This is a passionate topic of mine so join me in a jousting sessions with Christopher Argent and Andrew Codd on a video recorded podcast - Strength in the Numbers show.
It is guaranteed to be a blast !
After meeting so many finance professionals there are really 2 camps they fall into. The spreadsheeter or the financial modeler. Of course most would claim that they are a financial modeler and few would dare admit they are a spreadsheeter.
But sadly, only a very small % of them are financial modelers. But this is changing as the demand for great modelers increases and awareness of skills gaps are highlighted and resolved.
Hopefully this post enables even greater awareness of the differences.
This Blog post is intended to provide future finance professionals with some insight in terms of developing a VCFO business.
Having evolved my CFO role into a VCFO there were many things I learnt and also would have changed had I known better.
Hopefully my mistakes don't need to be repeated by others.
This blog post explores the first major wave of spreadsheet innovation and compares it to Airbnb.
There are a lot of benefits from the sharing economy but when it comes to spreadsheets sharing content is not only foreign but also risky.
But now it is both possible and lower risk resulting in new opportunities.
Your forecast is only as good as your financial model. Do you agree?
Finance Masters use financial modelling to their advantage by creating forecasts updated in real-time, using internationally recognized modelling standards and might even compete in Model Off. Here's a jointly written post by myself and Anders Liu-Lindberg on what it takes to become a Finance Master in financial modelling. So, do you model off with the masters?
This post provides the readers some insight as to the differences between Data Analytics/Big Data and Financial Modeling.
After reading this post, finance and business professionals should have a clearer understanding of what these skills, processes and systems can enable.
Most important is to understand the problem first then find the solution, not just follow trends.
This post explores other potential applications of the skills in financial modeling. The rise in social benefit bonds require a financial model to better estimate the returns to investors and the cost to governments and potential benefits to society.
Now its possible to save more than just money with a financial model.