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Financial and Data Modeling
Data and the structural representation or modeling of such data is a fundamental
element in decision making. The use of spreadsheets as a modeling tool is
particularly prevalent. Spreadsheets are popular because they are available on
every desktop and offer users flexibility and a perception of control. However,
spreadsheets are also prone to errors as users often do not apply or are not
aware of methodologies or techniques to reduce errors. Undetected, these errors
can seriously impair the business decisions of our clients. IT Advisory(ITAS) offers a number of services to help mitigate and manage
these risks.
Although financial models can be key to investment decisions or day-to-day
management, businesses typically do not devote sufficient resources or have
adequate controls to reduce the risk of error. The financial modeling services of
KPMG in India aim to assess and enhance the quality and reliability of financial
models, thereby helping to improve the overall quality of decision-making and
likelihood of a successful outcome
What We Do
The IT Advisory team offers the following services:
Model building
KPMG in India has trained and experienced financial modelers who can help
clients design, specify, and build reliable models that meet specified business
objectives.We have worked with a variety of clients to produce financial models
supporting bids, bid defense, working capital forecasts, business plans, mergers
and de-mergers, acquisitions, and re-structuring and re-financing transactions.
Model reviews
Using proprietary methodologies and tools, we help assess whether models
used by lenders, investors, project sponsors, regulatory bodies and other
stakeholders are fit for the purpose and produce reliable results.We work
together with other KPMG, India teams in Transaction Services and Corporate
Finance to ensure that models supporting deals and transactions are robust and
largely error-free.
Data modelling and analysis
We can help clients manage their data modeling requirements, from defining the
data strategy to implementing the technical solutions necessary to collate and
structure data, map data flows and generate required outputs for meaningful and
effective decision-making.
Potential benefits
- Provides tactical, short-term solutions for meeting new and demanding management
information requirements
- Provides a structured approach and methodology for modeling data providing quality
and accuracy in the outputs of the data model
- Improved quality and efficiency in providing a financial audit opinion
- Provides continuous monitoring of transactions and controls to help management
and auditors bring about integrity appropriateness
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For further details contact us
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