This course is suitable for users of excel or other spreadsheet software. The course aims at equipping participants with the analytical skills in the areas of finance, accounting, management, and procurement. The course is intended to enhance the Excel modeling and analytical skills of finance professionals for predicting, analysis, and presentation of business and financial data/information.

COURSE OBJECTIVES

• Using Excel to create professional charts
• Understand the principles of accounting and bookkeeping
• Build the financial statements of an organization
• Understand the importance of timing in relation to cost and revenue recognition
• Analyze financial statements
• Calculate liquidity, solvency, growth ratios, and profitability
• Assess project feasibility
• Calculate a loan schedule
• Differentiate between variable and fixed interest rates
• Carry out industry analysis
• Understand company’s value drives
• Business analysis

DURATION

10 days

WHO SHOULD ATTEND

This course targets financial officers, analysts, and portfolio managers who want to learn about valuation and gain skills relevant in making financial decisions.

COURSE OUTLINE

Financial Modeling

• Flexibility, accuracy, and User-friendliness
• Structural standards
• Circular errors, the #REF! problem and Iteration
• Factual, rational and Structural checks
• Proofreading and Model Stress Testing

Functions of Financial Modeling

• Counting and summing functions- SUM; SUMIF; SUMPRODUCT; COUNT; COUNTA; COUNTBLANK; COUNTIF and IF functions- ROUND; ROUNDUP; ROUNDDOWN; CEILING; FLOOR; INT; TRUNC; MOD
• HLOOKUP; VLOOKUP
• Discounting on uneven periods: NPV; XNPV; IRP; XIRP
• Validation of data; Text to column
• Pivot tables, what if analysis and data tables
• Scenario and sensitivity analysis

Modeling for Financial and Operational Planning

• Repayment of debt
• Seniority of debt obligations modeling
• Book and tax depreciation and modeling deferred tax
• Liability/asset
• Asset sales modeling

Credit Perspective

• Capital structure
• Leverage ratios
• Interest coverage
• Working capital
• Operating results
• Liquidity ratios

Capital Structures Analysis

• Debt existing
• Bank Revolver
• Long-Term Debt
• Preferred Stock
• Book Capitalization
• Total Debt
• Book Equity
• Base of Borrowing
• Debt Revolver

Cost of Capital Modeling

Valuation Models using Discounted Cash Flow Analysis

• Firms’ free cash flow
• Free cash flow to equity
• Single stage and multi stage models
• Financial analysis principles using VPN, IRP, PBP and other measures
• Analysis of discounted cash flow
• Relative valuation
• Hybrid of relative evaluation and DCF
• Reality check on results

Modeling for Corporate Finance Transaction

Evaluation of Newly Built Financial Model

• Objectives
• Hypothesis
• Logical flow
• Key inputs
• Inputs interrelationships
• Outcome expected

• Factual, rational, and structural checks

GENERAL NOTES

• This course is delivered by our seasoned trainers who have vast experience as expert professionals in the respective fields of practice. The course is taught through a mix of practical activities, theory, group works and case studies.
• Training manuals and additional reference materials are provided to the participants.
• Upon successful completion of this course, participants will be issued with a certificate.