E Learning Programme
Description
Vocal Characteristics
Language
EnglishVoice Age
Middle Aged (35-54)Accents
British (England - East Anglia, Cambridge, Hertfordshire) British (General)Transcript
Note: Transcripts are generated using speech recognition software and may contain errors.
Hello, friends. Welcome back. After a brief background about the company, let us try to build a financial model before we start the actual work on XL. We should first identify whether this is an operational company or a new company. As discussed in the earlier video, this is an operating company with an existing track record. Hence, we are making the model for an existing company. As it is an existing company, it is going to have passed financial records. The first step is to review any of the available accounts, management accounts or audited accounts on DH. Fill the P and L and the balance sheet over here. You should fill in these data. You do not have to do any kind of calculations at this stage. The P and L can be ignored. However, it is mandatory to build the balance sheet, as it would be very difficult to determine the values for the first year on DH subsequent years Balance sheet is the statement on a specific date. From there, you can build the next year's balance sheet. You should build all the capital debt, current assets, liabilities, fixed assets and cash. These are the audited previous years values. It is important to note that the previous year's balance should match. If there is a difference in the opening year or opening balance sheet, then you will have the same difference for all the years. Thus, it should be ensured that there is no difference on that. Everything is probably filled in as said earlier, filling all the revenue costs. Taxis a bit dark Interests on DH expenses. These are all hard coded numbers. There is no calculation. Just fill the income statement on the balance sheet. If audited accounts are unavailable, that data can be filled in with the help of management accounts. This's an important step before we can start building the actual model. I hope it is clear in case you have any questions, queries or doubts, feel free to send us an email or connect with us. Thank you guys.