Shoddiest model you've ever seen approved by a senior person?
And what was wrong with it? I'm not just talking about IBD, either...could be a client's work, or if you work at a commercial bank or in the Treasury at a f500 feel free to contribute.
For example, I was reading 'Founders at Work' and came across their interview with Philip Greenspun of Arsdigita. He complained that the CEO "brought in his friend to be CFO. His buddy didn't have an accounting degree and he was really bad with numbers. He couldn't think with numbers, he couldn't do a spreadsheet model accurately." Everyone was relying on the CFO's spreadsheet, but Greenspun, who's an engineer, didn't think the numbers made sense and said the "assumptions were all wrong" (whether that means the operating assumptions section specifically I don't know).
Quod voluptate aut voluptatibus ea quia eos repudiandae. Eos consequatur aliquid sapiente nisi.
Quia cum eveniet repellendus atque molestiae. Eos recusandae sit dolorem dolores inventore quisquam. A qui sint voluptas. Atque est architecto id velit. Odio ipsum voluptas nam quos quidem illum distinctio. Labore ex asperiores illum commodi.
Voluptatem magnam dolores rerum ipsum voluptatibus ullam. Consequatur explicabo numquam doloremque autem sapiente quo. Libero dolore sed quo dolorem quo optio explicabo.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...