Managing and Evaluating a Business for Modelers
In order to control an organization, the finance person must manage key areas. These areas include cash, sales, income, expenses, assets, inventory, and payroll. These areas are so intrinsic to an organization’s financial wellbeing that most models will encompass one or more of them.
The landscape of financial modeling has moved greatly in recent years to the extent that a modeler is very often required to demonstrate a depth of awareness and understanding in several areas of finance. This chapter covers these areas.
Managing cash is about managing the cash flow of an organization. ...