Why won’t my financial model balance?

The creation of a best practice financial model can be both time-consuming and immensely challenging. Although it is important to create a credible forecast or plan, the financial modeler must ensure the financial model is correct and not out of balance. There are some basic things to always consider when composing a financial model for a client or internal purposes.

Worst Practice Financial Modelling – Basic Practical Tips

There is a lot discussed about the importance of best practice financial modelling. However financial professionals need to be aware of what constitutes the opposite; a worst practice financial model and how it can be transformed into one that is deemed best practice.