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Image of a completed three statement model.Here's the exact output from the advanced 3-Statement Model you'll build from scratch at the end of week 1, which is ideal for internal reporting or taking your company out to market. Once it's built, the program also comes with downloadable AI skills to check for errors, audit assumptions, & create diligence questions.


Here's the output from the 13-week cash flow model that uses real bank, AR, & AP data.  You can update it in 10 minutes each week and use it for cash planning.  It's the exact format I use with clients.

Taught by Chris Reilly — Private Equity & FP&A Veteran.
Over 91,000 professionals have taken my courses.
Average rating: 4.9 out of 5 stars.
⭐⭐⭐⭐⭐

Here's a select list of where I've taught or been featured:

Wharton Online and Wall Street Prep logo.
LinkedIn Learning logo.
Business Insider logo.
FTI Consulting logo.
Financial Modeling World Cup logo.

Entire Program
Explained Right Here

  • The program has 3 self-study courses that will teach you to build 3-Statement Models & 13-Week Cash Flow Forecasts from scratch.

  • The 3 core courses can be completed in 1 week, with no more than 2 hours a day of focused work (including modeling time).

  • It also comes with 3 extra courses to reinforce the learning (Modeling with AI, a pre-built SaaS Template, and full 13-hour LBO simulation) giving you more reps under a different lens.

  • The instructor is Chris Reilly, a 15-year+ Private Equity and FP&A veteran who actively works with businesses every day.

  • Chris' courses have been taken by more than 91,000 professionals with an average rating of 4.9 out of 5 stars.

  • There's no live class or cohort you need to show up to. Work on the program when it fits your schedule.

  • Post discussion questions inside lessons or reach Chris directly via email (I respond to everything personally).

  • It's only a one-time payment (no subscription).

  • You get peace of mind: a 100% moneyback guarantee that never expires — something no one else offers.

  • And unlimited access for life, with new content for free.

When Should You Enroll?
This program is perfect for you if:

  • You work in finance and can review a model all day -- but if someone handed you a blank workbook and asked you to build a three-statement model from scratch, you'd be uncomfortable.

  • Your business is "flying a little blind" and you need a financial model to get better visibility on profit and cash.

  • You're worried about a possible cash crunch and need a tool to figure things out before all hell breaks loose.

  • Your current model (that's been used for years) needs a rebuild.

  • Your company is PE-backed and your new owners have asked you to "put together an operating model" or create a budget.

  • You already work in private equity and need a model to acquire or manage your portfolio companies.

  • You need (or want to learn) the format investors understand before taking your company out to market.

  • You're hearing about AI constantly, but want more confidence seeing it in action before integrating AI into your workflow.

  • You need a comprehensive training program for your team, but don't have the time or resources to build your own.

Have a unique situation?
Ask me here.

 "I am so pleased you personally reply to your emails and don't use a virtual assistant." 
"Your courses are game changing..."
"I wanted to reach out and say thank you — your courses have been truly game-changing and have accelerated my career trajectory. Your 13-week cash flow course was instrumental in helping my team build a model that extended runway for our Series C tech startup, and your three-statement modeling course was critical when I was tasked with rebuilding our corporate model.

Since completing your courses, I was promoted to Sr. FP&A Manager and recently stepped into an FP&A Director role. We also expensed your program for one of my direct reports, and the improvement in his modeling capabilities has been night and day.

I’m now working in a mid market PE-backed environment and continue to reference your material regularly. Thank you for the real-world, high-impact training — it has made a meaningful difference."
⭐⭐⭐⭐⭐

financial modeling education review
— Adolfo Fuentes, FP&A Director
✓ Verified Buyer

Why Take This Course When AI Can Build Models?

Top question I get today:

"Chris, is this still worth learning since AI can build models?"

This might seem backwards, but it's actually more important than ever.

I'll be clear -- I use AI in my modeling as much as I can right now; it speeds up a ton of things I used find a drag (like building dashboards) and does an amazing job at challenging assumptions and checking for errors (all of which you'll gain access to in the AI course).

But the reason I find AI so helpful is because I've been building models from scratch for over 15 years, so I inherently know what's correct and what's not.  Without that fundamental knowledge, I'm setting myself up for a costly mistake.

Right now, the hype makes us lose sight of a very simple reality: the real value of a model isn't the spreadsheet -- it's the understanding you gain by building it, and the recommendations you can make from it.

Think about this scenario...

Pretend I'm an investor.  I don't care if you used AI or pen and paper.  I just want to know if investing in this company will make me money, and I'm relying on your business expertise to help make that decision.

So if you come to me and say you "vibe modeled" the forecast in 14 seconds using AI, but don't know anything about the business, not only will I not write you a check, I will consider you an absolute clown.

That's why this program focuses on fundamentals first, AI second.

In just 1 week, you'll build a detailed 3-Statement Model and 13-Week Cash Flow Forecast from scratch.  This gives you a foundation of business knowledge that serves a long-term career.

Once the skills are mastered, the program comes with extra courses for you to see exactly how I'm integrating AI into my workflow -- with downloadable skills and prompts you can use immediately.

