Practical Financial Modelling

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.