Reducing Prep Time from 1 hour to 1 minute.
The course is presented in four parts.
First, the course introduces a business case of a financial model that allegedly “did it all wrong”. The model requires over 30 steps and over 1 hour just to report on a simple 1-measure report. This becomes a great candidate for this Model Makeover course.
Next, the course lists what makes a model great and how to achieve them: o Accuracy o Simplicity o Robustness
Third, we illustrate the full skills of building the fully overhauled model that would only take 1 minute to generate the report with only 2 steps. The whole process includes: o Data sourcing o Data processing o Report generating o Automating, and o Validating
Last, the course evaluating the newly built model to determine how well it meets the requirements of a great Excel model.
Financial Reporting Expert
Lenny is Senior Financial Analyst at Ausenco. Lenny has over 15 years combined experience in financial planning and analysis (FP&A), financial reporting and modeling, and compliance auditing. Lenny supervises Adaptive Insights system budgeting, and is a CPA, CGA, and a Certified Adaptive Insights Professional and Certified Xero Partner. Lenny is a proponent for "One-click Reporting" for analysts and "Self-service Reporting" for executives. He has strong belief that reporting and closing should be hours rather than days or even weeks. Lenny also acted as local CPA chapter board officer and volunteered for Canada Revenue Agency as a Community Volunteer Income Tax Program consultant. Education MBA, Finance : George Washington University - SBPM (School of Business and Public Management) - [1998 to 2000]