Scroll down to see a full walkthrough of the program that includes sample videos.

Meet Your Instructor

Hey, I'm Chris Reilly.

I've spent 15+ years in Private Equity and FP&A, and I teach financial modeling for Wharton Online/Wall Street Prep and LinkedIn Learning.

I started creating courses because the reality of what I faced on the job was nothing like the materials I'd been taught on — fancy way of saying I got my a** handed to me multiple times in my early days.

Since then, my courses have been taken by more than 91,000 professionals with an average rating of 4.9 out of 5 stars.

This is the training I wish existed when I was getting absolutely crushed at the office working late nights and weekends — down-to-earth but immediately applicable. You'll stop spinning your wheels and finally get clarity on the health of your business.

One-time payment. Lifetime access. And a moneyback guarantee that doesn't expire.

(And yes, you can reach me directly by email. I respond to everything personally.)
image-of-chris-reilly-founder-of-financial-modeling-education
"...best-in-class tools that I’ve seen..."
"I’ve led FP&A functions in Fortune 100 companies, and your approach and teachings are amongst best-in-class tools that I’ve seen."
⭐⭐⭐⭐⭐

review for the ultimate financial modeling mastery program
— Tom Klein, Fractional CFO
✓ Verified Buyer

What You'll Learn

  • Build detailed models from scratch, not templates:
    Step-by-step instructions to build monthly Three Statement Models and 13-Week Cash Flow Forecasts completely from scratch.

  • Get your Balance Sheet right, every time:
    Learn the 2 critical steps to make it balance every time, the right way
    (no more plugging retained earnings!).

  • Nail the Statement of Cash Flows:
    Learn the only 3 formulas you need to tie your Cash Flow Statement perfectly to the Balance Sheet.

  • Master the structures that actually matter:
    Headcount, EBITDA, working capital, bonus and tax accruals, capex, depreciation, debt schedules, cash flow sweeps, covenants, and circularity breakers.

  • Simplify cash flow forecasting:
    Using real bank, AR, and AP data, build a 13-Week Cash Flow Template you can update in 10 minutes every week.

  • Catch errors before they cost you:
    90% of spreadsheets contain errors. Learn to consolidate them in one place so you know immediately when something breaks.

  • Use AI to optimize what you've built:
    Get downloadable AI skills and prompts to audit assumptions, check for errors, and generate diligence questions on your finished models.

Your Roadmap

To Get This Done In 1 Week:

No more than 2 hours a day of focused work
(including modeling time)

One week from now, you'll have two invaluable models to manage your long-term planning and short-term cash, and you'll be armed with the proper fundamentals & business judgement to continue leveraging AI.

Highlights of What You'll Build

Master Income Statement Forecasting.

Create clean, easy-to-follow Income Statement forecasts that distinguish between fixed and variable line items.

Learn the "build, then link" technique to ensure your Three Statement Model always works correctly.
Image of an Income Statement forecast.

Finally get the Balance Sheet right, every time.

Ditch the most frustrating part of Financial Modeling.

Learn the 2 critical steps you need to make your Balance Sheet balance, every time.

(no more plugging)
Image of a Balance Sheet that balances correctly.

Confidently build the Statement of Cash Flows.

Hard to believe, but there are only 3 formulas to master the "indirect method" and get your Statement of Cash Flows to work forever.

We build it early in the course, then set it and forget it (no plugging or "fixing it later").
Image of a Statement of Cash Flows.

Understand the Net Working Capital.

One of my favorite schedules (because it completes a big chunk of the balance sheet).

Learn "traditional" and "BASE" modeling techniques to model Accounts Receivable, Accounts Payable, Inventory, Prepaid & Accrued Expenses, as well as Bonus and Tax Accruals.
Image of a net working capital schedule.

Accurately Forecast Capex and Depreciation.

Do your company a favor this year and build this schedule now (everyone forgets until the budget is nearly done).

Learn "waterfall" and "BASE" modeling techniques to master the Capex and Depreciation Schedules.
Image of a capex and depreciation schedule.

Keep track of Headcount.

What's every company's biggest expense?

Headcount!

Yet, everyone butchers this schedule. Master headcount modeling techniques (base, bonus, & raises) that you can apply to your company census and update as new people start.
Image of a headcount forecasting schedule.

Master complex Debt Schedules, Cash Flow Sweeps, and Circularity.

Learn to model multiple tranches of debt (Revolver, Senior, Mezzanine + PIK).

Set a cash minimum, build a cash flow sweep, and learn to build a "circularity breaker" to accurately model the interest expense and outstanding debt balances.
Image of a debt schedule and cash flow sweep.

Understand Covenants (What Banks Need)

Will your company be compliant next quarter?

Learn why this "financial health check" is one of the most critical pieces of Financial Modeling.

Build Fixed Charge and Leverage Ratios to help you automatically fill out your compliance certificate each quarter.
Image of fixed charge coverage ratio and leverage ratio.

Learn SaaS Revenue Modeling.

Model SaaS contracts by cohort including contract type (New, Renewal, Upsell, Downsell).

