How to ace financial assignments with a comprehensive guide. | Homework-aider Homework and Essay Writing posted on the topic | LinkedIn (2024)

Are single KPI charts really that useful anymore? Let's face it, they're a bit old school. The same goes for relying solely on yearly or quarterly values of KPIs such as Asset Turnover and Gross Margin. It's time to elevate your financial analysis game and embrace the power of fully dynamic charts that bring together multiple interrelated KPIs.Imagine having a single chart that paints a complete picture, showcasing the intricate relationships and trends between various performance indicators. By incorporating dynamic values, you'll gain deeper insights and unlock a new level of understanding.So, why limit yourself to outdated methods when you can revolutionize your analysis? Join the next generation of financial professionals and discover the true potential of interconnected KPIs in a single chart. It's time to embrace progress and unlock new dimensions of insight in your financial analysis.And yes, this chart has been created in Excel ;)Join the challenge to win free coupons of my 'Advance Excel for Financial Reporting & Financial Analysis course"Step 1: Watch this video to learn how to make such a chart.https://lnkd.in/d5GCVbQdStep 2: Download the demo dataset.Step 3: Prepare a similar or even better chart for any your KPIs.Step 4: Post your below in comments or on your status (and tag me).#financialanalysis#excel#accounting#itaai

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The Unbeatable Finance Sidekick! Hi, this post is about our world's unsung hero: Excel! Excel is your go-to tool for crunching figures for valuation, analysing data, or simply making sense of financial chaos.Excel glides in like a superhero to rescue the day in the world of Finance, where precision and efficiency are vital. It is more than simply spreadsheet software; it is the foundation of financial analysis and appraisal.Here's why it's so critical:Excel's advanced number crunching transforms convoluted numbers into understandable insights.Have you ever attempted to handle a large amount of financial data without using Excel? It's like trying to navigate a maze while blindfolded!Numbers might be boring, but Excel understands how to make them interesting! It turns dry facts into interesting presentations. Time holds great value in finance, and Excel is an expert at saving time. Its ability to automate activities, generate templates, and perform rapid computations is groundbreaking. Whether you're a seasoned analyst or just getting started, learning Excel is a must-have ability.Here is the Excel Handbook which will support your Financial Journey and will help you master Excel. Credit: Financial Modeling World Cup#finance #linkedin #investmentbanking

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How do you elevate the effectiveness of your financial dashboards?1 - Start with Basics! Good accounting is the foundation and even the most sophisticated tools will stay strong with it.2 - Address Quality. Tackle the 'garbage in, garbage out' issue head-on. It's about ensuring your input is as refined as your desired output.3 - Timing Is Everything. Ensure every financial impact is booked in the correct period. If it isn't, your dashboard loses its predictive and analytical power. A cash outflow today for subscription that will last the full year should not be reflected as an expense in only this monthAchieving an effective financial dashboard goes beyond the tools and software. It's rooted in the accuracy and consistency of the foundational data. Fine-tune those basics, and you're on the path to insightful financial analysis. #FinancialInsights #DataQuality #DashboardMasteryVideo by GrowthMatch

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Are you ready to take the test? 🎓See where you stand with your Excel, Financial Modelling, data visualisation & analytics, and modelling tech skills.What's in it for you:➡️ Our series of questions have been specifically designed to cover the core skills we believe Financial Modellers should have today➡️ In return for just ten minutes of your time we'll help you understand what you've already mastered, and where you could improve➡️ With this information you can target those skills gaps and truly stand out from your peers➡️ Our questions cover more than just Excel skills alone. We're going to ask you about your skills and experience across a range of topics, including modelling techDon't worry if you end up seeing more skills gaps than you expected - we all have them!Get started here: https://lnkd.in/eJEFufhy#FinancialDirector #Accountancy #FinancialModelling #FinanceSkills #exceltraining

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📌 TOP 10 FORMULAS FOR FINANCIAL MODELLING 📌If you're interested in learning financial modelling, it can be overwhelming to know where to start. There are countless formulas and functions to learn, and it can be difficult to know which ones are the most important. To help you get started, here are the top 10 formulas you should focus on:1⃣ 💡 =SUMIFS()The SUMIFS function is a powerful tool for adding up values that meet certain criteria.2⃣ ❌ =IFERROR()The IFERROR function is a simple but useful formula that helps to minimize errors in your financial models.3⃣ 🔄 =XIRR()The XIRR function is a formula that calculates the internal rate of return for a series of cash flows that are not necessarily periodic.4⃣ 💰 =XNPV()The XNPV function is another formula that is used to calculate the net present value of a series of cash flows.5⃣ 💸 =PMT()The PMT() formula is used to calculate the payment for a loan or investment.6⃣ 📈 =SLOPE()The SLOPE() formula is used to calculate the slope of a linear regression line.7⃣ 🔍 =XLOOKUPXLOOKUP is a powerful formula that allows you to search for a specific value in a table and return the corresponding value from another column.8⃣ 📌 =Index MatchIndex Match is an alternative to VLOOKUP and HLOOKUP and is often preferred because it is more flexible and can handle larger datasets.9⃣ 📅 =EOMONTH()This formula is useful in financial modelling because it allows you to calculate loan repayments, interest payments, and other financial calculations based on when payments are due.🔟 🔢 =SEQUENCESEQUENCE is a formula that allows you to create a sequence of numbers or dates based on specific criteria.By familiarizing yourself with these formulas, you'll have a solid foundation for financial modelling. Happy learning!Credits: Financial Modeling World Cup#FinancialModelling #ExcelFormulas #DataAnalysis #Finance #BusinessAnalytics

