To land a good job, professional application documents are necessary. A typical application consists of a cover letter and a CV (curriculum vitae, sometimes called résumé). Often, you also want to include reference letters or letters of recommendation.
It is often hard to compare the financials of companies that are different in size. Common size financial statements are one way to make them comparable. This guest article explains how to common-size a P&L statement.
The social and mobile gaming industry is a sector with strong growth that attracts more and more established companies as well as start-up firms. Reliable sales forecasts are necessary to find investors. However, forecasting in a rapid growth industry like gaming can be a tricky affair.
In recent years, "Financial Modelling" in the sense of developing an integrated business plan has evolved into a thriving field for specialised consultants. This article portraits the main players.
Annuities are fixed payments over a period of time. In financial models, annuities are especially relevant to modelling interest and redemption payments for loans, bonds or leasing contracts. Continue reading "Excel: Annuity Calculations"
Debt covenants are agreements between a company and a creditor usually stating limits or thresholds for certain financial ratios that the company may not breach. Their projection is a vital component of a financial model.
Inflation is the reason why elder generations like to complain about today's prices - even if nothing really has changed. But when and how should you consider it in your financial model?
Sometimes, you will need to derive interest rate assumptions from your financial model. The big agencies make their rating methodologies a secret, but there are quick and dirty approaches such as Altman's Z-Score. Continue reading "Modelling Credit Ratings"
While it may seem self-explanatory, it is a good idea to clarify: What is "Financial Modelling"?
"Cash is king" - that's one lesson a lot of corporations need to learn the hard way. Include these ratios in your financial model so that management can plan ahead.