Plus: duration, price, billing, churn, implementation, ARR, MRR, and TCV.
Image of a SaaS revenue model.

Make Sense of SaaS KPIs.

Get dialed on these SaaS KPIs:

ARR, MRR, TCV, GRR, NRR, SaaS Net Magic Number, LTV, CAC, LTV:CAC, CAC Payback Period, Rule of 40, Burn Rate, and Runway.
Image of common SaaS metrics like ARR, MRR, and Customer Acquisition Cost (CAC).

Systematize Data Categorization.

Learn to use "helper formulas" to automatically track bank data by week and by category.

This allows you to update your 13-week cash flow forecast in a few seconds each week.

(no VBA or PowerQuery needed 👍)
Image of categorized data in cash flow model.

Explain Cash Flow variances like a CFO.

Your boss says, "what changed?"

You say, "_____ 🤔."

Learn advanced lookup techniques using the SUMPRODUCT function to create a variance report for your 13-week cash flow forecast.
Image of a 13 week cash flow forecast model.

Learn to Eliminate Errors.

90% of all spreadsheets have errors.

(google it)

But for some reason...
EVERYONE OVERLOOKS THIS!

Learn to consolidate all errors in one place so you’re immediately notified if something goes wrong in your file (and it will).
Image of an error checking module.


(and so much more...)


Next week, you'll be glad you started today.

👇

All 6 Courses
One Price.

  • 🎓 3-Statement Fundamentals: $89
  • 🎓 13-Week Cash Flow Modeling: $149
  • 🎓 Advanced 3-Statements: $209
  • 🎓 Modeling with AI: $199
  • 🎓 Pre-Built SaaS Model: $269
  • 🎓 Expert LBO Modeling: $329
  • ➕ Bonus: 5 Extra Case Studies

Separately: $1,244
Spring Sale: $199

Start the Mastery Program ›

Lifetime Access
One-time Payment
100% Moneyback Guarantee

*Your company will probably buy this for you.
"Absolutely Outstanding..."
"Purchasing this program was the best money I have invested in a long time. Chris's process, procedure and teaching style demystifies all aspects of building robust forecasting models. I learned more from this single program than I did from any course in my MBA."
⭐⭐⭐⭐⭐

financial modeling education review
— Chance Chaffin, FP&A VP
✓ Verified Buyer

Extra Courses
(Included in Your Purchase)

Reinforce What You've Learned Through a Different Lens.

Completion Certificates:

Track Your Hours &
Share Your Achievement.

Image of a completed three statement model.Every course includes a completion certificate you can use to track hours, show your employer, put on your resume, or share on social media.

"Best course I have taken online..."
"I have years of experience in FP&A and have my CPA and I cannot stress how valuable this course was for me."
⭐⭐⭐⭐⭐

financial modeling education review
— Gregory Massi, FP&A
✓ Verified Buyer

My Promise That You Won't Find Anywhere Else

I understand the hesitation of making this investment. After all, you've probably never met me, and it's hard to know if the Program will help you until you get started.

That's why I run this business on reputation, not fine print.

I have no interest in keeping your money if I don't help you build the skill.

If you join and feel like you haven't significantly improved your financial modeling skills -- whether that's in 30 days or 30 months -- just email me.

I will refund 100% of your purchase, no strings attached.

That means you get:
✔️ Access forever
✔️ New content for free
✔️ For a one-time payment
✔️ And full refund if it's not for you
Image of Chris Reilly, founder of Financial Modeling Education

Get started here.

Lifetime Access
One-time Payment
Moneyback Guarantee (doesn't expire)

Separately: $1,244
Spring Sale: $199
Start the Mastery Program ›
"Easy to follow..."
  "Chris has a unique ability to humanize financial modeling and make this complex topic easy to follow and even easier to understand."  
⭐⭐⭐⭐⭐

Oana Labes review of the ultimate financial modeling mastery program
— Oana Labes, MBA, CPA, Founder of Financiario
✓ Verified Buyer
Frequently Asked Questions
Those are all excellent companies. I know many of the founders personally, and you can’t go wrong with any of them. With that said...

The "traditional" programs often teach illustrative, annual models. My program focuses on detailed monthly (and weekly) financial models that I used while working in Private Equity and as a Fractional CFO (so in other words, they're "real-world tested").

Deviating from the traditional "how to" course, I take a lot of time to explain the "why" behind building the models (in addition to "the how"), and do so in a down-to-earth, relatable way (I was never big on corporate jargon).

My program has a distinctly "middle market feel," which means smaller companies (less than $250 million revenue), using internal financials, coming up with your own assumptions, and providing a recommendation back to a CFO or Managing Partner (similar to what you'd experience on the job).

Lastly, you can always reach me directly by email, something not offered by other providers.
You should be comfortable using Excel and have a basic/general understanding of Accounting & Finance.
I address this in detail above, but the short version: this program teaches fundamentals first, AI second.

Week 1 you build from scratch, Week 2 you learn how I'm using AI to optimize.

