The forecasting aspect of a financial model is the projection of the income statement, balance sheet, and cash flow statement in Excel. The financial statements are driven by assumptions and expectations about how the company will perform in the future. The most common items in a forecast include revenues, expenses, profits, assets, liabilities, cash flow, and the total cash balance of the company.
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:
Below is a screenshot from one of CFI’s online analyst training and certification courses, offered 100% online.
To learn How to Build an Excel Model step-by-step, click on the image below.