Content areas for workshop on Excel and VBA based Financial Modeling by Nalayiram Subramanian, Chartered Accountant and Certified Information Systems Auditor

1. One Day workshop on Excel Based
Financial Modeling
Target Audience Target Audience
MBAs, Managers at all levels,
Entrepreneurs and Start up Leaders
Independent Directors and
Management Consultants
CAs, CFAs, CMAs, CSs (including semi
qualified)
Finance and Accounting Executives in
KPO / BPO Entities
Finance and Accounting Executives Finance and Accounting Faculty
Equity Research Analysts Investment and Portfolio Consultants
Share Broking Executives Marketing Directors / Consultants
Self Employed Accounting and
Finance Professionals / Consultants
Post Graduate and Research Students
in Accounting, Finance and Banking
Project Consultants Rating Analysts
Financial Analysts Bankers
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2. Resource Person
 Workshop will be conducted by CA Mr.
Nalayiram Subramanian, M.Com., FCA,
CISA (ISACA, USA), a Chartered
Accountant and an Information Systems
Auditor. He specialises in Financial
Research & Analysis, Financial Modeling,
Consulting and Audits.
 He possesses more than a quarter of a
century experience, taking roles such as
a Financial Controller & MIS Head in
Industries with Domestic and MNCs
(including stints abroad), Head of
Finance Faculty in Management &
Professional Education, Resource Person-
Business Valuation, Corporate, Faculty &
Management Development Programs
and as a Statutory, Internal , Information
Systems and Management Auditor.
 He has authored a book,-
“Contemporary Financial
Accounting and Reporting for
Management – a holistic
perspective”, a book that has been
reviewed by all India banks’
association, viz., IBA and The
Corporate India Journal.
http://fintegratedsolutions.com/pub.html
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3. One Day Workshop Program Schedule
Place Date Venue Fees
Chennai June 23 & 25, 2016 To be communicated soon Rs. 5,000 per
participant
Hyderabad July 1 & 2, 2016 To be communicated soon Rs. 6,000 per
participant
Mumbai July 8 & 9, 2016 To be communicated soon Rs. 7,000 per
participant
Pune July 15 & 16, 2016 To be communicated soon Rs. 6,000 per
participant
Bengaluru July 22 & 23, 2016 To be communicated soon Rs. 6,000 per
participant
Payments to be made by Cheque / DD /PO in favour of “SN Corporate Management
Consultants P Ltd.,” G2, Sun Rays Apartments, 25, Jayalakshmipuram 2nd Street,
Nungambakkam, Chennai – 600 034. For NEFT: Bank : IDBI ; A/c No: 0045102000032984 ;
IFSC: IBKL0000045. Please advise us after payment. For Group / Corporate / B’ School /
Faculty / Student participation, 20% concession on the fees payable is available. Fees
include hands on training, material, refreshments and lunch. No ST is payable.
www.fintegratedsolutions.com
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4. Registration
 You may know more about the Agenda and Focus Areas that will
be dealt with in the Workshop, by reading the rest of the slides.
 In case, you need further details, you may let us know, by providing
your contact details in the following link or by e-mailing / calling us.
o http://fintegratedsolutions.com/contact.html
 financialmodelling@fintegratedsolutions.com /
nalayiram@hotmail.com
 +91 81 22 62 4000 / +91 97 90 85 3099
 For registrations, please provide details of participants. Registration
will be confirmed after receipt of payment.
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5. Excel Based Financial
Modeling
-BUILDING FINANCIAL MODELS AND PREPARATION OF PROJECTED
FINANCIAL STATEMENTS
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6. Focus Areas
F01 : Concepts and Terminologies relating to Financial Modeling and
‘Projected Financial Statements’
F02 : Important Concepts relating to application of Advanced MS Excel
and VBA Programing in MS Excel
F03 : Introduction to Case Study on Financial Modeling
F04 : Preparation of Financial Models and Projected Financial Statements in
MS Excel based on the Case Study – Stage I
 Creating a Master / Control Sheet
 Building in Parameters, Thresholds and Constraints
 Identification of Component Models / Schedules
 Determination and Measurement of other elements of Projected
Financial Statements
contd.,
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7. Contd., Focus Areas
F04 : Preparation of Financial Models and Projected Financial Statements in
MS Excel based on the Case Study – Stage II
 Preparation of Revenue, Expense and Profit Models and Projected
Income Statement
 Preparation of Asset and Liability Models and Projected Balance Sheet
 Preparation of Funds Flow Models and Projected Funds Flow Statement
 Preparation of Cash Flow Models and Projected Cash Flow Statement
 BEP Models and Analysis
 Du Pont Modeling and Key Ratios Analysis
 Sensitivity / Scenario Analysis
F05 : Developing a simple menu based VBA - Excel Application
F06 : Preparation of Project Report
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8. F01 : Concepts and terminologies -
Projected Financial Statements and
Financial Modeling
 Meaning of Financial Statements –General Purpose Financial
Statements and Projected Financial Statements and Distinction
between them
 Objectives / Need for Preparation of Projected Financial Statements
 Inter - Relationship between different financial statements
 Key Elements of different financial statements
