Nigerian Seminars and Trainings

Search all upcoming seminars, conferences, short management courses and training in Nigeria and around the World

business logo

Building Financial Models

By: Tom Associates  

Lagos State, Nigeria

22 - 24 May, 2017  3 days

Follow Event

  

NGN 115,500

Financial modeling demands a logical, consistent approach. This workshop builds a financial analysis and a valuation model through a series of logical and practical stages.

Upon completion, delegates will have a comprehensive understanding of advanced modeling, as well as how each technique can practically be applied through: 

  • Building a financial model from a blank sheet 
  • Designing models which minimize errors 
  • Writing models which can be maintained and augmented in the future
  • Developing models with advanced techniques such as risk, sensitivity, and optimization and forecasting. 

Course Contents

Day One

  • Financial Analysis and Valuation
  • Different approaches to valuation 
  • Financial analysis and valuation framework model
  • Useful Excel methods, features and techniques 
  • Common pitfalls and mistakes in Excel.
  • Alternative Model Review
  • Model Structure and Planning
  • Model design and structure - key stop
  • Planning the equity valuation model 
  • Required sheets, calculations and DAYs 
  • Five essential auditing techniques. 
  • Completing and Checking the Financial Analysis/Valuation Template
  • Adding Cash Flows and Ratios
  • Structured model with a menu and accounting statements
  • Calculating key financial ratios
  • Adding Cash Flow and Ratios to Template
  • Non-cash Flow Valuation
  • Non-cash flow methods
  • Accounting methods 
  • Dividend discount models 
  • Market-based methods - EPS and multiples 
  • Peer groups 
  • Calculating Accounting and Market Value on Template 

Day Two

  • Forecasting and Equity Valuation 
  • Forecasting Methods 
  • Review of forecasting methods 
  • Macro forecasting 
  • Linear methods 
  • Review of historical performance 
  • Relationship between company and financial strategy 
  • Identifying and forecasting key drivers 
  • Linkages and modeling problems 
  • Reviewing Performance and Adding a Forecast. 
  • The Case Template and Deriving Forecast
  • Financial Statements. 
  • Free Cash Flows 
  • Derivation of free cash flow
  • Checking model results and redefining forecast 
  • Reasonableness of forecast and results. 
  • Adding Free Cash Flow to the Model. 
  • Cost of Capital:
  • Alternative theories – bonds and arbitrage pricing theory 
  • Capital Asset Pricing Model constituents 
  • Discussion and agreement on WACC inputs
  • Asset and equity betas and risk 
  • Mathematical derivation 
  • Deriving Beta from Data and Adding WACC to Case 
  • Initial Equity Valuation: 
  • Methods of adding terminal value 
  • Producing an equity valuation 
  • Comparison to existing share price 
  • Adding Equity Valuation to the Template 

Day Three

  • Risk, Targeting and Other Layers
  • Alternative Cash Flow Valuation 
  • Time varying WACC
  • Adjustments to value
  • Adjusted Present Value (APV) method 
  • Existence and addition of financial and operational synergies 
  • Reconciliation to economic profit
  • Adding APV to the Template
  • Risk and Sensitivity 
  • Understanding of risk and multiple answer
  • Sensitivity and tables 
  • Creating sensitivity graphs
  • Scenario planning based on economic climate
  • Alternative scenario methods 
  • Testing the Models with Different Sensitivity and Risk Matrices 
  • Optimum Structure and Targeting 
  • Achieving a target valuation 
  • Goal seeking method
  • Testing valuation with leverage and structure 
  • Targeting the Case to Improve Valuation Sensitivity 
  • Management Reporting and Model Review:
  • Management reporting and summary
  • Suggestion for other improvements to the valuation model 
  • Final audit 
  • Help and user assistance
  • Securing and protection 
  • Documentation and maintenance

NOTE: Participants Must Be With Their Computers

5/7 Alade Lawal Street, Opposite Divisional Police Station, Off Ikorodu Road, Anthony, Lagos. Registration: 8.30 - 9.00 a.m. Class Session: 9.00 - 4.00 p.m. May 22 - 24 May, 2017
NGN 115,500.00(including VAT)
(Convert Currency)

08033019120

Discount of 5% to 3-4 participants from same organization. Discount of 10% to 5 or more participants from same organization.
Related Courses
Advancing Performance through Targets Setting and Appraisal Processes: Employee Performance Assurance Training Advancing Performance through Targets Setting and Appraisal Processes: Employee Performance Assurance Training

4 days, 17 - 20 Jul, 2018 

2018-07-17 12:07:00
Lagos State, Nigeria

Tom Associates

By the time the programme ends, participants would become conversant with the procedure of: Determining performance measures at the Corporate, Business Unit and Individual levels. Managing the ...

A Manager’s Personal Effectiveness A Manager’s Personal Effectiveness

3 days, 15 - 17 Aug, 2018 

2018-08-15 12:08:00
Lagos State, Nigeria

Tom Associates

This course is about what managers can do specifically to improve their individual effectiveness and enhance productivity for the organization. The programme contents have been developed around seven ...

How to Enhance the Enterprise Shareholder Value How to Enhance the Enterprise Shareholder Value

5 days, 06 - 10 Aug, 2018 

2018-08-06 12:08:00
Lagos State, Nigeria

Tom Associates

It is easy to say shareholder value is important. Not so easy to make it influence the decisions that are made everyday: where to spend time and resources, how best to get things done, and, ...

Managing the Millennials and the Generation Divide Evolving in the Workplace Managing the Millennials and the Generation Divide Evolving in the Workplace

, 01 - 01 Aug, 2018 

2018-08-01 12:08:00
Lagos State, Nigeria

Tom Associates

As older workers in the workforce mingle with younger workers, the work environment gets filled with varying perspectives and experiences. There certainly are benefits of such a variety in the ...