2 day duration An accurate and flexible financial model is a critical component of a...
Tafe NSW - Strategy modelling
Tafe NSW – Strategy modelling
Delivering better reporting and forecasting within a regulatory reporting system
TAFE NSW is Australia’s largest vocational education and training provider owned by the Government. Annually, the network trains over 500,000 students in campus, workplace, online, or distance education methods of education.
TAFE NSW business has undergone significant changes over the past years. Currently it has a “One TAFE” initiative – large portfolio of modernisation programs to be implemented over the next few years.
How Mazars supported the client
- TAFE NSW engaged Mazars to develop a driver based, operational model allowing Management to prepare and analyse detailed forecasts of the consolidated business and various revenue streams in several analytical facets
- The model was developed to hold several different scenarios, understand and measure their impact on business
- Mazars continues to work with TAFE NSW by providing on-going financial modelling support.
Rickard Wärnelid Partner, Sydney
Rickard is the global head of Mazars Financial Modelling, developing financial modelling training programs all over the world. Prior to his +15 years with Mazars/Corality, he worked in Project Finance, Quantitative Fixed Income/Risk, VBA development and served in the Swedish air force. Rickard's academic background is in Physics (Stockholm) and Finance (Sydney).