Practical Financial Modelling: The Development and Audit of Cash Flow Models

Practical Financial Modelling, 3e, is an audit/quality book on model development. With directness and simplicity it uses realism to improve the modeling process. It emphasizes audits, controls, checks of models for accuracy, and reliability. New content on validation and verification, model use, and sensitivity analysis is presented through a top-down approach to illuminate the modeling process. This book isn't about the details of building cash flow models. It's about building better cash flow models. Entirely compliant with Sarbanes-Oxley, it provides more details than other books yet is general enough for applying its methodology to many applications. This new edition increases the number of case and studies and introduces new material on validation and verification, model use, and sensitivity analysis.Teaches the developer how to choose between tools that protect from herself and costly/time consuming techniques. The inputs/workings/outputs structure is endorsed by the Institute of Chartered Accountants of England and Wales and by the UK Treasury Macpherson Report. INDICE: 1. Model Structure2. Quality Control3. Mainly Formulas4. Mainly Functions5. Model Use6. Sensitivity Analysis and Scenarios7. Model Audit and Review8. Automation

• ISBN: 978-0-08-100587-3
• Editorial: Butterworth-Heinemann
• Encuadernacion: Rústica
• Páginas: 350
• Fecha Publicación: 01/09/2015
• Nº Volúmenes: 1
• Idioma: Inglés