Chapter 18. Financial Modeling: Tools for Budgeting and Profit Planning

Many companies are increasingly using financial modeling to develop their budgets. This chapter discusses:

  • What is a financial model?

  • What are some typical uses of financial models?

  • What are the types of financial modeling?

  • How widespread is the use of financial modeling in practice?

  • How do we go about building a financial model?

Chapter 19 describes the use of spreadsheets and financial modeling languages for financial modeling.

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