# Check a financial model for errors before it goes to leadership

A structured model review that finds formula errors, broken logic, and weak assumptions before anyone relies on it.

- Topic: Finance & Accounting
- Framework: RTF
- Level: Standard
- Tags: Finance, Leadership, Analyze, Plan, Fill-in Template
- Source: https://www.thinkwithprompt.com/prompts/check-a-financial-model-for-errors-before-it-goes-to-leadership

## Prompt

```text
Review my financial model for errors and weaknesses.

**Purpose of the model:** [e.g. "3-year plan for board", "acquisition model", "pricing model"]
**Structure:** [DESCRIBE tabs and flow - inputs, calculations, outputs]
**Key formulas or sections:** [PASTE formulas, or paste tabs as tables with cell references]
**Known concerns:** [anything I am unsure about]

Check for:
1. Mechanical errors: hard-coded numbers in formulas, inconsistent formulas across a row, wrong ranges, circular references, sign errors, mixing units (thousands vs. units, monthly vs. annual).
2. Integrity: does the balance sheet balance, does cash reconcile to the cash flow statement, do subtotals foot?
3. Logic: timing (annual vs. monthly), growth compounding, double-counting, tax and depreciation treatment, working capital direction.
4. Assumptions: any that look out of line with history or benchmarks I have provided.
5. Usability: inputs clearly separated, labeled units, version and source notes.

Return:
- An issues log: # | Location | Issue | Severity (high/medium/low) | Suggested fix.
- The top 3 issues that could change a decision.
- A list of standard checks (balance check, cash proof, totals) to add to the model.
- Questions I should answer before sharing.

Only review what I paste. If you cannot see a cell or formula, say so rather than assuming it is correct.
```

## What to fill in

- DESCRIBE tabs and flow - inputs, calculations, outputs
- PASTE formulas, or paste tabs as tables with cell references
- anything I am unsure about

Free to copy and use. From ThinkWithPrompt (https://www.thinkwithprompt.com/), a library of 2,663 curated AI prompts.