 Identification of Key Factors / Components
 Assumptions
 Meaning of Financial Models and Steps involved in building
Financial Models
 Characteristics of typical Financial Models
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9. F02 : Advanced MS Excel and VBA
for Excel Concepts
 Fixed vs. Relative referencing
 Naming Ranges and use of ranges in Calculation
 Logical Formulas and Functions
 Excel Macros – Creating and Editing Macros
 Designing Excel Sheet with Controls
 VBA Macros / User Defined Functions
 Other MS Excel / VBA Concepts
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10. F03 : Case Study
Discussion of a case study of setting up an Educational Institution
 Market Research
 Key Activities
 Key Assumptions
 Cost of Project
 Pre-Operation Stage
 Working Capital Determinants
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11. F04 : Preparation of Financial
Models – Designing Control Sheet
 Checklist
 Growth Rates
 Control Values –including Statistical Validation
 Check for extraordinary values
 Check for illogical values
 Formatting and Error Messages
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12. F04 : Preparation of Financial Models –
parameters, thresholds and constraints
 Debtors Turn Over
 Creditors Turn Over
 Inventories Turn Over
 Cash Turn Over
 Other important parameters, thresholds and constraints
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13. F04 : Building up Component
Models
 Cost of Project Models
 Capital Structure Models
 Pre-Operative Expenses Model
 Cap Ex / Depreciation Model
 Working Capital Structure Model
 Revenue Model
 Expenses Model
 Profit Model
 Loan Amortization Model
 Income Tax Model
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14. F04 : Contd., Component Models
 Accounts Receivable Model
 Accounts Payable Model
 Cash and Cash Equivalents Model
 Inventories Model
 Other Current Liabilities and Current Assets Model
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15. F04 : Preparation of Projected Financial
Statements – Income Statement
Link with Component Models
-Revenue Model
-Expenses Model
-Profit Model
-Depreciation Model
-Loan Amortization Model
-Cap Ex / Depreciation Model
-Income Tax Model
Entering Formulas and Functions
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16. F04 : Preparation of Projected Financial
Statements – Projected Balance Sheet
 Statement of Changes in Equity
 Link to Previous Balance Sheet
 Link to Income Statement
 Links to Other Models / Statements
 Entering Formulas and Functions
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17. F04 : Preparation of Projected Financial
Statements - Funds Flow Model
 Link to Balance Sheet
 Links to Other Models / Statements
 Determination of and Classification of Inflows and Outflows of Funds
 Funds from Operating Activities
 Funds from Investing Activities
 Funds from Financing Activities
 Formula to Identify Increase or Decrease in Working Capital
 Validation of Closing Working Capital
 Entering Formulas and Functions
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18. F04 : Preparation of Projected Financial
Statements - Cash Flow Model
 Link to Balance Sheet
 Link to Other Models / Statements
 Determination of and Classification of Inflows and Outflows of Cash
and Cash Equivalents
 Cash and Cash Equivalents from Operating Activities
 Cash and Cash Equivalents from Investing Activities
 Cash and Cash Equivalents from Financing Activities
 Formula to Identify Increase or Decrease in Cash and Cash
Equivalents
 Validation of Closing Cash and Cash Equivalents
 Entering Formulas and Functions
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19. F04 : Preparation of Projected
Financial Statements – BEP Analysis
 Identification of Variable Costs and Fixed Costs
 Calculation of P/V Ratio
 BEP Analysis and Margin of Safety
 Entering Formulas and Functions
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20. F04 : Preparation of Projected Financial
Statements – Du Pont Modeling & Key
Ratios Analysis
 Activity Ratios
 Operating Ratios
 Profitability Ratios
 Liquidity Ratios
 DSCR Ratios
 Solvency Ratios
 Cash Flow Ratios
 Return on Assets Ratios
 Valuation Ratios
 Entering Formulas and Functions
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21. F04 : Preparation of Projected Financial
Statements –Sensitivity Analysis
 Identifying Variables
 Building Scenarios
 Outcome Analysis
 Entering Formulas and Functions
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22. F05 : Preparation of Projected Financial
Statements – Developing a Simple VBA
Menu Based Application
 Inserting Control Buttons
 Naming and Setting the properties for Control Buttons
 Opening and Editing the VBA Macro Code
 Writing VBA Code
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23. F06 : Preparation of Projected Financial
Statements – Project Report
 Executive Summary
 Salient Features about the business
 Analysis of Projected Financial Performance and Project Viability
 Charts and Graphs
 Comments and Conclusions
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24. Quiz and Short Tests
 Concepts
 Projected Financial Statements
 Schedules
 MS Excel
 VBA for Excel
 Financial Analysis
 Report Preparation
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25. Feedback Session
 Two Way Feedback
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