Corporate Finance Institute
3-Statement Modeling
- Overview
- What You'll Learn
- Career Programs
- What Students Say
- FAQ
Overview
3-Statement Modeling Course Overview
Being able to construct and balance a 3-Statement Modeling is a critical skill for many roles in accounting and finance. Including an income statement, cash flow statement, and balance sheet helps to assess the financial health of a business. Connecting the balance sheet correctly can also help by adding an error detection system to highlight issues with the financial model.
This course discusses model circularity in detail beginning with the advantages and disadvantages of building circular models. We review the two circular loops in the model and walk through the necessary steps to install a circularity switch. Important figures from the financial statements are summarized on an attractive model dashboard. We also review important print settings used to format the model as a polished financial presentation.
3-Statement Modeling Learning Objectives
Upon completing this course, you will be able to:
- Review the best way to design 3-Statement Modeling, which have been prioritized for presentation and printing.
- Use separate corkscrews to build debt and equity schedules, including detailed instructions for installing a dynamic revolving line of credit.
- Understand the correct linkages between the three financial statements and how to use the balance sheet as an error detection system for the model.
- Discuss the two circular loops in the financial model and how to connect them to a circularity switch to reset the model when needed.
- Pull important figures from the financial statements into a rich dashboard with graphs highlighting critical model insights.
- Summarize model checks on the cover page with conditional formatting to alert the user to any areas of concern in the model.
Who Should Take This Course?
This course is most suitable for anyone working in investment banking, equity research, and private equity. The content may also be relevant for other financial modeling roles such as corporate development.
Courses we recommend you take in advance
These prerequisite courses are optional, but we recommend you complete the stated prep course(s) or possess the equivalent knowledge prior to enrolling in this course:
- Financial Analysis Fundamentals
- Excel Crash Course
- Accounting Principles and Standards
- Operational Modeling
3-Statement Modeling
Get Started
Level 4
Approx 6.5h to complete
100% online and self-paced
Get Recognized With CFI
See All Certification ProgramsWhat you'll learn
Lesson
Multimedia
Exams
Files
Qualified Assessment
Introduction
Compact 3 Statement Model
Model Design
Model Drivers
Operational Schedules
Capital Structure
Financial Statements
Circularity
Dashboard
Model Theory
Checks
Printing
Summary
This Course is Part of the Following Programs
Why stop here? Expand your skills and show your expertise with the professional certifications, specializations, and CPE credits you’re already on your way to earning.
Financial Modeling & Valuation Analyst (FMVA)® Certification
3-Statement Modeling is part of the Financial Modeling & Valuation Analyst (FMVA)® certification, which includes 52 courses.
- Skills Learned Financial modeling and valuation, sensitivity analysis, strategy
- Career Prep Investment banking and equity research, FP&A, corporate development
Learn More
Commercial Banking & Credit Analyst (CBCA)® Certification
3-Statement Modeling is part of the Commercial Banking & Credit Analyst (CBCA)® certification, which includes 59 courses.
- Skills Learned Financial Analysis, Credit Structuring, Risk Management
- Career Prep Commercial Banking, Credit Analyst, Private Lending
Learn More
Learner Reviews
Best Experience
Best Experience and Knowledge Gaining
Rahul Kumar
The course was easy to follow
There are multiple videos to get through and could be compressed into fewer videos
Melissa Morapedi
Probably the best finance courses in the internet today
LBO, Mergers & Acquisitions (M&A) Modeling & Venture Debt - although very complex matter - these courses are explained in an easy to digest form. Well done CFI!
Adam Bilski
Loved the course
Building a 3-step financial model had never felt easier. With all the help and guided steps, the course is a 10 for me. Highly recommend any financial analyst aspirant to undertake this course in the initial phase of his /her learning. Great starter pack for the remaining courses of the FMVA certification course.
Wungramso Kharewo
Frequently asked questions
What are the requirements to take the courses?
All of our certification programs are open to students and professionals in various industries and levels of experience. Our curriculum is designed to teach what you need to know from basic fundamentals to advanced practical case studies. To take the courses and complete the exercises, students will only need access to a PC and/or Mac, Microsoft Suite (2016 or newer), and a stable internet connection. Click here to view the Technical Requirements
Can I download the Excel files and financial modeling templates for the course?
Absolutely! All the files and templates needed in a course are available for download. Just look for a module that shows Downloadable Files within the course dashboard. See here for a visual guide on how to do this.
How long do I have to complete the courses?
You will have yearly access to the courses as long as you maintain an active subscription. All the courses are self-paced as well so you can take your time in learning without worrying about any deadlines. Click here to compare our available enrollment options.
Are CFI courses officially accredited?
Yes, CFI is accredited by the Better Business Bureau® (BBB) to maintain training standards, the CPA Institutions in Canada, and the National Association of State Boards of Accountancy (NASBA) in the USA. Most of our courses qualify for verified CPE credits for CPA charter holders. Please refer to this page to view all available CPE credits.
Are there any additional fees or costs?
None! The bundle price includes everything and there are no additional fees or charges to earn your digital certification. You can see our enrollment fees listed here.
What currency are your courses priced in?
All our online courses are priced in USD. As this is a recurring payment, we accept all major credit and debit cards including Visa, MasterCard, and American Express.
How do I earn my certificates?
Students must complete all the video lessons, quizzes, and final assessments in each course. You can retake the assessments as many times as necessary until you reach an 80% passing grade. For more information on how to earn a course certificate, click HERE.
How are the exams conducted?
Students are required to complete an online assessment (Multiple choice questions, Fill-in-the-Blanks, and Excel Questions) at the end of each course. You can take the exams on your own schedule and will need to earn at least 80% to pass the course and earn your certificate of course completion. Please note that course exams can be repeated as many times as you need. Students are also required to complete the FMVA® final exam to earn their certification. How to Take a Qualified Assessment
Can I email the instructor if I have questions?
While the courses are designed mainly for self-study, we are happy to provide email assistance for general or technical support inquiries. The Full Immersion bundles include a premium email support function that allows you to communicate directly with in-house experts regarding course content. This is one of the key features that sets the Full Immersion bundle apart and makes it a worthwhile upgrade over the more affordable self-study bundle. You can compare more features in our bundles here.
Will these courses help me advance my career?
Based on hundreds of reviews from thousands of students we know how CFI courses have helped so many people advance their finance careers. Our courses are designed to be extremely practical and simulate the experience of being trained as a professional financial analyst…the ultimate way to advance your career. For real-world examples and to help delve even deeper into the course concepts, please look into our free career resources library.
More Questions?
You can view more detailed information through our Help Center or Email us and we'll be happy to answer any of your questions
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