I will financial modeling three statement model

Financial models are tools of projecting complicated financial data in simpler way to make those understandable by the entrepreneurs.

Financial modeling acts as an important tool which enables business ideas and risks to be estimated in a cost effective manner. 

Three Statement Model is the model in which three core financial statement are generated; Balance Sheet, Profit & Loss Statement and Cash Flow statement. This is often forms the basis of other models.

This model links income statement , balance sheet and cash flow statement into one dynamically connected financial model in Excel sheets. There are four steps to build a three statement model based on historical data

Step 1 : Preparation of Profit & Loss Statement, Step 2 : Preparation of Balance Sheet, Step 3 : Preparation of Cash Flow Statement, Step 4 : Supporting Schedules Preparation.

The three statement model is very dynamic modeling to integrate all the key financial statements into a single excel file. This makes the job more organized and reduces chances of human error at the same time the net result of operating the business can be presented to the top Management.