Financial Forecasting, Analysis and Modelling: A Framework for Long-Term Forecasting

  • 4h 11m
  • Michael Samonas
  • John Wiley & Sons (UK)
  • 2015

Financial Forecasting, Analysis and Modelling provides a complete framework of long-term financial forecasts in a practical and accessible way, helping finance professionals include uncertainty in their planning and budgeting process. With thorough coverage of financial statement simulation models and clear, concise implementation instruction, this book guides readers step-by-step through the entire projection plan development process. Readers learn the tools, techniques, and special considerations that increase accuracy and smooth the workflow, and develop a more robust analysis process that improves financial strategy. This book provides the deeper level of understanding needed to develop stronger financial planning, with techniques tailored to real-life situations.

  • Develop long-term projection plans using Excel
  • Use appropriate models to develop a more proactive strategy
  • Apply risk and uncertainty projections more accurately
  • Master the Excel Scenario Manager, Sensitivity Analysis, Monte Carlo Simulation, and more Risk plays a larger role in financial planning than ever before, and possible outcomes must be measured before decisions are made.

Uncertainty has become a critical component in financial planning, and accuracy demands it be used appropriately. With special focus on uncertainty in modelling and planning, Financial Forecasting, Analysis and Modelling is a comprehensive guide to the mechanics of modern finance.

About the Author

Michael Samonas is finance professional with extensive experience in Financial Planning, Analysis and Modelling. He is currently the Group CFO of SIDMA S.A, a member of Viohalco Group of companies. He has worked in the past for various multinationals including Vodafone S.A. and Hellenic Telecommunications Organization conducting a range of models for Business planning, valuations, mergers, projects and data analysis. For a number of years Michael was instructor at the School of Business & Economics of the University of Laverne, Athens Campus. A regular contributor to financial and business journals, Michael has taught specialised courses in Financial Analysis & Business Modelling, Credit analysis & Cash flow forecasting and Investment Evaluation & Appraisal.

Michael holds both a M.Sc. and a Ph.D. degree from the Department of Physics and the Electronic & Electrical Engineering department of University of Surrey as well as an MBA from the University of La Verne California. He also holds a B.Sc. degree in Applied Accounting from University of Oxford Brooks (with honours) and is a Fellow of the Association of Chartered Certified Accountants - ACCA.

In this Book

  • Introduction
  • A Short Primer in the Accounting of Financial Statements
  • Financial Statement Modelling
  • Forecasting Performance
  • Business Valuation
  • Using Sensitivity Analysis
  • Using Scenarios
  • Using Monte Carlo Simulation