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📌 TOP 10 FORMULAS FOR FINANCIAL MODELLING 📌If you're interested in learning financial modelling, it can be overwhelming to know where to start.There are countless formulas and functions to learn, and it can be difficult to know which ones are the most important. To help you get started, here are the top 10 formulas you should focus on:1⃣ 💡 =SUMIFS()The SUMIFS function is a powerful tool for adding up values that meet certain criteria.2⃣ ❌ =IFERROR()The IFERROR function is a simple but useful formula that helps to minimize errors in your financial models.3⃣ 🔄 =XIRR()The XIRR function is a formula that calculates the internal rate of return for a series of cash flows that are not necessarily periodic.4⃣ 💰 =XNPV()The XNPV function is another formula that is used to calculate the net present value of a series of cash flows.5⃣ 💸 =PMT()The PMT() formula is used to calculate the payment for a loan or investment.6⃣ 📈 =SLOPE()The SLOPE() formula is used to calculate the slope of a linear regression line.7⃣ 🔍 =XLOOKUPXLOOKUP is a powerful formula that allows you to search for a specific value in a table and return the corresponding value from another column.8⃣ 📌 =Index MatchIndex Match is an alternative to VLOOKUP and HLOOKUP and is often preferred because it is more flexible and can handle larger datasets.9⃣ 📅 =EOMONTH()This formula is useful in financial modelling because it allows you to calculate loan repayments, interest payments, and other financial calculations based on when payments are due.🔟 🔢 =SEQUENCESEQUENCE is a formula that allows you to create a sequence of numbers or dates based on specific criteria.By familiarizing yourself with these formulas, you'll have a solid foundation for financial modelling. Happy learningCredits: Financial Modeling World Cup#FinancialModelling#ExcelFormulas#DataAnalysis#Finance#BusinessAnalytics

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🧠 Dual Process Theory suggests we have two systems of thinking: System 1 is fast and intuitive.System 2 is slow and analytical.For finance professionals, understanding this can help us enhance our data visualizations. By catering to both systems, visuals can quickly convey key insights (appealing to System 1) while also allowing for deeper analysis (engaging System 2). Simplify to captivate, but add depth to inform. #DataVisualization #Finance #CognitivePsychology

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Excited to share my recently created waterfall chart in Excel, beautifully illustrating the profit and loss statement.This dynamic visualization not only provides a clear overview of our net earnings but also vividly captures the various contributing factors. From revenue sources to expenses, the waterfall chart breaks down the financial journey, helping stakeholders easily grasp the financial landscape.Mastering this visualization technique in Excel has not only enhanced my data presentation skills but has also empowered me to communicate financial insights effectively. A valuable tool for anyone involved in financial analysis or reporting!#excel #datavisualization #financialanalysis #businessinsights #excelskills #finance 🚀

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This Presentation of Financial Information course is designed to assist financial analysts in creating impactful and high-quality financial presentations. We will identify the best practices that should be used when creating a financial presentation and the key elements that make up an effective presentation. A financial analyst’s role does not end with creating robust financial models. They should also be able to communicate the outputs and results in a concise and understandable manner.Skills/Knowledgefinancial presentationdashboardvisualizationpowerpointinvestment presentation#corporatefinanceinstitute#fmva#finance#business#accounting#cfi#machinelearning#python#datascience#businessintelligence#powerbi#investment #visualization #quality

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https://lnkd.in/dRcUjEnwgeneral accounting skillsIntroduction (200 words)General accounting skills form the backbone of financial management within organizations. These skills encompass a range of competencies, from foundational principles to advanced analytical capabilities. In this exploration, we will delve into the key general accounting skills, emphasizing their significance and application in the dynamic world of finance.II. Foundational Accounting Knowledge (300 words)Understanding Accounting Principles:Proficiency in basic accounting principles, including double-entry bookkeeping, accrual accounting, and the matching principle, is fundamental. A solid grasp of these principles ensures accurate recording and reporting of financial transactions.Financial Statement Analysis:The ability to analyze financial statements, including the balance sheet, income statement, and cash flow statement, is crucial. This skill helps in assessing an organization's financial health and making informed decisions.