Accounting & Finance
Knowledge of accounting and finance is a requirement for any finance professional. Below we provide a variety of free articles and lessons to get you up to speed fast.
Accounting & Finance Must Reads
Guide to Balance Sheet Projections
Imagine that we are tasked with building a 3-statement statement model for Apple. Based on analyst research and management guidance, we have completed the company’s income statement projections, including revenues, operating expenses, interest expense ... Read More
Guide to Forecasting the Income Statement
Forecasting the income statement is a key part of building a 3-statement model because it drives much of the balance sheet and cash flow statement forecasts. In this guide, we address the common approaches to forecasting ... Read More
How to Build an Integrated 3 Statement Financial Model
An integrated 3-statement financial model is a type of model that forecasts a company’s income statement, balance sheet and cash flow statement. While accounting enables us to understand a company’s historical financial statements, forecasting ... Read More
Quick Lesson: Cash Flow Statement, Part 1
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 ... Read More
A key part of financial modeling involves forecasting the balance sheet. Working capital refers to a specific subset of balance sheet items. The definition of working capital (shown below) is simple: Working capital = Current ... Read More
The Wall Street Prep Quicklesson Series
7 Free Financial Modeling Lessons
Get instant access to video lessons taught by experienced investment bankers. Learn financial statement modeling, DCF, M&A, LBO, Comps and Excel shortcuts.