Introduction to Financial Modeling

Learn to build a simple integrated financial statement model.

4.20 (9946 reviews)
Financial Modeling & Ana
Introduction to Financial Modeling
1.5 hours
Mar 2024
last update
regular price

What you will learn

Learn to build a simple financial model.

Understand how the three primary financial statements relate to each other.


This course will teach you how to use two years of historical income statement data and two years of historical balance sheet data to build a fully integrated financial statement model. It is designed for those new to financial models.

Section 1 will introduce the accounting equation and the three primary financial statements in the context of building a financial model. The content starts with the accounting equation, which is the single most important concept in accounting. The remaining three videos introduce the financial statements one at a time with a focus on the relationships that are important as you build financial models.

All of the material is provided via video-driven instruction with notes in pdf format to help follow along.

Section 2 will walk through integrating the three primary financial statements and creating a five-year projection. The first video provides a quick overview of the process. It is an easier process to grasp if thought of as a series of steps. It will also make it easier to measure progress as you work through the longer video. The video in Lecture 2 will walk you through the process of building the model cell by cell.

Because you are walking through the entire process of building a model, the video in Lecture 2 runs long: 35 minutes total. My advice would be to download the excel template attached to this lecture and build the model as the video progresses. Building the model yourself is the best way to fully understand the process.

In my opinion, if you want to build a strong financial modeling skill set, a thorough understanding of how an integrated financial statement model works is one of the most important things you can learn.

The last video in this section will explain circular references and how to fix broken models. It can be incredibly frustrating to finish a model and realize that it does not "balance." This video will help avoid that frustration.

I hope the content is useful to you! Please feel free to email me ( with any feedback.

Note: The longer video has some white noise in the background that I am having edited out. I hope to have a cleaner audio file up soon. Thanks for your patience!



Introductory Video

Introduction to Financial Statements (For Financial Models)

The Accounting Equation
Balance Sheet
Income Statement
Cash Flow Statement

Building an Integrated Financial Statement Model

Overview of the Process
Building the Model
Broken Models & Circular References


November 11, 2023
This course is like a boring lecture given by universities boring processor. Also files are not properly uploaded. One same file attached with 4 modules. There isn't a single excel file for help. Some can't be downloaded.
July 20, 2023
Thanks for the details explanation. It;s quite useful. However, could you let know from where can I download this integrated spreadsheet model. Best Regards Roni
July 17, 2023
It provides the basic of accounting and also how to read financial statement . It is good match for me
July 16, 2023
anlatan kişi sanki konuyu makineli gibi anlatıyor. özümseyip anlamaya çalışmak için vakit yok. fazla hızlı bir anlatım var.
June 20, 2023
THE EXPLANATION IS POOR AND NEEDS IMPROVEMENT . Rest the content and the excel part is all good . The explanation of financial statements and it’s types has been done clearly .
June 15, 2023
It is really good! I worked the calculations side by side by downloading the resources. It helped me a lot. As I'm new to finance, I struct at many points as what it means and why this formula is.
June 8, 2023
This was exactly what I was looking for to describe how the IS, BS, and CFS link together. The videos go step by step.
June 6, 2023
It is extremely well-planned with engaging materials. What impressed me the most about this course is the quality of the videos.
May 20, 2023
To be honest this video provoke me to do more leaning about accounting and finance. Its good if you are here for theoretical learning but if you are here for practical purpose also you need to find financial model template from google which I don't like in this course they should provide financial model for practice purpose at least so that people can learn more.
February 17, 2023
till now, the experience is good, i like the way the tutor is explaining small concepts . it appears to me as interactive.
December 22, 2022
Basic accounting formula explained very well. Assets = Liabilities + Shareholder’s Equity. Balance Sheet is a representation of the accounting equation.
November 20, 2022
Insightful. As a novice, this gives a clear perspective of how the Financial statements are linked to each other. Gives a good perspective.
September 20, 2022
it is ideal for someone who already has a background in finance or accounting. The instructor was rushing
August 29, 2022
For me, this course is good to understand easily the fundamental knowledge about Financial Statements and Financial Models
July 24, 2022
Where is the course material? So resources are zipped in a so complicated manner and all useless. Need excel used in the course.



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