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Business decisions are increasingly made based on a business model or financial model built in Excel or Access. Financial modelling.net
. aims to help you build better models. By following some simple best practice principles you can improve the flexibility and reliability of your models.. I don't try to sell you financial modelling services on this website (for that visit my consulting business numeritas), but to provide hints, tips and examples which I hope you will find useful in your own modelling.
Visit the modelling discusion group to ask questions, discuss techniques or show off your own expertise. Register to enter and you will find new hints and tips added regularly.
What kind of financial modelling?
Many books and websites about financial modelling refer to options and derivatives and other financial mathematics, but not here.
This site is devoted to the type of financial model built every day in banks and corporates, where a Profit and Loss (or Income Statement), Cash flow and Balance Sheet are required outputs.
Read my article published in Financial Management Magazine in June 2003.
For the basics of building robust financial models go to best practice, which includes details on balance sheets, keeping inputs separate (including no hard coded numbers) and building single formulae for a whole row -why and how. You can also download some examples.
If you are looking for advice on analytical techniques or resources to help, such as software, books etc, this is the place to look.
If you have ideas for things you would like to see here, please email suggestions@financialmodelling.net
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