Forecasting with Excel's Powerful Sensitivity Tools - Scroll Bars, Goal Seek, Data Tables, Solver and Scenario Manager

Why Should You Attend:

Financial analysis is an area of opportunity and risk. Analysis should incorporate tests of sensitivity to changes in key variables using the most advanced tools available. Typical financial models do not effectively utilize these tools. This exposes the analyst to blind spots in their analysis. Analysts should obtain and become proficient with the more sophisticated “what if” analysis tools of the trade.

Attend this webinar having live demonstration on Excel to unleash its powerful sensitivity tools. Get the full power out of your financial models using 22 rules of effective model design. Improve the design of your models to take advantage of these tools in just 90 minutes. Learn the best practices of model design and know how to apply scroll bars, goal seek, data tables, solver and scenario manager to your models in just 90 minutes.

Experienced CGMA and financial analyst, Miles Hutchinson will demonstrate these tools for you using Microsoft ExcelTM. He will provide practical instructions and guidance for applying them and identify the key cautions to help you avoid potential misfires.

Areas Covered in the Webinar:

• 22 rules of effective model design
• Applying Scroll Bars to individual cells to flex them over their relative ranges with the touch of your mouse
• Using Goal Seek to discover how much a single variable must move to reach a desired outcome
• Using Dynamic Data Tables with one or two-inputs to deliver an array of outcomes from your model in just seconds
• Using Scenario Manager to store selected groupings of inputs and resulting outcomes
• Use Scenario Manager to consolidate all ”versions” of your model into one file
• Use the built-in Scenario Summary report to automatically compare your Scenarios

Bonus Material:

Download a copy of the demo model, complete with instructions for each of these tools!

Who will benefit:

• Financial Officers
• FP&A (Financial Planning & Analysis)
• Financial Analysts
• Controllers
• CFOs
• Staff with roles and responsibilities in financial forecasting and analysis departments.

Miles Hutchinson
President, Sales Tax Advisors Inc

Miles Hutchinson is a CGMA and experienced businessman. He has been an auditor with PriceWaterhouseCoopers and the Chief Financial Officer of a $1 billion real estate development company. Miles is a professional speaker and consultant who has presented over 2,500 seminars and training sessions on a myriad of business and financial topics, like financial analysis and modeling, accounting, strategic planning, and compliance with the Sarbanes-Oxley Act. He is recognized as an expert in payroll and sales & use tax as well as financial modeling & analysis, business strategy and communications.

He is the author of several useful accounting and tax tools available at www.soxpolicies.com and www.salestaxadvisors.com. His clients include, Abbott Labs, Bank of America, Boston Scientific, CBS, Citicorp, Corning, the FBI, the FDA, the Federal Reserve, GE, Pfizer, Siemens, U.S. Marine Corps, and the U.S. Army. Please visit his web sites to see how you can further benefit from his expertise.

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