Best Practice Project Finance Modelling
Designed to appeal to project sponsors, bankers and advisors, Best Practice Project Finance Modelling is...
Financial Modelling Testing Packages
Forvis Mazars Financial Modelling
Financial Modelling Testing Packages
Unlock Your Team’s Potential with Forvis Mazars
We offer a full range of testing services that empower our clients to deeply understand and improve their teams’ financial modelling skills and knowledge. Our mission is to help clients manage talent more effectively, enhance team skills, and make well-informed decisions about training and recruitment.
Overview
- Skills Assessment: Evaluate the candidate’s basic Excel proficiency, their understanding of best practice financial modelling techniques and competency in complex financial model management.
- Expert Management: Our financial modelling professionals handle the full process with test scheduling, distribution, coordination and evaluation.
- Detailed Feedback: Receive a detailed summary of individual scores against our defined marking criteria, offering valuable insights into your team’s capabilities.
Benefits of Financial Modelling Testing
- Accuracy: Regular testing helps identify and correct errors, ensuring the financial models are accurate and reliable.
- Efficiency: By refining the team’s skills, the process of building and updating models can become more efficient, saving time and resources.
- Risk Management: Testing skills can help identify potential risks and prepare the team to manage and mitigate them effectively.
- Consistency: Ensures that all team members are on the same page and using standardized methods, leading to more consistent outputs.
- Improved Decision-Making: Better modelling skills lead to more accurate forecasts and analyses, supporting informed and strategic business decisions.
- Adaptability: A well-tested team is better prepared to adapt to changing financial environments and incorporate new data or regulations into their models.
Testing Package Options
| Option | Testing Package | Evaluation Criteria | Testing Logic | Duration |
| A | Excel Proficiency | Basic Excel functions | Basic Excel functions like LOOKUP, SUMIFS, INDEXMATCH, MIN/MAX, IF AND/OR, Anchoring | 1 hour |
| B | Model Review & Correction | Identify and fix errors | Reviewing, finding and fixing of errors using best practice financial modelling | 1.5 hours |
| C | Financial Modelling: Best Practice | Build a case study model | Best practice project finance modelling with setting Timeline, Escalation index, Cons phase, Sources = Uses, Operations, Debt repayment, Debt ratios, Distributions, Project and Equity returns, Cash flow waterfall and scenarios | 4 hours |
| D | Financial Modelling: Advanced | Build a complex case study model | All of option C, plus populating P&L, Balance sheet, Debt sizing (Gearing and DSCR method), Macro VBA, DSRA, Scenarios using Macros and Audit checks | 8 hours |
Customisation Options
We understand that every organisation has unique requirements. Our testing packages can be customised to focus on specific skills or areas of interest, ensuring the most relevant and impactful assessment for your team.
Comprehensive Testing Management
Our team of financial modelling professionals at Forvis Mazars expertly manages the entire testing process. We handle everything from scheduling and distributing testing materials to coordinating the submission of completed tests. Clients can rest assured knowing that their testing process is facilitated and evaluated by industry experts.
Additional Services
Training Courses: Equip your staff with the necessary skills and knowledge to drive your business success.
Personalised Learning Paths: Identify optimal learning paths for individuals and ensure they have the tools to succeed.
Model Review: An independent review provides an objective assessment, free from internal biases and assumptions
Upcoming
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