Blog

Average Internal Rate of Return (AIRR)

An introduction by F1F9: We were approached by Thierry Renard and Carlo Alberto Magni and were intrigued by what they had to say: a new approach to calculating an internal rate of return. What's more, they were illustrating the application of the Average Internal Rate of Return ("AIRR") using Excel...

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Monitor parts of your Excel workbook without leaving your current view

How do I know what is going on in my kitchen when I am upstairs in my bedroom? If that's a question that is a concern to you, then you might have considered some sort of surveillance device. A web cam, perhaps. Such a device exists in Excel – designed to answer the question: "how do I know...

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Use Excel – and be confident that you are using it well

It’s always interesting to pass the time with a fellow traveller on a long-haul flight. In this instance, I was on a regular trip to New Delhi to visit F1F9’s head office. My neighbour was the head of internal audit for a FTSE 100 company. We talked about Excel, of course, and how a business...

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Additional keyboard shortcuts to increase your productivity

We are launching a new version of F1F9’s keyboard shortcuts. You will find them available to download in an Excel workbook just below.The shortcuts are stored as macros in the workbook. On opening the workbook, you may need to click on “Enable Content” or “Enable Macros” to make sure things run properly.

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How to Model Balances in Excel

There are two basic types of line item in financial models – flows and balances. Balances are amounts at a point in time. Balances can be financial or non financial. Every balance has similar properties. This blog explains what those properties are, and gives a standard model component that...

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Amnesia – 10 Signs Spreadsheets are Killing your Finance Function

The following text is taken from our ebook - 10 signs spreadsheets are killing your finance function: #4 Amnesia SYMPTOMS: Last minute panic buying of birthday presents. Missed gym appointments. You hear ‘aren’t you meant to be somewhere else?’ more often than you’d like. Family...

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Managing Modelling: Embrace an open and honest culture

Errors will happen. It is an unfortunate fact of life, whenever humans are involved with complex data manipulation and modelling, errors occur. A financial modelling manager needs to create an environment where any member of the modelling team can feel comfortable notifying them as soon as an...

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Business Analysis Lifecycle ebook: Conceptual Modelling

We have taught analysts from hundreds of companies to build financial models. Financial modelling proficiency requires skills that take time to acquire, develop and perfect. Sometimes the difficulties students have are related to how to build their model. More often, difficulties relate to what...

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Financial modelling: start with the end in mind

"The habit of beginning a process of construction with a clear understanding of the end product can be highly beneficial when building financial models"

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New ebook on collaborative financial modelling

The article below is taken from our new ebook: Managing Modelling - How to run an effective modelling team, it's available for you to download free of charge and with no form-filling. Financial modelling should be a collaborative team-based activity, not an individual activity. Building team...

Training

Improving your financial modelling skills: why it’s worth it

Guest blog post from Steven O'Neill on why it's worth investing time in improving your financial modelling skills. As someone working in the area of talent acquisition for finance professionals, I often ask myself why is it that some candidates’ careers skyrocket while others seem to flat...

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The Listening Online Course

In all of our online courses – whether free or not – we want to engage with you as much as we can

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FAST Fundamentals – Multiple Language Subtitles

We’ve designed FAST Fundamentals for those who have completed our free "31 days to better financial modelling" online course and are looking for their next step.