Comments on: Peter Weatherston – Financial model audits at Corality http://www.fimodo.com/2010/01/peter-weatherston-%e2%80%93-financial-model-audits-at-corality/ Financial Modelling Experts sharing their knowledge Thu, 08 Jul 2010 20:23:15 -0700 http://wordpress.org/?v=2.8.2 hourly 1 By: Bash B http://www.fimodo.com/2010/01/peter-weatherston-%e2%80%93-financial-model-audits-at-corality/comment-page-1/#comment-301 Bash B Mon, 18 Jan 2010 12:07:06 +0000 http://www.fimodo.com/?p=740#comment-301 Hi Faith: I can attest to the quality of the Navigator PF training programmes as I recently completed an in-house version in Lagos, Nigeria. Also, to emphasise Rickard's point, you need to know how to properly build a financial model in order to be able to audit one. Whereabouts in Lagos are you? ~ Bash B Hi Faith:

I can attest to the quality of the Navigator PF training programmes as I recently completed an in-house version in Lagos, Nigeria. Also, to emphasise Rickard’s point, you need to know how to properly build a financial model in order to be able to audit one.

Whereabouts in Lagos are you?

~ Bash B

]]> By: Rickard Wärnelid http://www.fimodo.com/2010/01/peter-weatherston-%e2%80%93-financial-model-audits-at-corality/comment-page-1/#comment-298 Rickard Wärnelid Thu, 14 Jan 2010 01:15:46 +0000 http://www.fimodo.com/?p=740#comment-298 Hi Faith, There is a significant difference in the skill set required for external audit and financial model audits. I think you were off to a good start by attending a project finance course in London, however I would recommend you to also attend formal training in how to build and sensitise a project finance model as it is a very specific area of expertise. There are a number of companies who could assist you with this including Navigator Project Finance, Financial Mechanics, Euromoney and Terrapinn At Corality we make sure that our analyst all participate in Navigator Project Finance’s project finance modelling suite (Project finance modelling (A+B), Debt Modelling Masterclass) which is followed by the International Project Finance (probably similar to the course that you have already attended. Increased confidence in how to construct project finance models is invaluable when it comes to understanding and auditing external models. www.navigatorPF.com www.fi-mech.com Hope it helps, Rickard www.corality.com Hi Faith,

There is a significant difference in the skill set required for external audit and financial model audits. I think you were off to a good start by attending a project finance course in London, however I would recommend you to also attend formal training in how to build and sensitise a project finance model as it is a very specific area of expertise. There are a number of companies who could assist you with this including Navigator Project Finance, Financial Mechanics, Euromoney and Terrapinn

At Corality we make sure that our analyst all participate in Navigator Project Finance’s project finance modelling suite (Project finance modelling (A+B), Debt Modelling Masterclass) which is followed by the International Project Finance (probably similar to the course that you have already attended. Increased confidence in how to construct project finance models is invaluable when it comes to understanding and auditing external models.

http://www.navigatorPF.com
http://www.fi-mech.com

Hope it helps,
Rickard
http://www.corality.com

]]> By: FAITH http://www.fimodo.com/2010/01/peter-weatherston-%e2%80%93-financial-model-audits-at-corality/comment-page-1/#comment-297 FAITH Wed, 13 Jan 2010 08:40:29 +0000 http://www.fimodo.com/?p=740#comment-297 I JOINED A PPP IN NIGERIA FROM DELOITTE 12 MONTHS AGO. ALL THROUGH MY WORKING LIFE I HAVE BEEN AN EXTERNAL AUDITOR BUT NOW I AM IN INTERNAL AUDIT. THE COMPANY IS A START UP AND I THOGUHT I COULD EASILY LEARN WHAT THEY DO BY ATTENDING A FEW SHORT TEM COURSES SO OFF TO LONDON I WENT FOR A PROJECT FINANCE TRAINING COUSE FOR 3 DAYS ALTHOUGH I WAS ABLE TO UNDERSTAND WHAT EACH PARTY IN THE COMPANY SET UP REPRESENTS BY THE END OF THE FIRST COURSE DAY BUT I REALISED THAT THIS TYPE OF COURSES WILL NOT HELP ME UNDERSTAND FINANCIAL MODEL WHICH I WILL NEED TO BE DOING AS THE PLAN IS TO DEVELOP OTHER PROJECTS AFTER COMPELTING AND COMMISSIONING THE ON-GOING ONE. PLEASE ADVISE ON HOW I CAN KNOW FINANCIAL MODEL AUDIT. THANKS A LOT. I JOINED A PPP IN NIGERIA FROM DELOITTE 12 MONTHS AGO. ALL THROUGH MY WORKING LIFE I HAVE BEEN AN EXTERNAL AUDITOR BUT NOW I AM IN INTERNAL AUDIT. THE COMPANY IS A START UP AND I THOGUHT I COULD EASILY LEARN WHAT THEY DO BY ATTENDING A FEW SHORT TEM COURSES SO OFF TO LONDON I WENT FOR A PROJECT FINANCE TRAINING COUSE FOR 3 DAYS ALTHOUGH I WAS ABLE TO UNDERSTAND WHAT EACH PARTY IN THE COMPANY SET UP REPRESENTS BY THE END OF THE FIRST COURSE DAY BUT I REALISED THAT THIS TYPE OF COURSES WILL NOT HELP ME UNDERSTAND FINANCIAL MODEL WHICH I WILL NEED TO BE DOING AS THE PLAN IS TO DEVELOP OTHER PROJECTS AFTER COMPELTING AND COMMISSIONING THE ON-GOING ONE. PLEASE ADVISE ON HOW I CAN KNOW FINANCIAL MODEL AUDIT.

THANKS A LOT.

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