Course curriculum

  • 1

    Welcome to the Course!

    • How to use this Platform

    • Your Expectations

    • Ask The Trainer

  • 2

    Building a detailed Guide Sheet

  • 3

    Building the Model Sheet Structure

    • Exercise Files

    • Building the Cover Sheet

    • Implementing a Column Structure for the Model

    • Implementing a Row Structure for the Model

    • Automating Sheet Structure Timing

    • Inserting Actual and Forecast Flags

    • Setting up the Sheet for Printing

    • Duplicating the Sheet Structure

    • Finalising your Model Sheet Structure

  • 4

    Extracting & Normalising Historical Financial Statements

    • Nestle Nigeria PLC 2019 Financials - Download

    • Exercise Files

    • Extracting Historical Financial Statements

    • Purpose of normalizing the financial statements

  • 5

    Restructuring the Profit or Loss Account

    • Exercise Files

    • Defining a Preferred PorL Structure

    • Creating a Template for accurate Restructuring

    • Restructuring Process for PL

    • Extracting the Depreciation and Impairment Values

    • Dealing with incomplete information

    • Normalizing the cost of sales

    • Identifying depreciation on cost of sales

    • Normalizing the SG&A

    • Normalizing Net Finance Cost

    • Extracting Current and Deferred Tax Expense

    • Reconciling the normalized PorL

  • 6

    Restructuring the Balance Sheet

    • Exercise Files

    • Purpose of normalizing the Balance Sheet

    • Plan for Restructuring non-Current Assets

    • Restructuring of Non-current Assets

    • Planning the restructuring of Trade and Other Receivables

    • Long-term receivables linked to Trade and other receivables

    • Restructuring Trade and Other Receivables

    • Treating allowances for credit losses and other payables

    • Reconciling restructured value with audit values

    • Restructuring all other Assets

    • Planning the restructuring of Liabilities

    • Restructured Trade and Other Payables

    • Building loans and borrowings

    • Extracting Loans and Borrowings information

    • Extracting Equity Values

    • Finalising the BS Restructuring Template

    • Building out the Restructured balance Sheet

    • Linking the restructured note line item to restructured balance sheet

    • Linking values to restructured line item of the balance sheet

  • 7

    Audit Checks, Navigation & Documentation

  • 8

    Overview of some new Accounting terms

    • Overview

    • Right of Return Assets & Refund Liability

    • Accounting for Operating Leases

    • Accounting for Finance Leases

    • Overview of IFRS 15, Revenue Recognition

    • Revenue Recognition and Contract Assets

  • 9

    Drivers & Assumptions

    • Calculating Historical Profit and Loss Assumptions based on Drivers

    • Building Base Profit and loss Assumptions

    • Calculating Historical Asset Assumptions based on Drivers

    • Calculating Historical Liability Assumptions based on Drivers

    • Simple Technique for Creating Base Assumptions

    • Testing the Predictive Power of Drivers

  • 10

    P&L and Calculation Sheet Mechanics

    • Building your P&L Projections for Year 1

    • Overview of Calculation Schedules

    • Methodologies for Building Schedules

    • Building Out your BASE Schedules

    • Linking Historical Balances

    • Building out your BCE Schedules

    • Building out your OWC Schedules

    • Finalizing your Calculations Schedules

  • 11

    Forecasting the Financial Statement

    • Exercise Files , Assignments and Videos

    • Overview-Completing the Calculations Sheet

    • Building your Balance Sheet

    • Building your Cash Flow statement Structure

    • Completing your Cash Flow Statement

    • Balancing your Balance Sheet

    • Replicating your Year 1 Model for the forecast period

    • Model Auditing with the dbrown 1 Check

  • 12

    Building Dynamic Bullet Debt Schedules

    • Exercise File

    • Overview of Debt Calculations

    • Using Boolean Logic for Smart Logical Formulas

    • Automating Debt Issue with an Issue Flag

    • Planning the Automation of Interest Expense

    • Model Build Mechanics for Interest Expense

    • Completing the Dynamic Debt Schedule

    • Replicating your Dynamic Debt Schedule

  • 13

    Course Completion

    • Exercise Files , Activities and Videos

    • Capstone Project

  • 14

    Bonus Material

  • 15

    Evaluation & Course Certificate

    • Evaluation & Digital Certificate

    • How to Attach your Certificates to your LinkedIn Profile

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What People Have to Say...

20,000+ people are learning on our platform

“Attempting to tackle the AFM Exam is a bit daunting, which is why this course really shines brightly. Unlike many of the other excellent modeling courses out there, this course specifically focuses on the AFM exam and is a great combination of reviewing modeling skills and fine-tuning your exam preparation. This course is like the capstone to your AFM Exam preparation pyramid. There's nothing quite like it out there yet. It reviews the hard skills, sharpens the soft skills such as template preparation, gives exam tips to save time, advises on how to approach the exam, and brings all the needed skills together in an excellently paced course. Highly recommended. ”

Rasheed Davis

“Excel Essentials for Reporting is a wonderful course. It unearths the secrets on which Excel is built and presents it in a very simple manner. I found a solution to a problem I have grappled with for a long time in this course. DBrown training did a great job that deserve to be commended. Thank you for this course and may your reward be great in your chosen enterprise of expanding the frontiers of knowledge in the IT industry. Regards. Engr. Okumo Ipigansi”

Ipigansi Okumo

“Your course on Report Automation in Modern Excel is indeed an eye opener as to the many possibilities in Microsoft Excel. The training is superb and very informative with great content. I enjoyed every minute of the videos and it has provided me with a greater level of understanding, additional skills and knowledge, to aid my numerous tasks in the office. Report Automation in Modern Excel is suitable for all who analyze data. The course delivery is excellent. DBrown Consulting, please keep it up.”

Otti Grant Onyeukwu

“Clearly, the use of lookup functions in Excel cannot be overemphasized. Mr. David in less than an hour 30 mins will take you to a realm of possibilities (previously thought of as impossibilities or not thought of at all) through this training. The delivery of the videos was succinct and concise; be prepared to get much value from this training.”

Akinwunmi Bello

“I was really impressed with the simplicity of the lessons and the ease of learning. Looking forward to taking more courses.”

Tomilola Sadare

“I particularly love the flow of teaching, its unconstrained. Also, the fact that you are spurred to practise on your own, and tweak as you are taught - not been spoonfed. I am always waiting for the release of the next class. Thank you David.”

Adebayo Aderohunmu

Building an Audit Check for the Balance Sheet

Watch this sample video to see how to incorporate an audit check tool as part of the Model Guide sheet for a Corporate Financial Model. 

Some of our Clients


David Brown

FCA, Microsoft MVP

David has worked with and taught Excel and financial modelling to over 4,000 people in the last 22 years. He is the Managing Partner of dbrownconsulting where he runs the Consulting Division.He is a Fellow of the Institute of Chartered Accountant of Nigeria & a Financial Analyst with over 16 years experience working as a Business intelligence, Financial Modelling & Tax Consultant with Arthur Andersen, KPMG & dbrownconsulting.He is also an International Consultant to the World Bank on Oil Revenue Modelling and is a registered financial adviser.David attained the Master Trainer & Master Instructional Designer designation from the Association for Talent Development (ATD).He is passionate about Financial Modelling, Business Intelligence and Analytics especially with Microsoft Power BI and Excel and regularly host meetups and speaker event in Nigeria and around the world.