Accountants need to present the benefits they bring more directly
Articles and features
In this brief guide we define several techniques and identify what they are best suited to achieve and some traps to avoid.
Use the right indicators for your forecast
Financial models are vital tools in modern business, but are highly susceptible to being ruined by their creators' bad habits. ICAEW decided to turn this situation around by developing a new code of practice.
Forecasting is an essential skill for finance professionals and managers. Business decisions of all kinds depend on effective approaches to looking ahead. This guide outlines the core principles of “Superforecasting” which will help you develop your forecasting skills.
This guide, created exclusively for Business and Management Faculty members, sets out one approach to scenario planning which finance professionals may wish to consider when planning for the future.
This quarterly report discusses the risk and rewards of forecasting and the global issues which may affect your models.
Spreadsheet-based financial models are widely used to support key processes and decision-making in all sizes of business.
This webinar explores how scenario planning can enhance preparedness and enable executive teams to respond rapidly to an ever changing business landscape.
In this webinar, Jonathan Swan looks back at five years of Macpherson and compares and contrasts the approaches used in both the public and private sectors.
Our Excel expert, John Tennent, talks us through the use of Normal distribution curves and Monte Carlo simulation to measure the impact of uncertainty in financial modelling.
Our Excel expert, John Tennent, talks us through the Excel tools to assist with forecasting and trending.
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This book will help you understand financial modeling concepts using Excel, and provides you with an overview of the steps you should follow to build an integrated financial model.
A hands-on guide to using Excel in the business context. Contains step-by-step instructions of how to solve common business problems using financial models, including downloadable Excel templates, a list of shortcuts and tons of practical tips and techniques you can apply straight away. Formerly titled Using Excel for business analysis.
A practical guide to financial modelling, demonstrating how to plan, design and build financial models.
A beginner's guide to financial modeling using Microsoft Excel.
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A look at how the new UK Corporate Insolvency and Governance Act (CIGA) 2020 is likely to impact a business valuation conducted for purposes of insolvency.
Examines whether financial statement information can predict future realized equity volatility incremental to market-based equity volatility forecasts.
Guidance on implementing long-term risk modelling.
This article argues for a hybrid approach to provide accurate forecasts and address the needs of local, regional and global markets.
Financial modelling is an important tool that lets management accountants add value and help move an organisation toward achieving its goals.
An interview with Jerker Denrell, focusing on his research study into the accuracy of financial analysts' forecasts.
A survey by the Association for Financial Professionals has found that companies differ widely in the assumptions built into the financial models they use to evaluate investment opportunities.
The article discusses several techniques companies can use to speed the budgeting process up and make it more effective.