The people getting the most from AI are the ones who already know what a good model looks like.
Yes, one of the courses included in the program is a pre-built SaaS Model template (with all three statements).

It covers "all things SaaS" like contract forecasting, ARR, MRR, Unearned Revenue, Logos, Billings, Churn, GRR, NRR, CAC, CAC:LTV, Rule of 40, Burn Rate, Runway, and the SaaS Net Magic Number.
Often times, people will take this program if they're looking to switch jobs or careers, and (not surprisingly) they don't want their current boss finding out. So, they ask to remain anonymous.
The Program isn’t NASBA-accredited for formal CPE credit. However, each course includes a completion certificate showing total video runtime, which many professionals use to track self-directed or verifiable CPD hours. These certificates often satisfy continuing education requirements depending on your licensing body, but you should confirm with them directly.

If formal CPE accreditation becomes available in the future, all eligible students will be notified.
Nope! While the Program has a middle-market focus and feel, the skills gained are universal for all Finance Professionals.
I’ve had many international students take the course and find it highly valuable.

Just to be clear: the models are built using US GAAP conventions, but the core techniques -- like forecasting cash flow, building three statement models, and analyzing deals -- generally apply across accounting standards.

So, while the program doesn't teach IFRS or other non-US accounting standards specifically, most international students haven’t found that to be a barrier.
You get unlimited, lifetime access.

Learn at your own pace and revisit the content whenever you need.

Access future upgrades and additions for free.
Most major training firms are priced for investment banks to buy in bulk, which means they factor in the costs of sales teams and corporate overhead.

I built this program for individuals paying with their own money. Because I run a lean operation, I don’t need to charge corporate rates and can afford to pass those savings on to you.

Low cost doesn't mean low value: My work has been featured by industry leaders like Wharton Online, Wall Street Prep, and LinkedIn Learning. So you're getting world-class instruction trusted by the biggest names in the field, just without the corporate price tag.
Yes! There are several "buy now, pay later" options.

If available in your country, you'll see them on the checkout screen.
Simply make the purchase and email me your receipt.

I'll create a custom invoice for you with your company name, billing address, etc.
You're protected by a 100% money-back guarantee with no expiration.

If you're not happy, I'll refund your full investment, no strings attached.
Every video comes with a discussion board and you'll have direct access to me via email (I don't outsource to a VA or use AI chatbots).

I'm here to support you every step of the way.
p.s., have a question you don't see answered?
Ask me here.

 "I really appreciate your professionalism and personal customer service!" 

The Detailed Curriculum


I've spent 900+ hours building this Program so you don't have to.

If you're detail-oriented like me, this section shows you every lesson in the program.

Detailed Curriculum (Expand Below)

Day 1: Build a Basic Three Statement Model

After you complete this course, you'll have a complete understanding of how the three statements connect together. Only 45 minutes.

Show Details
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Part 1: Build the Model

○ Download the Template
○ The 5 Steps You Need
○ Model Walkthrough
○ Income Statement Forecast
○ Building the Statement of Cash Flows
○ Working Capital Forecast
○ Capital Expenditure Forecast (& Depr)
○ Debt Schedule
○ Link it All Together
○ See an Advanced Three Statement Model
○ Before You Go...

12 Lessons

Days 2-3: Build a 13 Week Cash Flow Forecast

After you complete this course, you'll have a fully built 13-week cash flow model that references real bank data, as well as AR and AP data that you can update each week with your team.

Show Details
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Introduction

○ 13 Week Cash Flow Overview
○ A Simple Cash Flow
○ What We're Going to Build
○ Email from the CFO

4 Lessons

Part 1: Organizing Data

○ Import Bank Data
○ Inserting Helper Columns
○ Add Week Ending Date
○ Import Cash Forecast Template
○ Build Error Checking
○ Build Transaction Mapping Tab
○ Finish Transaction Mapping
○ Build Exact Match Formula
○ Build Text Contains Formula

9 Lessons

Part 2: Building the Cash Forecast

○ Calculate the History
○ Bring in AP Aging Report
○ Bring in AR Aging Report
○ Link AR and AP Aging Reports
○ Finish the Cash Forecast

5 Lessons

Part 3: Build the Summary

○ Establish Summary Dates
○ Finish Print Layout
○ Populate the Summary
○ Update Error Checking
○ Build Cash Flow Chart

5 Lessons

Part 4: Update the Forecast

○ Duplicate Cash Forecast
○ Bring in New Bank Data
○ Bring in AR and AP Reports
○ Refresh History in Cash Forecast
○ Update Forecast in Cash Forecast
○ Update Summary

6 Lessons

Part 5: Variance Analysis

○ Add Variance Tags
○ Begin Variance Report
○ Bring in Variance Report Layout
○ Start Populating the Bridge
○ Calculate Category Variances
○ Finish the Bridge
○ Close Out the File

7 Lessons

Part 6: Conclusion & Bonus Videos

○ Summary of the Course
○ Bonus: Comparing the AR Schedules

2 Lessons

Days 4-7: Build an Advanced Three Statement Model

After you complete this course, you'll have an industrial grade, monthly FP&A model that that can be used for budgeting and internal planning. When I was in PE, this is the model I used to manage our portfolio companies.

