http://www.fimodo.com/2009/07/why-your-last-financial-model-audit-was-so-expensive/ Financial Modelling Experts sharing their knowledge Tue, 07 Sep 2010 03:57:53 -0700 http://wordpress.org/?v=2.8.2 hourly 1 http://www.fimodo.com/2009/07/why-your-last-financial-model-audit-was-so-expensive/comment-page-1/#comment-220 Jonathan Klimt Mon, 07 Dec 2009 05:48:50 +0000 http://www.fimodo.com/?p=190#comment-220 The most common discussion before engaging a finanical model auditor is the fee and this article gives some good tips on how to manage the cost. My company recently completed a financial model audit for an infrastructure project and due to the lack of experience of the financial analyst (I wasn't involved at this stage) and the lack of guidance from the accounting firm resulted in a very large fee and no improvements to the model. I wish my colleague would have read this before the project started. The most common discussion before engaging a finanical model auditor is the fee and this article gives some good tips on how to manage the cost. My company recently completed a financial model audit for an infrastructure project and due to the lack of experience of the financial analyst (I wasn’t involved at this stage) and the lack of guidance from the accounting firm resulted in a very large fee and no improvements to the model. I wish my colleague would have read this before the project started.

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