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Corality SMART Guideline 2

This document provides tips for creating financial models that are transparent and easy for users to understand. It emphasizes thinking about the end user and their needs when building a model. Senior decision makers are now more involved in using models, so summaries should effectively communicate findings to them. Models should have an intuitive structure to allow decision makers to focus on analyzing results rather than how the model works. The document recommends tailoring models and instructions to the intended user group and creating transparent models non-technical people can easily use.

Uploaded by

Ziv Sade
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© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
47 views

Corality SMART Guideline 2

This document provides tips for creating financial models that are transparent and easy for users to understand. It emphasizes thinking about the end user and their needs when building a model. Senior decision makers are now more involved in using models, so summaries should effectively communicate findings to them. Models should have an intuitive structure to allow decision makers to focus on analyzing results rather than how the model works. The document recommends tailoring models and instructions to the intended user group and creating transparent models non-technical people can easily use.

Uploaded by

Ziv Sade
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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02

400,000
300,000
200,000
100,000

THINK ABOUT
THE END USER

2013

2014

2015

2016

2017

2018

2019

2020

2021

(100,000)
(200,000)
(300,000)
(400,000)

Higher investment - More risk


400,000
300,000

Transparency creates a user


friendly model

200,000

One benefit of using Excel for financial


modelling and analysis is the wide
ranging audience, from business analysts
and administrators, right up to a board of
directors. Having a broad range of users
gives you the responsibility to ensure
that the model is suitable in meeting the
requirements of all users.

(100,000)

Before you start building a model, ask


yourself the question If I received
this model, what would I want to see?
Focus on creating model elements
that are as transparent and easy to
understand as possible for the model user.

100,000
2013

2014

2015

2016

2017

2018

2019

2020

2021

(200,000)
(300,000)
(400,000)

Lower investment - Less risk

Prepare for senior decision makers to be involved


With increasing complexity in the finance sector, it is now common practice
for CEOs, CFOs, investment officers and board members to take more
hands-on roles in using financial models. By creating a tailored summary,
you will be able to effectively communicate the findings to senior decision
makers. As decision makers become more involved, models built with an
intuitive structure will allow them to spend less time asking how the model
works, and more time analysing the results of the model.

Tailor all models to the intended user group, including future owners of
the model

TIPS FOR
SUCCESS

Give non-technical users instructions on how to use the model

Prepare an executive summary tailored to the decision makers


Create a transparent model that non-technical people can easily use

DEDICATED TO EXCEPTIONAL FINANCIAL MODELLING


Corality Financial Group is dedicated to exceptional financial modelling. With
experience engaging clients in over 40 countries, our world-class service delivers
confidence when it counts, through leading consulting practices, exceptional
analytical capabilities and industry-specific experience.
We lead the world in financial modelling and forecasting, helping our clients with
investments, financial transactions, strategic planning and operational analysis. Our
team, with demonstrated global knowledge, offers you a 24-hour working window
without compromise, available to work with you wherever you are.

CONTACT US
AFRICA
+27 10 500 1842
AMERICAS
+1 646 432 0337
ASIA PACIFIC
+65 6440 8803
AUSTRALIA/NEW ZEALAND
+61 2 9222 9222
EUROPE
+44 20 7947 4019
MIDDLE EAST
+973 1619 5152

For more information about Corality, visit


WWW.CORALITY.COM

CFG_150116

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