With the term “Finance covenants” we often encounter it in contractual documentation in the field of finance. It frequently appears in loan agreements (bank vs. company), prospectuses for bond...
Consolidation of Financial Statements/Monthly Reporting – Automatic Processing in Excel/SQL – Part 1
The aim of this article is not to extensively describe the consolidation of financial statements from a theoretical perspective but to demonstrate how to automate the preparation of consolidated...
Most calculations in the area of financial mathematics are relatively easy – for example, to calculate an annuity payment, interest rate or target amount value with regular deposits. However,...