Foundations of Accounting for Modelers

Explain how the three core financial statements (IS, BS, CFS) are interconnected.

Describe the principles of accrual accounting and how they impact revenue and expense recognition in a model.

Translate business activities (e.g., sales, capex, financing) into their corresponding impacts on the financial statements.

Design a standardized and scalable financial model layout, separating inputs, calculations, and outputs.

Implement a cover page with a table of contents, version control, and an assumptions log.