quantifying and accurate forecasting of key variables. Using simple econometric techniques, author John E. Silvia focuses on a select set of major economic and financial variables, revealing how to optimally use statistical software as a template to apply to your own variables of interest. Presents the economic and financial variables that offer unique insights into economic performance Highlights the econometric techniques that can be used to characterize variables Explores the application of SAS software, complete with simple explanations of SAS-code and output Identifies key econometric issues with practical solutions to those problems Presenting the "ten commandments" for economic and business forecasting, this book provides you with a practical forecasting framework you can use for important everyday business applications.



Financial Modeling

Author : Simon Benninga

Publisher : MIT Press

Page : 648 pages

File Size : 32,97 MB

Release : 2000

Category : Business & Economics

ISBN : 9780262024822

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Book Description

Too often, finance courses stop short of making a connection between textbook finance and the problems of real-world business. "Financial Modeling" bridges this gap between theory and practice by providing a nuts-and-bolts guide to solving common financial problems with spreadsheets. The CD-ROM contains Excel* worksheets and solutions to end-of-chapter exercises. 634 illustrations.



Finance

Author : Fouad Sabry

Publisher : One Billion Knowledgeable

Page : 362 pages

File Size : 40,57 MB

Release : 2024-02-11

Category : Business & Economics

ISBN :

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Book Description

What is Finance Finance is the study and discipline of money, currency and capital assets. It is related to and distinct from Economics which is the study of production, distribution, and consumption of goods and services. The discipline of Financial Economics bridges the two fields. Based on the scope of financial activities in financial systems, the discipline can be divided into personal, corporate, and public finance. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Finance Chapter 2: Arbitrage Chapter 3: Long-Term Capital Management Chapter 4: Financial market Chapter 5: Financial economics Chapter 6: Capital asset pricing model Chapter 7: Valuation (finance) Chapter 8: Financial analyst Chapter 9: Portfolio (finance) Chapter 10: Financial risk management Chapter 11: Investment management Chapter 12: Structured product Chapter 13: Financial risk Chapter 14: Financial modeling Chapter 15: Government spending Chapter 16: Portfolio manager Chapter 17: Financial innovation Chapter 18: Quantitative fund Chapter 19: Quantitative analysis (finance) Chapter 20: Mathematical finance Chapter 21: Corporate finance (II) Answering the public top questions about finance. (III) Real world examples for the usage of finance in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Finance.



Forecasting: principles and practice

Author : Rob J Hyndman

Publisher : OTexts

Page : 380 pages

File Size : 46,55 MB

Release : 2018-05-08

Category : Business & Economics

ISBN : 0987507117

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Book Description

Forecasting is required in many situations. Stocking an inventory may require forecasts of demand months in advance. Telecommunication routing requires traffic forecasts a few minutes ahead. Whatever the circumstances or time horizons involved, forecasting is an important aid in effective and efficient planning. This textbook provides a comprehensive introduction to forecasting methods and presents enough information about each method for readers to use them sensibly.



Principles of Financial Modelling

Author : Michael Rees

Publisher : John Wiley & Sons

Page : 546 pages

File Size : 50,79 MB

Release : 2018-03-19

Category : Business & Economics

ISBN : 1118904001

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Book Description

The comprehensive, broadly-applicable, real-world guide to financial modelling Principles of Financial Modelling – Model Design and Best Practices Using Excel and VBAcovers the full spectrum of financial modelling tools and techniques in order to provide practical skills that are grounded in real-world applications. Based on rigorously-tested materials created for consulting projects and for training courses, this book demonstrates how to plan, design and build financial models that are flexible, robust, transparent, and highly applicable to a wide range of planning, forecasting and decision-support contexts. This book integrates theory and practice to provide a high-value resource for anyone wanting to gain a practical understanding of this complex and nuanced topic. Highlights of its content include extensive coverage of: Model design and best practices, including the optimisation of data structures and layout, maximising transparency, balancing complexity with flexibility, dealing with circularity, model audit and error-checking Sensitivity and scenario analysis, simulation, and optimisation Data manipulation and analysis The use and choice of Excel functions and functionality, including advanced functions and those from all categories, as well as of VBA and its key areas of application within financial modelling The companion website provides approximately 235 Excel files (screen-clips of most of which are shown in the text), which demonstrate key principles in modelling, as well as providing many examples of the use of Excel functions and VBA macros. These facilitate learning and have a strong emphasis on practical solutions and direct real-world application. For practical instruction, robust technique and clear presentation, Principles of Financial Modelling is the premier guide to real-world financial modelling from the ground up. It provides clear instruction applicable across sectors, settings and countries, and is presented in a well-structured and highly-developed format that is accessible to people with different backgrounds.