Why Take This Course?

Mastering the modeling of the three core financial statements—Income Statement, Balance Sheet, and Cash Flow Statement—is an essential skill for professionals in investment banking, corporate finance, and managerial accounting. This type of model allows for a comprehensive evaluation of a company's financial health, strategic scenario planning, and detection of structural errors in financial forecasting.

Participants will also learn how to properly structure the balance sheet as an error control system, build detailed debt and equity schedules, and manage model circularity using safety mechanisms. By the end of the course, you'll have a professional dashboard summarizing key business indicators to support decision-making.

Learning Methodology

  • Full model development in Excel with step-by-step instructions
  • Detailed explanations on capital structures, flows, and circularity
  • Application of advanced formulas and use of supporting schedules (corkscrews)
  • Professional visualization with dashboards and presentation-ready reports
  • Error verification using model checks and conditional formatting
  • Includes downloadable templates, solved exercises, and complementary materials

Academic Development

Learning Objectives:

  • Design a professional financial model structure integrating the three core statements
  • Build separate schedules for debt and equity (corkscrews), including a dynamic credit line
  • Properly link the income statement, cash flow, and balance sheet
  • Analyze and manage the two typical circularities (interest and ending cash balance) using a circularity switch
  • Summarize results in an executive dashboard with key charts
  • Implement model checks to ensure robustness and consistency

Who Should Attend?

This course is especially designed for:

  • Financial analysts and FP&A professionals
  • Professionals in investment banking, equity research, and private equity
  • Financial and accounting consultants
  • Strategic planning and corporate development teams
  • Advanced finance students seeking specialization in professional modeling

Prerequisites

  • Fundamentals of Financial Accounting
  • Technical skills required:
  • Intermediate Excel proficiency
  • Basic understanding of financial flows and accounting structures

Post-Certification Profile

Upon completion, participants will be able to:

  • Build and audit a fully integrated financial model in Excel
  • Identify structural errors through cross-validation of statements
  • Understand how income, capital, and financing flows are integrated
  • Generate professional deliverables ready for presentation to management, boards, or investors
  • Apply circularity logic with control tools to prevent inconsistencies