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Introduction

○ Three Statement Overview
○ What We're Going to Build
○ Email from the CFO

3 Lessons

Part 1: Basic Model Structure

○ Identifying Hardcodes
○ Apply Currency Formatting
○ Add Placeholder Row
○ Build Error Checking Tab

4 Lessons

Part 2: Building the Statement of Cash Flows

○ Cash from Operations
○ Cash from Investing
○ Cash from Financing
○ Ending Cash

4 Lessons

Part 3: EBITDA

○ EBITDA Overview
○ EBITDA as Defined
○ EBITDA as Adjusted

3 Lessons

Part 4: Annual Summaries

○ Placeholder Column
○ Build Annual Columns
○ Annual Income Statement
○ Annual Balance Sheet
○ Annual Statement of Cash Flows
○ Year-over-Year Growth
○ Percent of Revenues

7 Lessons

Part 5: Model Expansion

○ Expand the Model
○ Conditional Formatting
○ Update the Balance Sheet

3 Lessons

Part 6: Build the Forecast

○ Revenue Forecast
○ Calculate Gross Margin
○ Calculate COGS

3 Lessons

Part 7: Variable Expenses

○ Advertising and Commissions
○ Taxes Benefits and Bonus

2 Lessons

Part 8: Fixed Expenses

○ Fixed Expenses

1 Lesson

Part 9: Headcount

○ Headcount Schedule Layout
○ Mapping Raise Indicator
○ Model Base Indicator
○ Base Comp Part One
○ Base Comp Part Two
○ Link Headcount to Model

6 Lessons

Part 10: Income Tax Expense

○ Income Tax Expense

1 Lesson

Part 11: Working Capital

○ Working Capital Layout
○ Balance Sheet Items
○ Days Sales Outstanding
○ DOH and DPO
○ Prepaid and Accrued Expenses
○ Forecast Accounts Receivable
○ Quick Line Item Fix
○ Finish Working Capital Forecast
○ Link Working Capital to Balance Sheet

9 Lessons

Part 12: Bonus Accrual

○ Bonus Accrual Layout
○ Bonus Accrual Check
○ Bonus Accrual History
○ Build Cash Payment
○ Link Bonus Accrual Account

5 Lessons

Part 13: Tax Accrual

○ Tax Accrual Layout
○ Tax Accrual History
○ Build Cash Tax Payment
○ Link Tax Accrual Account

4 Lessons

Part 14: Fixed Assets

○ Fixed Asset Layout
○ Bring in Support Schedules
○ Model Fixed Asset History
○ Model Growth Capex
○ Model Growth Depreciation
○ Model Maintenance Schedule
○ Bring Schedules into Model
○ Link Fixed Assets to Model

8 Lessons

Part 15: Equity

○ Equity Accounts and Clean-up

1 Lesson

Part 16: Debt Schedule

○ Debt Schedule Layout
○ Term Sheet Overview
○ Begin Cash Flow Sweep
○ Revolver Assumptions
○ Revolver History
○ Revolver Interest Expense
○ Revolver Capacity
○ Revolver Borrowing Base
○ Senior Debt Assumptions
○ Senior History and Interest Expense
○ Senior Debt Amortization
○ Cash Flow Sweep Input
○ Revolver Assumptions Forecast
○ Revolver Sweep Formula
○ Senior Debt Sweep Formula
○ Link Debt Schedule to Balance Sheet
○ Link Interest Expense

17 Lessons

Part 17: Circularity Breaker

○ Circularity Best Practices
○ Building the Circularity Breaker

2 Lessons

Part 18: Covenants

○ Covenant Overview
○ Covenant Layout
○ Covenant Requirements
○ FCCR Numerator
○ FCCR Denominator
○ FCCR Calculation
○ Leverage Ratio Components
○ Leverage Ratio Calculation
○ Finish Covenant Schedule

9 Lessons

Part 19: Summary

○ Summary Layout
○ Summary Sync-up
○ Begin Summary Tagging
○ Finish Summary Tagging
○ Link Ops Model to Summary
○ Finish Summary

6 Lessons

Part 20: Conclusion

○ Email to CFO
○ Course Recap

2 Lessons

Week 2: How I'm Modeling with AI

To be updated often: an over-the-shoulder look at how I'm integrating AI into my financial models. After you complete this course, you'll have a set of pre-built AI skills, prompts, and use cases to help you optimize your financial models.

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Part 1: Overview

○ Welcome
○ Disclaimer

Multiple Lessons

Part 2: Basics & Getting Started

○ Starter prompts
○ This section will be updated often.

Multiple Lessons

Part 3: Claude Skills

○ Installing New Skills
○ Prompt for New Skills
○ Want a Custom Skill?
○ 🧩 Skill: Excel Formatting
○ 🧩 Skill: Model Mapping
○ 🧩 Skill: Error Checking
○ 🧩 Skill: Assumption Audit
○ 🧩 Skill: Diligence Request List
○ This section will be updated often.

