Building a Financial Model - Use Cell Maps to Detect Errors

Building a Financial Model – Use Spreadsheet Cell Maps to Detect Errors

When building a financial model, using cell maps at various points in the spreadsheet can quickly help identify cells that have been wrongly copied in a financial modeling project.

For instance, a cell map may help a good financial analyst quickly identify a constant in an array of calculation formulas on a spreadsheet, thereby alerting the financial analyst that a calculation formula has been pasted incorrectly.

Look at the illustration for an example of a spreadsheet cell map.

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[...] talked about spreadsheet cell maps before, and this is the technique for putting it in practice in a financial modeling assignment. [...]