On-Demand
Auditing and Balancing a 3-Statement Model 2025-26
CPE: 2
Overview
The three-statement financial model forms the foundation on which many other models and analyses are built, and constructing a three-statement model is a critical skill for many roles in accounting and finance. In this course, we will cover the most common errors and issues that cause a three-statement model to be out of balance. We’ll show how to correctly find and fix these issues using error-checking best practices. We’ll also build some common error checks that can be used to quickly diagnose issues.
Product Code
1000004486
Credit Type
CPE: 2CPE-Technical: 2Format
Online Self-Study
Intended Audience
CPAs and other financial professionals working in investment banking, equity research, and private equity.
NASBA Field of Study
Finance
Level of Difficulty
Advanced
Prerequisites
None
Advance Preparation
Attendees should have a basic understanding of accounting fundamentals and Excel.
Learning Objectives
Major Subjects
- Review Excel’s formula auditing and error checking tools.
- Identify the most common errors and sources of imbalance in a 3-statement model.
- Apply techniques to ensure consistency and accuracy across financial models, including checking for column alignment, row differences, and proper referencing.
- Reconcile changes in balance sheet accounts with corresponding cash flow statement entries to identify and resolve discrepancies effectively.
Additional Details
This prerecorded broadcast is provided through our partnership with Corporate Finance Institute.