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.
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In order to become a great financial analyst, below are some additional questions and answers for you to explore further:
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