Authors: Rihab Alzubaidi
Addresses: Department of Economics and Management, Westfield State University, P.O. Box 1630, 577 Western Avenue, Westfield, MA 01086-1630, USA
Abstract: These researches discuss the importance of spreadsheets for modelling financial analysis ratios, and then describe the efficient way to convert the mathematical form for the financial analysis ratio to Visual Basic Code. Using Visual Basic programming can generate different models which have been selected for different financial analysis aspects. Recent research has highlighted the use of customised Excel spreadsheets to support financial statement analysis processes using the user-defined function in an attempt to reduce the incidence of such user design function errors. In addition I support each model by using the macro technique to add a description to each model to provide the user with enhanced meaning. The research methodology is that spreadsheets today contain built-in analytical capabilities previously unavailable in a single package. The real power of spreadsheets becomes obvious when formulas are used. Formulas will enable us to convert the data that we have entered into useful information.
Keywords: spreadsheet modelling; modelisation; Excel; user-defined function; financial analysis ratios; financial statements; formulas.
International Journal of Economics and Accounting, 2014 Vol.5 No.3, pp.216 - 228
Received: 08 May 2021
Accepted: 12 May 2021
Published online: 01 Feb 2015 *