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About Wall Street Prep
Learn the Building Blocks of the Cash Flow Statement
In this video, we’ll build a cash flow statement model given an income statement and balance sheet in Excel.
The accounting here is a simplified presentation of how the three major financial statements are interrelated and lays the foundation of financial statement models in investment banking.
Many accounting questions that we see time and again in finance interviews are designed to test the understanding explained in this exercise.
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Please send me the Excel document models you use in your tutorials.
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Great resource, thanks for sharing your expertise 😉
Does this not double-count Depreciation? Once in the early add-back for D&A and once in accounting for Cash from Investing?