Financial Models and Simulation

Financial analysis, modellng, simulation and knowledge engineering have become essential to the survival of every enterprise. This thorough and comprehensive book looks at the development and use of financial models for analysis and decision-making, showing the reader how to apply these methods in his or her own work.

Auteur

Dimitris N. Chorafas served on the faculty of the Catholic University of America and as Visiting Professor at Washington State University, George Washington University, University of Vermont, University of Florida, and Georgia Institute of Technology in the United States, as well as the University of Alberta, Technical University of Karlsruhe, Ecole d'Etudes Industrielles de l'Université de Genève, Ecole Polytechnic Fédérale de Lausanne, Polish Academy of Sciences and Russian Academy of Sciences. More than 8,000 banking, industrial and government executives participated in his seminars in the United States, England, Germany, Italy, other European countries, Asia and Latin America. Chorafas is the author of 160 books, translated into several languages world-wide.

Contenu

List of Tables - List of Figures - Preface - PART 1: THE PRACTICE OF FINANCIAL MODELING - The Leading Edge of Financial Analysis - Introducing Modeling Concepts in Finance and Accounting - Defining the Modeling Domain - Organizational Prerequisites with Financial Models -PART 2: MODELS FOR BUDGETING AND BUDGETARY CONTROL - Financial Planning and Budgeting Procedures - Developing and Using a Budget Analyzer - Building Models to Control Costs - Methods and Procedures for Better Control over Costs and Budgets - PART 3: MODELING BALANCE SHEET AND OFF-BALANCE SHEET OPERATIONS - Models for Balance Sheet Reporting - New Financial Instruments and Off-Balance Sheet Transactions - Cash Flow and Its Management - Ways and Means for Judging Profitability - PART 4: THE BOARD WANTS ANSWERS WHICH ARE NORMALIZED AND COMPREHENSIVE - How to Monitor a CEO through Critical Financial Ratios - The Creative Use of Algorithmic Solutions - The Role of Visualization with Analytical Approaches and Quantitative Methods - Acknowledgements - Index