Scenario & Sensitivity Analysis in Excel

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Overview

This session begins by comparing the formula-based reports we built previously to PivotTables. Dig into the details between these two report types so you are comfortable with applying them to specific workbooks. Create two versions of many reports, one version with formulas and the other with PivotTables so you become comfortable replacing formula-based reports with PivotTables when appropriate. This is part 8 of a 10-part series: Module 1: Fundamental Features Module 2: Fundamental Functions, Concepts, Techniques Module 3: Six Critical Excel Functions Module 4: Handling Errors and Comparing Lists Module 5: Date and Text Functions Module 6: Time-Saving Techniques Module 7: Introduction to PivotTables Module 8: PivotTable vs. Formula-Based Reports Module 9: PivotTable Wrap-Up and Web Data Module 10: Getting, Preparing and Summarizing Data

Highlights

Introduction, scenario vs sensitivity
Why perform sensitivity analysis —
how to enhance financial modeling and analysis
Scenario analysis in Excel
structure, setup and CHOOSE function
Sensitivity model integration
direct and Indirect methods, data tables
Analyzing results
sorting and organizing the data
Gravity sort table
using LARGE and SMALL functions in Excel to auto-sort
Tornado charts
a visual representation of the results
Presenting results
making the output presentation ready

Prerequisites

Although not required, it is recommended to take the following CFI courses in advance: Accounting Fundamentals, Introduction to 3-Statement Modeling, and Introduction to Business Valuation.

Objectives

Properly structuring a model to run different scenarios
Analyze key metrics using data tables
Making the outputs presentation-ready

Preparation

Attendees should have a basic understanding of accounting fundamentals, financial modeling, and Excel.

Notice

This is a self-study/on demand course offered by a 3rd party vendor and will NOT be accessible in the My Upcoming CPE section of the ISCPA website. Course access information will be emailed directly to you by CalCPA. The course expires one year from the purchase date. Format = Online Self-Study.