Financial Crime World

Here is the converted article in markdown format with proper headings, subheadings, and bullet points:

Guatemala Seeks to Boost Economy with Financial Data Analytics

Guatemala, a Central American country with a growing economy, is turning to financial data analytics as a key driver of its economic growth. The government and private sector are investing heavily in developing the skills and expertise needed to create accurate financial models, perform data analysis, and make informed business decisions based on projections and forecasts.

Financial Modelling and Forecasting Training Courses Gain Popularity

According to recent reports, financial modelling and forecasting training courses are becoming increasingly popular among professionals in Guatemala. These courses equip individuals with the skills and knowledge needed to create complex financial models, analyze historical data, and forecast future financial performance.

Course Outline

The course outline for financial modeling and forecasting training in Guatemala typically includes:

  • Module 1: Financial Modelling Overview
    • What is financial modelling?
    • Inputs and outputs of simple financial models
    • Financial modelling process of more complex models
    • Capabilities and limitations
  • Module 2: Short Primer in the Accounting of Financial Statements
    • Accounting equation and balance sheet
    • Income and cash flow statement
    • Articulation of income statement, balance sheet, and cash flow statements
    • Financial statement analysis: ratio analysis
  • Module 3: Financial Statement Modelling
    • How financial models work?
    • Collecting and analyzing historical data
    • Selecting key forecast drivers
    • Modelling the income statement
    • Modelling interest and circular references
    • Modelling the cash flow statement
  • Module 4: Forecasting Performance
    • Designing a dashboard like control panel
    • Statistical model used for forecasting
    • Forecasting sales and costs
    • Forecasting CAPEX and depreciation
    • Forecasting working capital and funding needs
  • Module 5: Business Valuation
    • Valuation approaches
    • Steps for applying the DCF method
    • Calculation of free cash flows
    • Calculating the weighted average cost of capital
    • Estimating the terminal value
    • Enterprise value adjustment

Who Should Attend This Course?

The financial modeling and forecasting training course is designed to benefit professionals from various fields, including:

  • Financial analysts
  • Investment bankers
  • Portfolio managers
  • Risk managers
  • Credit analysts
  • Business analysts
  • Financial controllers
  • Data analysts

Prerequisites of the Course

There are no formal prerequisites for this course. However, prior experience in finance or related roles is recommended but not mandatory. Familiarity with Excel may prove to be beneficial for delegates.

Course Objectives

The course objectives include:

  • Mastering the fundamentals of financial modeling and forecasting techniques
  • Gaining proficiency in using Excel and other relevant software for financial analysis
  • Developing skills to construct and interpret complex financial models for decision-making
  • Learning to perform scenario analysis and risk assessment in financial planning
  • Enhancing the ability to communicate financial insights effectively to stakeholders

What’s Included in This Course?

The course includes:

  • World-class training sessions from experienced instructors
  • Financial modeling and forecasting certificate
  • Digital delegate pack