Multiple Lessons

Extra 1: Pre-Built SaaS Model Template

After you complete this course, you'll have a fully-built SaaS Model that can be customized as needed. It includes common SaaS metrics like ARR, MRR, Contracts, Logos, Churn, GRR, NRR, CAC, LTV:CAC, Rule of 40, Burn Rate, Runway, and the SaaS Net Magic Number.

Show Details
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Introduction

○ Download Model Here
○ Introduction to the SaaS Model Template
○ Walkthrough of Unearned Revenue

3 Lessons

Part 1: Model Overview

○ Walkthrough of Model Structure
○ Summary + Assumptions Overview

2 Lessons

Part 2: Website Traffic

○ Website Traffic

1 Lesson

Part 3: Income Statement

○ Outbound Sales Team
○ Inbound Sales Team
○ Contract Assumptions
○ Contract Modeling Structure
○ Actual Contracts
○ Consolidating Schedules
○ Revenue Schedules
○ Hosting Schedule
○ Buildout of Other Departments
○ Headcount Costs
○ Sales & Marketing Costs (in G&A)
○ Other Expense Costs
○ Assumption Recap (so far)

13 Lessons

Part 4: Balance Sheet

○ Accounts Receivable
○ Commissions
○ Capex and Fixed Assets
○ Deferred (Unearned) Revenue
○ Bonus Accrual
○ Prepaid, Accounts Payable, & Accrued
○ Equity Funding (Series Seed, A, B)
○ Working Capital Facility
○ Venture Debt Financing
○ Balance Sheet Recap

10 Lessons

Part 5: Cohort Analysis

○ Cohort Analysis

1 Lesson

Part 6: SaaS Metrics & KPIs

○ SaaS Metrics Logos ARR MRR FTEs
○ SaaS Metrics SaaS Net Magic Number
○ SaaS Metrics LTV CAC LTVCAC CAC Payback
○ SaaS Metrics Rule of 40
○ Burn Rate and Runway

5 Lessons

Part 7: Scenario Modeling

○ Changing Scenarios

1 Lesson

Part 8: Admin

○ Executive Summary
○ Updating Actuals
○ Error Checking
○ Model Recap & Conclusion

4 Lessons

Extra 2: Build an Expert LBO Model for Private Equity

After you complete this course, you'll understand the rigor that is required to build a detailed LBO model completely from scratch, create your own assumptions, and make a recommendation to the managing partner.

Show Details
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Part 1: Intro & Course Overview

○ Intro & About Me
○ Course Overview
○ Private Equity Overview
○ Call with Managing Partner

4 Lessons

Part 2: Excel Tips & Raw Data

○ WST Macros
○ Raw Data Pt1
○ Raw Data Pt2
○ Raw Data Pt3

4 Lessons

Part 3: Statement of Cash Flows

○ Statement of Cash Flows Pt1
○ Statement of Cash Flows Pt2

2 Lessons

Part 4: EBITDA

○ EBITDA Overview
○ EBITDA, As Defined
○ EBITDA Management Adjustments
○ EBITDA Diligence Adjustments Pt1
○ EBITDA Diligence Adjustments Pt2
○ EBITDA Diligence Adjustments Pt3

6 Lessons

Part 5: Income Statement Forecast

○ Income Statement Forecast Build
○ Income Statement Forecast Overview
○ Income Statement Forecast Revenue
○ Income Statement Forecast Gross Profit & COGS
○ Pro Forma Adjustments
○ 2016 Pro Forma Adjustments
○ SG&A Analysis
○ Variable Expense Build
○ Fixed Expense Build
○ New Hire Build
○ Tax Expense & Income Statement Zoom Out

11 Lessons

Part 6: Balance Sheet Forecast

○ Balance Sheet Build
○ NWC Layout
○ NWC DSO & AR
○ NWC DPO & DOH
○ NWC Prepaid & Accrued Expenses
○ NWC Ratio
○ NWC Inventory Turnover
○ NWC Cash Conversion Cycle
○ NWC Target
○ Depreciation & Capex Pt1
○ Depreciation & Capex Pt2
○ Depreciation & Capex Pt3
○ Quick Clean Up
○ Bonus Accrual Pt1
○ Note on Bonus Accrual
○ Bonus Accrual Pt2
○ Bonus Accrual Pt3
○ Tax Accrual Pt1
○ Tax Accrual Pt2
○ Balance Sheet Follow-up Questions

20 Lessons

Part 7: Transaction

○ Transaction Overview
○ Purchase Price Build
○ Sources & Uses Layout
○ Debt Sources
○ Known Inputs & Fees
○ Finishing Sources & Uses
○ Pro Forma Equity
○ Blended Cash Interest

