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Model Design and Audit

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Model Design and Audit Workshop, (One Day)

What's it about?

Spreadsheets are used in many different areas, such as investment appraisal, capital planning, budgeting, valuation, financial analysis and forecasting. In short banks rely on the information to run their business.

But sometimes it isn't right.

One reason can be that the spreadsheet model is simply not robust.

This course is designed for those who would like to effectively utilise the powerful features of Excel without falling into the common traps.

The course will explore the use of Excel as an audit and analysis tool, as well as selected features that help prepare accurate reports and work papers.

The programme is taught using formal lectures combined with practical and interactive case studies and exercises to reinforce the concepts covered in each teaching session.

Emphasis is placed on delegates gaining practical, hands-on experience of the design and auditing of financial models in Excel.

Comprehensive product notes and modelling software will be provided for future reference.  

Delegates also receive a full pack of templates for future reference.

You will learn how to construct and audit models from templates including:

  • The principles of spreadsheet best practice
  • The objectives governing model design and construction
  • The structured methodology for different types of models
  • How to design accurate models
  • The techniques for efficient model construction and robustness
  • A range of auditing techniques
  • The tools for auditing and testing models to ensure accuracy
  • How to apply auditing techniques

Course requirements: delegates will be expected to have finance knowledge and a working knowledge of Excel.

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