Financial Analysts, Investment & Evaluation Professionals, Business Development Planners, Mergers & Acquisitions Specialists, Accountants, Valuation Professionals

Beginner-to-Intermediate

Financial Statement Modeling and Analysis with Excel and @RISK 5.0 demonstrates how financial models guide commercial discussions. Participants will learn how to negotiate off the financial model.

This course will utilize a Discounted Cash Flow ("DCF") pro forma approach derived from a full suite of financial statements: 1) Income Statement, 2) Statement of Retained Earnings, 3) Balance Sheet and, 4) Statement of Cash Flow. Participants use "hot keys" and page-setup techniques to build a fully integrated pro forma DCF model from a list of assumptions. The "mouseless" Excel techniques employed dramatically reduce model coding time. Next, delegates learn how to integrate all financial statements to produce a correctly balanced Balance Sheet, without circularities. The class will use this model as a guide to review commercial issues, negotiate strategies and analyze financial ratios.

Finally, by employing Palisade's @RISK software, the course demonstrates the power of Monte Carlo simulation analysis, creating a dynamic decision-making tool and elevating beyond simple static input and output spreadsheets. This course is indispensable to the effective use of financial spreadsheets for any industry or sector. (NB: A working knowledge of financial accounting is helpful but not essential.)

This course takes a practical "learn by doing" modular approach. The course structure for each module follows a four-step pattern: 1) teaching of the material, 2) spreadsheet exercise, 3) review of the exercise; then, 4) follow-up with a question and answer session. Each successive module builds upon the previous exercise. Each participant will be given problem and answer files to insure course fluidity for every student's level.

This course will use methodologies to:

• Learn efficient modeling for specific financial analysis
• Build financial models to guide negotiations and decision-making
• Apply Excel shortcuts and hot keys to get you off the mouse
• Learn effective auditing techniques on existing models
• Engage in commercial discussions with actual project developer/financial advisor
• Enhance spreadsheet analysis, presentation and negotiations with @RISK 5.0

(NB: A working knowledge of financial accounting is helpful but not essential. A precourse packet will be sent to give an overview to some basic accounting principles.)

Part 1 - Introduction to Excel
Part 2 - Introduction to Financial Statements
Part 3 - Introduction of a Pro Forma Model
Part 4 - Purchase versus Lease
Part 5 - Operational Worksheets
Part 6 - Debt
Part 7 - Coding Full Financial Statements
Part 8 - Discussion on Valuation
Part 9 - Discounted Cash-Flow Modeling
Part 10 - Using the Model to Price the Asset
Part 11 - Monte Carlo Simulation Using Palisade's @RISK 5.0

Vair Training courses are held at world-class international venues. Registration fees include morning coffee/tea, networking lunches and afternoon refreshments. Course materials are provided electronically on-site. Detailed venue descriptions, times and logistics are included with post-registration materials and documents.