REGISTER HERE COURSE BRIEF PREREQUISITES WHO SHOULD ATTEND? TEACHING METHOD

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1 Financial Modelling in MS Excel Nairobi, Kenya 5 th - 7 th December, 2018

2 COURSE BRIEF This training aims at improving the financial modelling capabili es of the par cipants so as to enable them accurately forecast financial statements and subsequently the performance of various firms. The training will be implemented in MS Excel, which is by far the most popular spreadsheet program and has become the world standard spreadsheet applica on. PREREQUISITES In order to clarify your learning objec ves and ensure you get the most out of this training, you will need to complete a Pre Course Ques onnaire sta ng your knowledge of the subject, level of experience and other relevant issues. The course leader will analyze your form to ensure that the course covers your needs accordingly WHO SHOULD ATTEND? Auditors Risk Analysts Financial Analysts Financial Accountants Business Development Managers User department heads and supervisors Anyone interested in Financial Modelling TEACHING METHOD Group instruc on in a workshop format Simulated company financial models Extensive use of real world examples Interac ve par cipa on is encouraged All par cipants receive a comprehensive binder containing copies of the presenta on slides, handouts and other course materials Cost: $ 500 EX VAT

3 COURSE CONTENT Sec on 1: Microso Excel Founda ons 1.1 Logical Func ons Math and rounding func ons IF func on AND func on OR func on 1.2 Lookup and Reference Func ons CHOOSE func on VLOOKUP func on HLOOKUP func on OFFSET func on INDEX func on MATCH func on 1.3 Working with Text and Dates Working with dates and using date func ons CONCATENATE func on TEXT func on 1.4 Sensi vity Analysis Running sensi vity analysis with drop down menus or Data Valida on tools 1.5 Circular references Understanding model circularity and why some professionals use it and others don t Loca ng and managing circular references Elimina ng non inten onal circular references Formula error checking 1.6 Prin ng and Forma ng Crea ng dynamic headings and footnotes in a model Se ng print area and print tles Sec on 2: Accoun ng Founda ons 2.1 Accoun ng Fundamentals Structuring of the financial statements Income statement Cash flow statement Balance sheet Key links between the financial statements Business transac ons reflected in the financial statements

4 Sec on 3: Financial Modeling Founda ons 3.1 Financial Modeling Fundamentals Using keyboard shortcuts Working with key modeling formulas and structures Iden fying relevant informa on in financial statements, management discussion & analysis and notes Developing reasonable assump ons Crea ng the ability to run different scenarios Incorpora ng good modeling standards Building models with different styles and layouts Clean model design, easy to follow electronically or if printed 3.2 Opera ng and Financial Schedules Building a detailed revenue forecast based on price per unit and number of units sold Ensuring business is not opera ng at greater than capacity Analysing and making reasonable projec ons for opera ng costs including fixed and variable costs Fixed assets schedule includes capital expenditure and deprecia on Intangible assets Working capital schedule Income tax schedule showing the difference between accoun ng and taxable income which gives rise to deferred tax items 3.3 Capital Structure Modeling Modeling a detailed debt schedule Incorporate different types of debt including senior secured term debt and a revolving credit facility Include a cash sweep on certain types of debt Calcula ng interest on cash and debt balances Modeling Common Stock, Addi onal Paid in Capital and Preferred Stock accounts Incorpora ng dividends, share issues and repurchases Understanding differences between authorized, issued, and outstanding shares Calcula ng coverage and leverage ra os 3.4 Three Statement Modeling Building 3 statement projec ons Construc ng the income statement, cash flow statement and balance sheet 3.5 Integrity and Error Checking Troubleshoo ng techniques for finding errors Finding uniden fied hard codes quickly and easily Using Excel to show the formulas underlying output Using Excel to find inconsistencies in the model Using Excel s audi ng tool to trace formulas Performing audit trails Sec on 4: Valua on 4.1 Understanding and applying the various methods of Valua on

5 ABOUT AFRICA RISK INSTITUTE Africa Risk Ins tute is a professional services firm majoring in financial advisory, training and placement services for individuals and corporates across Africa. See more details on Africa Risk Ins tute in the fact sheet below.

6 CONTACT US Esther: Claire: tute.com