What is FAST?

Both FAST Business Forecasting and Financial Modelling adhere to the FAST Modelling Standard’s set of rules; ensuring delegates on our training courses become skilled at all the techniques that make business forecasting and financial modelling a swift, reliable and rigorous process.

What is the FAST Modelling Standard?

The FAST Modelling Standard is a set of rules on the structure and detailed design of spreadsheet-based financial models.

This set of rules provides:

  • A clear route to good model design for the individual modeller, and;
  • A common style platform on which modellers and reviewers can rely when passing models amongst themselves.

FAST stands for:

FLEXIBLE Forecast design and forecasting techniques are adapted easily and quickly when new information becomes available.

ACCURATE Forecasts reflect key business assumptions directly and faithfully without being over-built or cluttered with unnecessary detail.

STRUCTURED Rigorous consistency in layout and organisation retaining a forecast’s logical integrity over time, even if a forecasts author may change.

TRANSPARENT Our forecasting approach is founded on simple, clear calculations that can be understood by other forecasters and non-forecasters alike.