Jack Avon - The Handbook of Financial Modeling: A Practical Approach to Creating and Implementing Valuation Projection Models

THE HANDBOOK OF FINANCIAL MODELING

A PRACTICAL APPROACH TO CREATING AND IMPLEMENTING VALUATION PROJECTION MODELS

_____________

Jack Avon

The Handbook of Financial Modeling: A Practical Approach to Creating and Implementing Valuation Projection Models

Copyright 2013 by Jack Avon

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ISBN-13 (pbk): 978-1-4302-6205-3

ISBN-13 (electronic): 978-1-4302-6206-0

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The Apress Business Team

This book is dedicated to my beautiful wife Jenny
and children Luke, Thandiwe, and Nathaniel
for giving me their unconditional support,
encouragement, and the time and space to write
this book. I also would like to thank my
parents Roger and Esnat who have always
supported me and continue to encourage me to
stretch myself creatively and intellectually.

Contents

About the Author

Jack Avon is the director and principal consultant at Isys Systems (Ringwood) Ltd., a financial modeling and analysis company in the United Kingdom. He has broad industry experience with integrating in-house systems with Microsoft Excel and Access and developing custom models and management information systems. Mr. Avon has consulted in financial modeling since 1997 and has worked with clients in banking, media, telecommunications, transportation, construction, oil, gas, and the public sector. He is the founder of the Association of Financial Modelers, has a background in finance and IT, and is an avid photographer. Mr. Avon lives in Surrey with his wife and three children.

Acknowledgments

I would like to express my sincere gratitude to the many people who saw me through this bookto all those who provided support, talked things over, read, wrote, offered comments, allowed me to quote their remarks and assisted in the editing, proofreading, and design.

I would like to thank Ralph Moore for the sterling work of reviewing and challenging me on the writing throughout the review. I would also like to thank Rita Fernando for the coordination of all matters concerned with the book and for keeping me to my schedules and providing assistance throughout the book writing. Above all I want to thank my wife Jenny who gave me the encouragement and conviction to follow my path and who has put so much of her life on hold to give me support and reassurance. Nothing I do would be possible without her.

Thanks also to the rest of my family who continually supported and encouraged me to discover my port of call in life. It was a difficult journey for them, but they persevered with me and in particular my father Roger, who has made so many sacrifices to give me the best in life unconditionally.