Learn the building blocks of a financial model. In this video, we'll build a cash flow statement given an income statement and balance sheet in Excel.

To download the Excel template that goes with this video, go to http://www.wallstreetprep.com/blog/financial-modeling-quick-lesson-cash-flow-statement-part-1/

The accounting here is a simplified presentation of how the three major financial statements are inter-related and lays the foundation of financial statement models in investment banking.

Many accounting questions that we see time and again in finance interviews are designed to test the understanding explained in this exercise.