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Color coding allows anyone to immediately pick up your model and know what can be changed (assumptions) and what should not be altered (formulas) Yes, you
Provide keys to colour coding, abbreviation, named ranges, and functions Keys are crucial to make the model easy to understand Standardising the use
Color code inputs values and key variables and lock formula cells, especially if used by third party • All statements should be protected • Statements and
Colors help model users to quickly identify the purpose of each worksheet Use a consistent color for each sheet type Different types of outputs to have
Financial modeling is the construction of spreadsheet models that illustrate To set the color-theme for your Excel sheet you have to go to excel ribbon,
(usually color-coded) and Microsoft Excel® features such as controls, custom menus (User Forms), and macros Dynamic models are typically robust,
strategy is to cluster and color code all the input cells of a model and protect and hide everything else in the workbook There is less need to protect VBA