Financial models represent the anticipated performance of a business, simplifying real-world business situations into predictive numbers. They translate a set of assumptions about how a business and its markets will behave into numerical forecasts.
Since financial models are almost always company-specific, they are typically spreadsheet-based.
The key takeaway from past modelling mistakes is that human judgment and a solid understanding of basic economic principles are more critical in avoiding errors than increasing the complexity of analytical techniques. A modeller’s ability to structure models that are robust, flexible, accurate, and transparent, as well as to analyse and forecast business performance, assess the uncertainty of future economic variables (such as demand, exchange rates, inflation, and technology), perform risk analysis, and apply advanced spreadsheet techniques, accounting principles, and a business perspective is essential.
With over 20 years of experience in financial modelling, Tunga Watt, CFA, Founder of Tun Consult, is a seasoned expert in crafting advanced financial models. Tunga’s advanced spreadsheet skills, strong accounting background, and keen business perspective are core strengths that enable her to create sophisticated yet practical models that align with a company’s financial and strategic goals. Her deep understanding of macroeconomics, industry trends, financial risk analysis, and accounting principles has helped her deliver customised financial models for businesses, investors, and financial institutions across various sectors. Tunga combines her technical expertise with a business-focused approach to drive strategic decision-making, optimise resource allocation, and support sustainable business growth.
Tunga also brings significant expertise in reviewing financial models for completeness, reasonability, and accuracy, ensuring they meet the highest standards of reliability and precision.
Whether it’s assessing the viability of large-scale investments, designing capital structures, or evaluating business performance, Tun Consult offers a unique blend of technical proficiency, accounting expertise, business insight, and strategic thinking, empowering clients to make well-informed and confident decisions in today’s ever-evolving financial landscape.