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Hands-On Financial Modeling with Excel for Microsoft 365

You're reading from   Hands-On Financial Modeling with Excel for Microsoft 365 Build your own practical financial models for effective forecasting, valuation, trading, and growth analysis

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Product type Paperback
Published in Jun 2022
Publisher Packt
ISBN-13 9781803231143
Length 346 pages
Edition 2nd Edition
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Author (1):
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Shmuel Oluwa Shmuel Oluwa
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Shmuel Oluwa
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Table of Contents (19) Chapters Close

Preface 1. Part 1 – Financial Modeling Overview
2. Chapter 1: An Introduction to Financial Modeling and Excel FREE CHAPTER 3. Chapter 2: Steps for Building a Financial Model 4. Part 2 – The Use of Excel Features and Functions for Financial Modeling
5. Chapter 3: Formulas and Functions – Completing Modeling Tasks with a Single Formula 6. Chapter 4: Referencing Framework in Excel 7. Chapter 5: An Introduction to Power Query 8. Part 3 – Building an Integrated 3-Statement Financial Model with Valuation by DCF
9. Chapter 6: Understanding Project and Building Assumptions 10. Chapter 7: Asset and Debt Schedules 11. Chapter 8: Preparing a Cash Flow Statement 12. Chapter 9: Ratio Analysis 13. Chapter 10: Valuation 14. Chapter 11: Model Testing for Reasonableness and Accuracy 15. Part 4 – Case Study
16. Chapter 12: Case Study 1 – Building a Model to Extract a Balance Sheet and Profit and Loss from a Trial Balance 17. Chapter 13: Case Study 2 – Creating a Model for Capital Budgeting 18. Other Books You May Enjoy

Troubleshooting

The first step is to check the accuracy of your cash flow statement. Since the historical years will already have a cash or overdraft balance, you can check your cash flow and cash balances for those years against the balance sheet cash.

If the balances do not agree, you will need to check your cash flow entries again:

  1. First of all, check your totals for any casting errors.
  2. Next, determine what the difference is and divide by two. Look through your cash flow to see whether there is an amount equal to this figure. This test checks to see whether you have wrongly posted a figure as negative instead of positive, or vice versa.
  3. Scan through the balance sheet and P&L account for an amount equal to the whole difference calculated in Step 1. This test checks to see whether you have omitted an amount from the cash flow.
  4. Scan through the balance sheet and P&L account to see whether there are any accounts or balances that have not been accounted...
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