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Overview

Audit a Financial Model With Macabacus Overview

This course will show you how to use Macabacus to efficiently audit a financial model.

  • Utilize powerful visualization tools from Macabacus to highlight potential areas of concern in financial models.
  • Learn common keyboard shortcuts to expedite auditing operations.
  • Discuss the approach used by CFI for our own financial models.

Auditing financial models is critical to ensure the models are error-free. This will instill confidence in stakeholders to use the model for important decision-making. This course helps learners understand the approach and Macabacus tools that we use for model auditing at CFI. They will also learn to use keyboard shortcuts to activate model auditing tools.

Audit a Financial Model With Macabacus Learning Objectives

  • Discuss why model auditing is so important for financial models.
  • Explain common audit review approaches to reveal areas of concern.
  • Apply the most common keyboard shortcuts used for auditing tools.

Who should take this course?

This course is suited for those using Macabacus individually or as a part of a corporation. It is also suitable for those that are new to the software. This course is designed for individuals interested in performing faster and more effective financial model audits.

Audit a Financial Model With Macabacus

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Level 3

Approx 4h to complete

100% online and self-paced

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This Course is Part of the Following Programs

Why stop here? Expand your skills and show your expertise with the professional certifications, specializations, and CPE credits you’re already on your way to earning.

Macabacus Specialist
  • Skills learned Configuration of Key Macabacus Settings, Format & Present a Financial Model, Financial Model Auditing, Modular Model Building, Reliable Linking to PowerPoint and Word
  • Career prep Investment Banking, Private Equity, Valuation, Financial Planning & Analysis, Equity Research

What our students say

Best Practices - Auditing a Financial Model
CFI is the best place for online learning. It not only empowered me to conduct a thorough and efficient audit of the financial model but also elevated my understanding of best practices in financial analysis using tools like Macabacus.

Nizar Hussain


Very good experience the knowledge was outstanding delivered the content was also very accurate

Yasir Khan

Great instructor
I enjoyed the instructions given

Travis Brown

Visualization using Maracabus
I have enjoyed how to use maracabus

Lydia Endjala

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Frequently asked questions

What are the requirements to take the courses?
All of our certification programs are open to students and professionals in various industries and levels of experience. Our curriculum is designed to teach what you need to know from basic fundamentals to advanced practical case studies. To take the courses and complete the exercises, students will only need access to a PC and/or Mac, Microsoft Suite (2016 or newer), and a stable internet connection. Click here to view the Technical Requirements
Can I download the Excel files and financial modeling templates for the course?
Absolutely! All the files and templates needed in a course are available for download. Just look for a module that shows Downloadable Files within the course dashboard. See here for a visual guide on how to do this.
How long do I have to complete the courses?
You will have yearly access to the courses as long as you maintain an active subscription. All the courses are self-paced as well so you can take your time in learning without worrying about any deadlines. Click here to compare our available enrollment options.
Are CFI courses officially accredited?
Yes, CFI is accredited by the Better Business Bureau® (BBB) to maintain training standards, the CPA Institutions in Canada, and the National Association of State Boards of Accountancy (NASBA) in the USA. Most of our courses qualify for verified CPE credits for CPA charter holders. Please refer to this page to view all available CPE credits.
Are there any additional fees or costs?
None! The bundle price includes everything and there are no additional fees or charges to earn your digital certification. You can see our enrollment fees listed here.
What currency are your courses priced in?
All our online courses are priced in USD. As this is a recurring payment, we accept all major credit and debit cards including Visa, MasterCard, and American Express.
How do I earn my certificates?
Students must complete all the video lessons, quizzes, and final assessments in each course. You can retake the assessments as many times as necessary until you reach an 80% passing grade. For more information on how to earn a course certificate, click HERE.
How are the exams conducted?
Students are required to complete an online assessment (Multiple choice questions, Fill-in-the-Blanks, and Excel Questions) at the end of each course. You can take the exams on your own schedule and will need to earn at least 80% to pass the course and earn your certificate of course completion. Please note that course exams can be repeated as many times as you need. Students are also required to complete the FMVA® final exam to earn their certification. How to Take a Qualified Assessment
Can I email the instructor if I have questions?
While the courses are designed mainly for self-study, we are happy to provide email assistance for general or technical support inquiries. The Full Immersion bundles include a premium email support function that allows you to communicate directly with in-house experts regarding course content. This is one of the key features that sets the Full Immersion bundle apart and makes it a worthwhile upgrade over the more affordable self-study bundle. You can compare more features in our bundles here.
Will these courses help me advance my career?
Based on hundreds of reviews from thousands of students we know how CFI courses have helped so many people advance their finance careers. Our courses are designed to be extremely practical and simulate the experience of being trained as a professional financial analyst…the ultimate way to advance your career. For real-world examples and to help delve even deeper into the course concepts, please look into our free career resources library.
More Questions?
You can view more detailed information through our Help Center or Email us and we'll be happy to answer any of your questions
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