ModelAuditing

By: Corporate Excel Training  11-11-2011
Keywords: Excel Training, Spreadsheet, Core Competence

Model Auditing


A core competence of Corporate Excel Training relates to the auditing/ reviewing of complex spreadsheet models. The building of models has been at the heart of the company's activities for many years and collectively the model developers have more than 100 years of modelling experience spanning a wide variety of industries. As a result they have a clear understanding of what constitutes a good model and where possible risk areas can exist. Furthermore, by utilizing , an automated spreadsheet review tool, they are able to more effectively and efficiently analyze spreadsheets to identify risk areas. Successful financial model auditing requires a unique blend of corporate financial and accounting knowledge, combined with advanced Excel spreadsheet skills, and detailed knowledge of Spreadsheet Professional. The processes used are all based on accepted techniques within the big four accounting firms and used to confirm bankable feasibilities. A knowledge of the particular industry is clearly helpful, but this can be overcome by working closely with the model developer and industry specialists. . Below is a diagram showing a typical spreadsheet audit process using Spreadsheet Professional software. For more information please .

Keywords: Core Competence, Excel Spreadsheet, Excel Training, Financial And Accounting, Spreadsheet

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