financial-modeling-review

Vocabulary Word

Definition
Think of 'financial modeling review' as examining a detailed financial plan or projection created for a business or investment. It's like doing a spellcheck on your budget calculations.
Examples in Different Contexts
In audit and compliance, 'financial modeling review' ensures that financial models comply with regulatory standards and internal policies. An auditor might state, 'Our financial modeling review confirms that the model meets all compliance requirements.'
Practice Scenarios
Business

Scenario:

I've just finished the latest operational costings. They're a lot higher than I expected, we need to reconsider our budgeting stance.

Response:

Absolutely, a financial modeling review could help us to pinpoint where our estimates are going awry.

Investment

Scenario:

Pitch deck of this new startup seems impressive but I have some concerns about their revenue projections. We need a deeper analysis before we move forward.

Response:

Agreed, let's conduct a thorough financial modeling review on their revenue and cost projections before any commitment.

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