WIECAN Lunch & Learn: Project Finance Modelling

WIECAN, in collaboration with Mazars, a global authority on best practice financial modelling, is proud to present a Lunch & Learn Project Finance Modelling session "Top 10 Errors in Financial Models (and how to fix them)" held in conjunction with McCarthy Tétrault.

This session is put together based on Mazars’ experience in delivering financial model audits and financial model build mandates globally. It will be of most interest to those who “inherit” financial modelling following financial closing, acquisition or after a refinancing transaction, and need to quickly become familiar with their structure, functionality, limitations and be able to troubleshoot issues should these arise.

This session aims to highlight the areas of a financial model where higher risks of error are found. Specific examples and proposed alternative approaches which reduce the risk of error will be provided. Some of the areas of financial modelling which will be discussed include:

Errors arising in stub periods, refinancing & interest calculations
Common errors and how to spot them
Financial modelling of Term Sheets
Financial Statements, in particular ‘how incorrect balance sheets are made to balance incorrectly’
Negative balances on accounts, including cash, tax, debt, GST, VAT, etc.
Unused assumptions and the potential impact on calculations
Sloppy fingers late at night vs ‘the log sheet’
Off-sheet references gone wrong