Financial modelling: business simulation

Overview

As accountants, we use Microsoft Excel all the time. But have you ever created a business simulation in Excel? Often, we assume more sophisticated and expensive software is required for business simulation, but Excel can often be the more cost-effective and efficient choice.

This course takes you through the basics of business simulation in Excel, and guides you through building some very illuminating simulations. It also looks at the importance of collecting good data for analysis and explores how to set up queuing simulations and financial models to aid decision making.

This course will enable you to:

• understand the basics of business simulation in Excel
• use Excel to create cost-efficient, effective business simulations
• understand what constitutes good data, and how to properly analyse it
• learn how to set up queuing simulations, and their importance
• gain an understanding of financial models and the value they provide.

Key information:

• learn at your own pace
• iPad/Android compatible
• exclusive member benefit – 10% discount.

Helping accountants grow

Disclaimer: This course and outline is provided by a third-party course provider. All course bookings are subject to the terms and conditions set by the course provider. Please see individual supplier pages for full terms and conditions. ACCA takes no liability for bookings made with third-party suppliers