The standard color coding for financial modeling is to make assumptions and hardcodes blue, formulas on the same sheet black, formulas that refer to other worksheets green, and formulas that link to external files red. This color code standard is followed by professionals all around the world across all major industries and job functions.
CFI is the official global provider of financial modeling and valuation analyst FMVA Designation. CFI’s mission is to help anyone become a world-class financial analyst and has a wide range of resources to help you along the way.
In order to become a great financial analyst, below are some additional questions and answers for you to explore further:
Below is a screenshot from one of CFI’s online analyst training and certification courses, offered 100% online.
To learn How to Build an Excel Model step-by-step, click on the image below.