In this webinar, we will explore the key principles behind effective financial modelling and why following best practices is essential for creating models that are accurate, transparent, and easy to maintain. We will cover the most important financial modelling practices, including:
- Designing an effective model structure
- Creating simple, consistent and flexible formulas (including avoiding hardcoded values)
- Documenting assumptions, sources and units clearly
- Using timelines effectively
- Building efficient links between worksheets and calculations
- Structuring calculation blocks for clarity and functionality
- Maintaining consistent worksheet and column layouts
- Understanding the appropriate use of hidden cells, macros and other modelling tools
To bring these concepts to life, we will review an example of a model that does not follow best practices, identify the key issues, and compare it with a professionally structured model that demonstrates industry standards.
By the end of the session, attendees will have a clearer understanding of what makes a financial model robust, efficient and professional, and how they can apply these principles to improve their own modelling approach.
