What is Financial Modeling Forecasting?
The forecasting aspect of a financial modelWhat is Financial ModelingFinancial modeling is performed in Excel to forecast a company's financial performance. Overview of what is financial modeling, how & why to build a model. is the projection of the income statement, balance sheet, and cash flow statement in Excel. The financial statementsThree Financial StatementsThe three financial statements are the income statement, the balance sheet, and the statement of cash flows. These three core statements are are driven by assumptions and expectations about how the company will perform in the future. The most common items in a forecast include revenuesSales RevenueSales revenue is the income received by a company from its sales of goods or the provision of services. In accounting, the terms "sales" and, expenses, profits, assets, liabilities, cash flow, and the total cash balance of the company.
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