8 Lessons

Part 8: Pro Forma Balance Sheet

○ Pro Forma Balance Sheet Overview
○ Pro Forma Balance Sheet Layout
○ Multiples with Fees
○ Pro Forma Balance Sheet Sources
○ Pro Forma Balance Sheet Uses
○ NewCo IS Adjustments
○ NewCo SCF Adjustments
○ NewCo IS Fill-ins
○ NewCo BS Fill-ins Retained Earnings
○ NewCo BS Fill-ins Equity
○ NewCo BS Fill-ins Debt
○ NewCo BS Fill-ins Circ/Fix on Cash
○ NewCo BS Fill-ins Def Fees & Goodwill
○ NewCo BS Fill-ins Cash & Cleanup
○ Check Build

15 Lessons

Part 9: Debt Schedule

○ Debt Schedule Layout
○ Cash Flow Sweep Layout
○ Cash Flow Sweep Build
○ Revolver Layout
○ Revolver Build Pt1
○ Revolver Build Pt2
○ Revolver Build Pt3
○ Revolver Build Pt4
○ Senior Build Pt1
○ Senior Build Pt2
○ Senior Build Pt3
○ Senior Build Pt4
○ Mezz Build Pt1
○ Mezz Build Pt2
○ Def Fin Fees
○ Debt Schedule Link Up

16 Lessons

Part 10: Circularity & Clean-up

○ Circularity Breaker
○ Home Stretch Clean Up

2 Lessons

Part 11: Debt Covenants

○ Covenant Layout
○ Current Ratio Covenant
○ FCCR Covenant Layout
○ FCCR Covenant Build Pt1
○ FCCR Covenant Build Pt2
○ Leverage Ratio Layout
○ Leverage Ratio Build

7 Lessons

Part 12: Investment Returns

○ Returns Overview
○ Global Waterfall Layout
○ Global Waterfall Debt Payoff
○ Global Waterfall Preferred Equity
○ Global Waterfall Common
○ LP Waterfall Layout
○ LP Waterfall Build
○ Equity Return Layout
○ LP Return Build
○ Seller Return Build
○ Sponsor Return Build
○ Final Clean Up

12 Lessons

Part 13: Summaries & Recommendation

○ Monthly Summary Pt1
○ Monthly Summary Pt2
○ Monthly Summary Pt3
○ Annual Summary
○ Assumptions
○ Recommendation Prep
○ Final Recommendation
○ Recommendation Email
○ Epilogue & Thank You
○ Bonus Accrual Comparison

10 Lessons

ROI from Program Alums

How this program has changed careers.

  • Promotion: "Since completing your courses, I was promoted to Sr. FP&A Manager and recently stepped into an FP&A Director role."

  • Education: "I learned more from this single program than I did from any course in my MBA. Best money I have invested in a long time."

  • Business: "Instrumental in helping my team build a model that extended runway for our Series C tech startup."

  • Time: "After 15 years of financial modelling and countless days wasted, [this program] cuts through the fluff and brings home the key points simply and effectively."

  • Cost: "I think anyone looking to get into PE or corporate finance would find that the value of this program surpasses its cost."

Reviews

"Absolute game changer..."
"As an analyst just over a year into the job, this resource has been an absolute game-changer."
⭐⭐⭐⭐⭐


— Tishan Jayasekera, Private Equity Associate
✓ Verified Buyer
"Most comprehensive course I've taken..."
"I'm no stranger to financial modeling, having worked in investment banking and FP&A, but this program is probably the most comprehensive one I've completed, including CFI FMVA and WSP FP&A."
⭐⭐⭐⭐⭐


— Casey Brown, FP&A & Strategic Finance
✓ Verified Buyer
"This one is the best..."
"I have taken several modeling courses, this one is the best.
Logical, concise and useful."
⭐⭐⭐⭐⭐


— Cole Lambert, Financial Analyst
✓ Verified Buyer
"You won't regret buying..."
"You won't regret buying this course. Chris has a great teaching style that breaks everything down into its simplest form."
⭐⭐⭐⭐⭐


— Abdul Said M Kamara, Finance & Accounting
✓ Verified Buyer
"A master of what he's saying..."
"All Chris' lessons are very well explained, he's a master of what he's saying and you can notice from how he simplifies hard topics."
⭐⭐⭐⭐⭐


— Giorgio Gragnani
✓ Verified Buyer
"Training is fantastic..."
"Chris walks through each section thoroughly and makes a complex topic easy to understand. Look forward to more courses from Chris!"
⭐⭐⭐⭐⭐


— Vito Cadamuro CPA, CGA, Finance Executive
✓ Verified Buyer
"Cuts through the fluff..."
"I can say that after 15 years of financial modelling and countless days wasted, Chris manages to cut through the fluff and bring home the key points simply and effectively."
⭐⭐⭐⭐⭐


— Bruce McFarlane, Finance
✓ Verified Buyer
"Learned a ton..."
"I had the pleasure of going through your program and learned a ton. We plan to implement the monthly model you put together as a way to analyze our deals moving forward."
⭐⭐⭐⭐⭐


— Associate, Mid-Market Private Equity Firm
✓ Verified Buyer
"Wish I took this years earlier..."
"I wish I took this course years earlier, could have saved good amount of time and struggle. Thank you!"
⭐⭐⭐⭐⭐


