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Hands-On Financial Modeling with Excel for Microsoft 365

You're reading from   Hands-On Financial Modeling with Excel for Microsoft 365 Build your own practical financial models for effective forecasting, valuation, trading, and growth analysis

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Product type Paperback
Published in Jun 2022
Publisher Packt
ISBN-13 9781803231143
Length 346 pages
Edition 2nd Edition
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Author (1):
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Shmuel Oluwa Shmuel Oluwa
Author Profile Icon Shmuel Oluwa
Shmuel Oluwa
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Table of Contents (19) Chapters Close

Preface 1. Part 1 – Financial Modeling Overview
2. Chapter 1: An Introduction to Financial Modeling and Excel FREE CHAPTER 3. Chapter 2: Steps for Building a Financial Model 4. Part 2 – The Use of Excel Features and Functions for Financial Modeling
5. Chapter 3: Formulas and Functions – Completing Modeling Tasks with a Single Formula 6. Chapter 4: Referencing Framework in Excel 7. Chapter 5: An Introduction to Power Query 8. Part 3 – Building an Integrated 3-Statement Financial Model with Valuation by DCF
9. Chapter 6: Understanding Project and Building Assumptions 10. Chapter 7: Asset and Debt Schedules 11. Chapter 8: Preparing a Cash Flow Statement 12. Chapter 9: Ratio Analysis 13. Chapter 10: Valuation 14. Chapter 11: Model Testing for Reasonableness and Accuracy 15. Part 4 – Case Study
16. Chapter 12: Case Study 1 – Building a Model to Extract a Balance Sheet and Profit and Loss from a Trial Balance 17. Chapter 13: Case Study 2 – Creating a Model for Capital Budgeting 18. Other Books You May Enjoy

What is Power Query?

Power Query is an extract-transform-load (ETL) tool. It has greatly extended the sources from which data can be imported into Excel. Power Query has an impressive array of transform tools that crucially can be accessed and applied without the use of formulas. Finally, with the option to create a connection only, it reduces the file size tremendously over previous methods.

The first step in using Power Query is to import data (Get Data) into Excel. In Excel 365, you do this by selecting the desired source from the Get Data button in the Get & Transform Data group under the Data ribbon.

Note

From 2010 to 2013, you could access Power Query as a separate ribbon in Excel. However, from 2016 on, Power Query is now found in the Data ribbon as the Get & Transform group.

Figure 5.2 – The Get Data button in the Get & Transform Data group

Here, you are given the option of extracting data from a wide range of sources...

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