{"id":8714,"date":"2015-03-11T23:49:01","date_gmt":"2015-03-11T23:49:01","guid":{"rendered":"https:\/\/www.financial-fluency.co.uk\/?page_id=8714"},"modified":"2022-06-29T15:18:58","modified_gmt":"2022-06-29T14:18:58","slug":"introduction-to-financial-modelling","status":"publish","type":"page","link":"https:\/\/www.financial-fluency.co.uk\/online-learning\/financial-modelling\/introduction-to-financial-modelling\/","title":{"rendered":"Introduction to Financial Modelling"},"content":{"rendered":"

Online Course on \"Introduction
\nIntroduction to Financial Modelling<\/h2>\n

This is course number one in a series of four courses.<\/em><\/p>\n

Financial Models (when done well) are powerful tools that can be used to help organisations make good business decisions. However, building robust and relevant financial models is not always easy.<\/p>\n

This online training course in financial modelling provides a solid introduction to financial modelling. The course explores why and how models are used by businesses and how the standards (FAST) that exist can ensure that the financial models you develop work for your businesses.<\/p>\n

This course also looks in detail at:
\n\u2022 how financial models are set-up
\n\u2022 how concept diagrams can be useful and
\n\u2022 the different considerations that feed into building calculations.\"buy<\/a><\/p>\n

Understanding Introduction to Financial Modelling
\nenables the learner to:<\/h3>\n

\"Learn
\n\u2022 Understand what constitutes a financial model, why businesses use models and some of the inherent limitations
\n\u2022 Recognise what standards are, why they are used and examples of commonly accepted standards
\n\u2022 Establish how to set up and structure input sheets, working sheets and output sheets
\n\u2022 Understand how to make concept diagrams
\n\u2022 Learn the best practice calculation block structure and key excel functions that are commonly used<\/p>\n

\n\n\n\n\n\n\n\n\n
Rating: \"5<\/td>\n100% rated this course as excellent<\/td>\n<\/tr>\n
Reviews:<\/td>\n<\/tr>\n
\n

“Very clear, and installed a lot of confidence and gave me a great starting point.”<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

“More than met my objectives – very comprehensive, great to have some guidelines and standards for modelling.”<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

“The course showed me that I should bear in mind the FAST guidance in all my work so that it is easier to review and understand. It also provided me with more confidence in tackling new models.”<\/span><\/p>\n<\/td>\n<\/tr>\n

You can review this course using the questionnaire in the course completion area.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

Learning outcomes of Introduction to Financial Modelling<\/h3>\n

What is a Financial Model?<\/strong>
\n\u2022 What is a financial model?
\n\u2022 Why do businesses use models?
\n\u2022 How do we do financial modelling?
\n\u2022 What do we use models for?
\n\u2022 What skills do I need to do financial modelling?
\n\u2022 Where can things go wrong?
\n\"Intro<\/a><\/p>\n

Standards<\/strong>
\n\u2022 What are standards?
\n\u2022 Why do we use standards?
\n\u2022 When should I use a standard?
\n\u2022 Why is FAST significant?
\n\u2022 What are the key characteristics of FAST?
\n\"Intro<\/a><\/p>\n

Setting up a Model<\/strong>
\n\u2022 How do I set up a model?
\n\u2022 Why have a standard structure for each model?
\n\u2022 What goes on the input sheet?
\n\u2022 What goes on the working sheet?
\n\u2022 What goes on the output sheet?
\n\u2022 What is the standard recommended format for each sheet?
\n\"Intro<\/a><\/p>\n

Concepts Diagrams<\/strong>
\n\u2022 What are concept diagrams?
\n\u2022 Why use concept diagrams?
\n\u2022 What am I trying to model?
\n\u2022 When should I use concept diagrams?
\n\u2022 How are concept diagrams used?
\n\"Intro<\/a><\/p>\n

Building a Calculation<\/strong>
\n\u2022 What are we trying to model?
\n\u2022 What are the ingredients?
\n\u2022 How shall I lay out the calculation block?
\n\u2022 What are the operators I could use?
\n\u2022 What functions are commonly used in financial modelling?
\n\u2022 What Excel shortcuts can I use?
\n\u2022 What other FAST principles should I use to build the block?
\n\u2022 How can I produce a graph to show the balance?
\n\"Intro<\/a><\/p>\n

Target audience for Introduction to Financial Modelling<\/h3>\n

Accounting and finance professionals in practice and in industry.<\/p>\n

About the author of Introduction to Financial Modelling<\/h3>\n

\"GrantGrant Thornton UK LLP specialise in developing, building and reviewing financial models for clients.<\/p>\n

Grant Thornton is one of the world’s leading organisations of independent assurance, tax and advisory firms. Over 38,500 Grant Thornton people, across 120 countries, are focused on making a difference to clients, colleagues and the communities in which they live and work.<\/p>\n

Flexible learning<\/h3>\n

Learners take their own route through the topics covered in the course. They will learn at their own pace through a variety of activities designed to accommodate a range of learning styles.<\/p>\n

You might also be interested in<\/h3>\n

Financial Control in SMEs<\/a>
\nMaking Budgeting Work in the Real World<\/a>
\nAlternative Finance<\/a><\/p>\n

Please review our Frequently Answers Questions<\/a> (FAQs) for answers to the most common questions we receive (opens in a new window).<\/p>\n

\"\"<\/a><\/p>\n

<\/a><\/p>\n

\"4\"Financial
\n 
\nUse promo code FF101<\/strong><\/font> at checkout to receive the Financial Fluency special price<\/em>
\nUse promo code FF20<\/strong><\/span> at checkout to receive \u00a3100 discount on 5 or more courses<\/em><\/p>\n <\/p>\r\n

<\/a>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Online Course on Introduction to Financial Modelling This is course number one in a series of four courses. Financial Models (when done well) are powerful tools that can be used to help organisations make good business decisions. However, building robust and relevant financial models is not always easy. This online training course in financial modelling […]<\/p>\n","protected":false},"author":15,"featured_media":0,"parent":9292,"menu_order":0,"comment_status":"closed","ping_status":"open","template":"pagetemplate2.php","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.financial-fluency.co.uk\/wp-json\/wp\/v2\/pages\/8714"}],"collection":[{"href":"https:\/\/www.financial-fluency.co.uk\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.financial-fluency.co.uk\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.financial-fluency.co.uk\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.financial-fluency.co.uk\/wp-json\/wp\/v2\/comments?post=8714"}],"version-history":[{"count":20,"href":"https:\/\/www.financial-fluency.co.uk\/wp-json\/wp\/v2\/pages\/8714\/revisions"}],"predecessor-version":[{"id":18958,"href":"https:\/\/www.financial-fluency.co.uk\/wp-json\/wp\/v2\/pages\/8714\/revisions\/18958"}],"up":[{"embeddable":true,"href":"https:\/\/www.financial-fluency.co.uk\/wp-json\/wp\/v2\/pages\/9292"}],"wp:attachment":[{"href":"https:\/\/www.financial-fluency.co.uk\/wp-json\/wp\/v2\/media?parent=8714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}