Financial Model Review Checklist
Financial Model Review Checklist
Cheat SheetFinancial Model Review Checklist
A compact pre-release review for formulas, accounting, scenarios and presentation.
Structure
- Purpose and decision question stated
- Inputs, calculations and outputs separated
- Units, dates and scenarios labelled
- Version and reviewer recorded
Logic
- Historical statements reconcile
- Balance sheet and cash checks pass
- Debt and interest link correctly
- Tax, working capital and capex schedules link
- No unexplained hardcodes in formula blocks
Decision quality
- Downside case tested
- Key sensitivities presented
- Covenant/liquidity thresholds shown
- Limitations and judgment areas disclosed