Three Statement Modeling
Master financial modeling through comprehensive lessons and hands-on exercises
Financial Modeling Lessons
Learn the fundamentals before building your model
Phase 1: Foundations
Core structure and logic of the model
Model Overview & Structure
Architecture, golden rules, and statement linkages overview
Income Statement Modeling
Revenue build-up, COGS, SG&A, EBITDA and Net Income logic
Balance Sheet Modeling
Assets, liabilities, equity structure, and retained earnings flows
Cash Flow Statement Modeling
Operating/Investing/Financing flows and linking Net Income
Three-Statement Integration
Connecting IS→CFS→BS, handling circularity and error flags
Three-Statement Recap & Interview Prep
Step back and connect the three statements into one story
Phase 2: Core Schedules
Supporting schedules that make the model real
Phase 2 is a Pro & Elite feature
Upgrade to unlock the core schedules that turn your model into a full IB-ready build.
Depreciation & CapEx Schedule
PP&E roll-forward, CapEx drivers, and depreciation methods
Working Capital Schedule
AR, AP, Inventory drivers with DSO/DPO/DIO metrics
Debt & Interest Schedule
Revolver, term loans, bonds, and interest calculations
Model Linkage & Circularity Resolution ⚙️
Integrating interest and depreciation feedback loops with iteration techniques
Equity Schedule
Retained earnings roll-forward, dividends, buybacks, and issuances
Tax Schedule & Deferred Taxes
Effective vs statutory rates, NOLs, and DTAs/DTLs integration
Interactive Modeling Exercises
Apply what you've learned by building real financial models with AI-powered feedback
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