“The habit of beginning a process of construction with a clear understanding of the end product can be highly beneficial when building financial models”
The article below is taken from our new ebook: Managing Modelling – How to run an effective modelling team – you can download the full ebook here. Modelling should be a collaborative team-based activity, not an individual activity. Building team spirit and a collaborative environment is fundamental to the role of a financial modelling manager…. Read more →
The stories which have attracted uncomfortable publicity are only the tip of the iceberg
Building financial models is an inherently difficult and complex task. Most guidance on managing the model build process recommends a traditional life-cycle approach of Specify, Design, Develop, Test, Deploy. When applied to most financial modelling assignments this approach doesn’t work. It is too inflexible and relies on being able to fully specify the model at… Read more →
The deal was done many months ago, the sipping of champagne at financial close and the after deal party feel a very very long time ago. The financial advisors were long ago paid and disappeared off into the sunset. But for some in the project finance world, that is not the end. It is just… Read more →
We’ve designed FAST Fundamentals for those who have completed our free “31 days to better financial modelling” online course and are looking for their next step.
In “Beyond the FAST Standard: adventures in enterprise reporting and analysis”, Kevin and Andrew will explore with you what it is like to break the rules but retain the spirit and the philosophy of a modelling standard.
I would prefer to use the XIRR function since it matches cashflows with actual dates
This week we move on to the twin brother of NPV – The Internal Rate of Return or IRR.