by Mike Shallcross | Jul 27, 2007 | News
Version 5.0 is the first full version of Rainbow to include the Cell Inspector, an interactive function which displays the precedents and dependents of the currently selected cell, and also provides a best-guess description of the meaning of each cell. It will take...
by Mike Shallcross | Jul 19, 2007 | Modelling
Many studies over the past ten years have shown that up to 90% of models contain significant errors. Generally these errors go undetected, but there have been some well-publicised cases where they have resulted in financial loss and embarrassment. For example, an...
by Mike Shallcross | Jul 18, 2007 | Modelling
The hallmark of a good model is that it is clearly laid out and easy to understand, so minimising the possibility of errors such as that mentioned above. Some key steps to achieving this are: Design, then develop, then test Separate the inputs from the calculations...
by Mike Shallcross | Jul 17, 2007 | Modelling
There are many issues that can present a challenge in modelling. Discussion of these can be found at some of the websites listed on our Links page, and there are also many books covering spreadsheet software packages, although these tend to focus on technical points...
by Mike Shallcross | Jul 9, 2007 | Track record
Mike worked at KPMG from 1982 until 1999, initially as a tax specialist and then as a financial modelling consultant. From 1996 to 1999 he was a Principal Consultant responsible for developing KPMG’s London-based financial modelling service. During this time he...
