Financial Statements in Excel

Hi Sam,

Thank you for the forum question.

Follow Excel best practice rules when you are creating financial models in Excel.

There are a lot of best practice rules we should follow. The most important rules are:

1. keep it simple
2. Focus on the output not the input. If you need to analyse the data the input must be setup for the tools yo need for the data analysis.
3. Make it easy to update
4. Make it easy to develop

I hope that I gave you something which will help you in the right direction.


Kind regards

Jens Bonde
Microsoft Office Specialist Trainer

Tel: 0207 987 3777
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