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Financial Models

Financial modeling is a process usually done in a spreadsheet to estimate the financial performance of a company in part or full. A simple example of a model is a financial calculator for example mortgage calculator. It can get sophisticated as well when applied to risk, for example, Monte Carlo Simulations. However, the same concepts can also be applied to our usual reports such as Financial Statements and Budgets.

Gap Analysis

The questions below are for self-assessment.

  1. Automation – Are your reports, whether historical or predictive automated?
  2. Manual – Do you do your reports manually by recycling the report for last month “Save As” and then start calibrating figures for last month?
  3. Cascading – Do your monthly reports feed into the quarterly or do you do monthly and quarterly reports separately?
  4. HandOver – Can you easily hand over your work to a colleague when away on leave?
  5. Overtime – Do you work overtime on the same reports every month or periodically?
  6. Budgeting – Do you spend more than a month budgeting?
  7. Regulators – When asked for a report by regulators, do you start creating a report from scratch?

If you have gone through the seven (7) points above. You now know if you need a model.

Models Developed

Financial Statements | Financial Simulations | Budgeting Model |Customer Management | Throughput Analysis | Pricing Model | Fleet Management | Account Status | Livestock Valuation | Reconciliation | Consolidation

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