Unashamedly, this book is the book to put you to sleep. Let’s be honest: if you are reading this, you are either seeking a cure for insomnia or seeking out better methods of constructing financial models to avoid working late nights. Whichever way you look at it, this book can assist you with your sleeping patterns. If you have had little formal training in developing financial forecasts in Excel or have ever burnt the midnight oil trying to get a Balance Sheet to balance, then this book is for you. A simple walkthrough of the common perils and pitfalls of financial modelling, this book constructs a solid foundation to build upon (pun most definitely intended). Taking little for granted, Liam examines the common Excel functions and functionalities necessary, emphasises the importance of a standardised and functional layout, explains accounting concepts simply and reinforces the four key concepts of a ?Best Practice” model: Consistency, Robustness, Flexibility and Transparency ? CraFT. With over 50 examples and an extended case study that creates a simple financial model from scratch to highlight the key concepts, this is a ?hands on” book, focused on working with Excel more efficiently and effectively. A simple process, this methodology has been adopted by many seasoned professionals without resorting to balancing figures, circulars and macros. Find out first-hand why the most common feedback is, ?I wish someone had shown me this when I first started modelling”.
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Founder of consulting firm SumProduct, Liam has over 25 years’ experience in corporate finance, accounting, financial analysis and forecasting. An Excel MVP, he specialises in providing practical advice in developing financial models using Excel. As a senior accountant (he is a Fellow of several Institutes), Liam is the author of regular Excel modelling articles for numerous accounting institutes with a base of 750,000+ readers globally. As a professional mathematician, you can trust him, he’s a doctor. Just with a terrible sense of humour.
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