Building a 3 Statement Model
Learning to build a 3 statement model has been such a game changer.
This has given me the largest ROI in my career.
When you learn how to build one:
✅ You understand more about the 3 statements, and how they are connected
✅ You can easily tell what is GOING to happen (while showing what has happened already)
✅ You can create custom reporting off of any metrics, historical or projected
Like many accountants, I started my career doing accounting work
âž¡ Closing the books
âž¡ Processing Payroll
âž¡ Managing AP / Invoicing
These are all great things thing to learn, but they are only one side of the coin
When you learn how to build a 3 statement model, you get the opportunity to bridge both sides, and truly become what I like to call a FULL STACK Finance & Accounting professional
In this guide, I'll show you
💡 How to connect the income statement to the balance sheet
💡 How to create a cash flows statement
💡 How to connect your balance sheet to the cash flows
💡 How to see your cash balance and all other metrics update in real time as you make updates to your projections