McGraw-Hill Finance & Investing: Building Financial Models

Más información sobre el libro

The ability to create and interpret financial models is essential in corporate finance, from Wall Street to Main Street. This fully revised and expanded edition of a renowned guide to valuation projection models equips finance and accounting professionals with the tools needed to remain competitive. It offers a hands-on approach to building a core model, integrating fundamental accounting and finance principles. New content includes discounted cash flow (DCF) modeling and Excel formulas for powerful calculations, alongside in-depth explanations of projection model mechanics. The guide emphasizes good thinking and sound knowledge, essential for producing robust, user-friendly models. Step-by-step instructions cover the entire process of developing a projection model, with dedicated chapters for each phase. By the end, readers will have a dynamic spreadsheet model for industrial and manufacturing projections. Additionally, the book provides the vocabulary and syntax necessary to customize models for any company size, enabling quick sensitivity testing. A companion website offers example spreadsheets to facilitate model development. This practical resource is indispensable for creating effective financial projection models that clarify complex relationships and enhance enterprise value.