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Financial models are a vital part of the business decision-making process. They help executives in evaluating a business’s financial health and predict its future performance. Financial models allow companies to make data-driven decisions by providing them with valuable insights. That is why the demand for a skilled chartered financial analyst is very high among companies. Organizations require their expertise to enhance their financial decisions.
In the following sections, we will discuss financial modelling and its different types. So, read on...
What is Financial Modelling?
Financial modelling refers to using financial models to forecast a business’s financial performance. You use the company’s historical data to forecast its future performance.
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