Financial modeling and reporting are typically completely different functions in finance. However, there are some areas where they are closely related. The reporting function at a company is to prepare financial statements for internal and/or external use, while modeling is the task of forecasting the performance of a business into the future.
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CFI is the official global provider of financial modeling and valuation analyst FMVA Designation. CFI's mission is to help anyone become a world-class financial analyst and has a wide range of resources to help you along the way. In order to become a great financial analyst, below are some additional questions and answers for you to explore further: