What are the key points in financial modeling?

·         1st of all I think the model should be as parametric as possible & enables you to change all results & output by changing each of Macro/Micro parameters such as growth, Interest, inflation etc  rates.

·         The model shouldn't have any error while running & it should have an understood able structure with a sheet including definitions & changeable parameters. Separating Opex, Capex, Balance sheet, Revenue etc in different sheets may help this

·         Simplicity is a must, using less formula, less Macros & showing step by step calculation may help this item.

·         The model should have self tester which would let you know where you have wrong inputs or wrong calculations (such as True tests in balance sheets)

·         Many other small & big considerations !

Financial Modelling primarly cover simple sheets and datawhich is added up to sophiscated models in which the financial analyst have the flexibility to change the input and see desire results.