Читать книгу See-Through Modelling - Dominic Robertson - Страница 18

The financial statements of a strategic operating model contain the perfect mix of actuals plus forecast – past, present and future. This is crucially important for full and easy company reporting.

Operating models have two sets of distinct inputs: actual historic values and future forecast assumptions. The combination of these two input sets produces results in the form of financial statements with a mix of actuals and forecast. This means that the forecast is being reassessed every time a new set of actuals is added to the operating model, providing the model with a firm foundation in reality.

The vast number of UK PFI projects and the single-minded focus of these projects has opened our eyes to how useful an operating model is. To date, I have not come across a modelling project that would not benefit from a future seeded by the past – from debtor and creditor levels, to growth factors for individual revenue streams.