Download WSO's free 3 Statement Financial Model template below! This template allows you to create your own 3 statement model for a company - specifically, the balance sheet, income statement, and statement of cash flows. The template is plug-and-play, and you can enter your own numbers or formulas to auto-populate output numbers. The template also includes other tabs for other elements of a financial model.
IMPORTANT UPDATE: Full Financial Statement Modeling Course Now Available as part of WSO Elite Modeling Package. Learn more here.
According to the WSO Dictionary,
"The financial statements are broken down into three different statements:
- Income Statement – shows the income and expenditure of the company, including things such as depreciation, income tax, interest income etc.
- Balance Sheet – shows the assets, liabilities and shareholders equity of a firm; it must always balance (i.e. assets = liabilities + shareholders equity).
- Cash Flow Statement – shows the inflows and outflows of cash and shows whether the firm is actually making or losing money."
A screenshot below shows a sneak peak of the template.