Financial modelling

Financial modelling 

Helping to support your financial decision-making process

RSM’s experienced team can develop new tools to support your decisions, provide independent assurance over your financial models, and give your staff the training they need. Financial models and analyses, in all their forms, play a crucial role in supporting corporate decision making and communication. At RSM we have a top-class financial modelling team, helping to give our clients more confidence in their decision making.

Model development services

We can help with your financial modelling and analytical needs, from basic cash-flow forecasting and strategic planning, through complex transactional and bid support models, to data analytics. This can be done by developing new models, as well as rebuilding existing tools.

Examples include:

• Cash flow forecast models - essential for fund raising, business planning, risk-management, and stakeholder communication.
• Strategic planning tools - helps businesses quickly analyse the financial impact of their strategic plans; respond to fast changing circumstances; and rapidly evaluate multiple options.
• Transaction and deal models - able to adapt at deal pace to changing demands as the shape and nature of a transaction evolves, enabling you to retain focus on the critical commercial decisions.
• Budget/monitoring models - a well-built model can help you gather and consolidate budget information efficiently.

Health check report

We have developed a spreadsheet health check tool to evaluate application of best practice techniques. This is particularly beneficial for regular users of complex spreadsheets in business, or companies that use a high volume of Excel spreadsheets in their financial reporting processes, as it can help identify potential areas of risk in the model.

The health check report includes: 

• risk assessment diagnostic tests to evaluate a given spreadsheet against generally accepted best practice principles and risk indicators;
• a standard set of tests using a range of software add-ins and spreadsheet review tools; and
• the production of a key findings report using graphical analysis, charts and grids to highlight potential risk areas, before providing simple recommendations for remedial actions.

Financial modelling training and best practice

We provide financial modelling and model review training, from formal classroom-based training to coaching and informal workshops. Training is delivered by our experienced team and is structured to comply with best practice principles. Our team authored the financial modelling best practice guideline for the ICAEW’s corporate finance faculty, providing a practical guide to financial modelling best practice which has set the industry standard.