— Elena Skaritanov, CFO
✓ Verified Buyer
"Best money ever spent..."
"Best money ever spent. Financial modeling classes don't get any better than this one right here. This course is an incredible find and worth every penny."
⭐⭐⭐⭐⭐


— Associate, Private Equity
✓ Verified Buyer
"Value surpasses its cost..."
  "This program was very informative and detailed. I think anyone looking to get into PE or corporate finance would find that the value of this program surpasses its cost. Great content."  
⭐⭐⭐⭐⭐

Private Equity Professional review of the ultimate financial modeling mastery program
— Private Equity Professional
✓ Verified Buyer
"What I needed..."
  "What I needed. Enjoyed it so much, I took the program twice. I just started my career in LLM-MM and this is extremely relevant."  
⭐⭐⭐⭐⭐

review of the ultimate financial modeling mastery program
— Finance Analyst, Lower Middle Market
✓ Verified Buyer
"Such ease and understanding..."
  "Can't say I've run through a course with such ease and understanding before! Chris breaks this down in the way it should be. Keep creating courses, Chris!"  
⭐⭐⭐⭐⭐

Review of the Ultimate Financial Modeling Mastery Program
— Jason Phillips, Finance
✓ Verified Buyer
"Best out there!"
  "For someone with no formal modeling training, I have been searching for resources to help expand my toolkit. This program kept it simple while creating a very robust & repeatable model. Thank you!"  
⭐⭐⭐⭐⭐

Review of the Ultimate Financial Modeling Mastery Program
— Senior Director of Finance
✓ Verified Buyer
"Highly practical and super insightful program!"
  "This well-paced program truly transforms the way you look at financial modelling, even if you are an experienced professional. It provided me with many highly useful insights, techniques and tidbits to greatly augment and further my financial modelling skills. The course has ample amount of detailing, while never losing sight of overall simplicity and utility. Absolutely loved investing time and money in this one :)"  
⭐⭐⭐⭐⭐

Investment Banking Senior Associate review of the Ultimate Financial Modeling Mastery Program
— Investment Banking Senior Associate
✓ Verified Buyer

Don't Need Them All?

You can buy courses individually, but you'll miss out on bundled pricing.

Plain and simple:

If you "own the model," this program is for you.

Lifetime Access
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Separately: $1,244
Spring Sale: $199
Start the Mastery Program ›
*Don't forget: your company will probably buy this for you.
⭐⭐⭐⭐⭐

"Chris is so amazing, that I kept following his LinkedIn, and then I went and decided that I should get the course. I wish I'd done this before my MBA..."

⭐⭐⭐⭐⭐

"I have thoroughly enjoyed learning and understanding how Chris has so well thought out his modeling theory. I look forward to learning more from Chris."

⭐⭐⭐⭐⭐

"Fantastic! Something often made very complicated explained and built so well / easy to use!"

⭐⭐⭐⭐⭐

"Really well explained and understandable, easy to adapt to our needs."

⭐⭐⭐⭐⭐

"This was an easy-to-follow and easy-to-understand course. The template used is a really great tool for future reference. Thanks Chris!"

⭐⭐⭐⭐⭐

"Worth the time and investment! Excellent course to learn the elements of an LBO Financial Model.
Thank you Chris!"

⭐⭐⭐⭐⭐

"Excellent introduction to financial modelling - detailed yet precise. I have always found it challenging to distinguish what falls into respective line items in financial statements, but this model lays it out very clearly. Thank you, Chris!"

⭐⭐⭐⭐⭐

"I love how Chris makes a 3 statement model look simple."

⭐⭐⭐⭐⭐

"First course with Chris. Clearly communicated and delivered the concepts in a way that is not intimidating. Loved it."

⭐⭐⭐⭐⭐

"Straight to the point. I just loved how Chris teaches exactly what we need. Simplifying the model helped me understand better and see the connections between each step! Thanks, Chris!"

⭐⭐⭐⭐⭐

"Very well explained without complexity, an excellent tool!"

⭐⭐⭐⭐⭐

"Great course. Very punchy, no stories. Chris actually give many extras that are not directly related to the course but adds a lot of value (e.g., Excel shortcuts and Accounting principles). Very Nice."

⭐⭐⭐⭐⭐

"Chris does an excellent job demystifying the cash flow statement. He shows and explains perfectly how all three statements are necessary to run your business!"

⭐⭐⭐⭐⭐

"Extremely well explained and easy to understand. Highly recommended."

⭐⭐⭐⭐⭐

"Really learned a lot from this course as it not only covers the method to build and link a 3-FS model but explains the accounting reasonings behind it to make it all encompassing and understandable for the laymen. The approach taught in the course also makes this arduous task swift."

⭐⭐⭐⭐⭐

"Great course! I love the idea of a vertical model. It was easy to understand and not over complicated."

⭐⭐⭐⭐⭐

"Having experience in building financial models, my expectations of this course were that of review; however, the instructor gave numerous tips and tricks from which my financial modeling will be enhanced. His command of Excel shortcuts is impressive to say the least. The course was genuinely time well-spent."

⭐⭐⭐⭐⭐

"Excellent pace and level of detail. Very clear explanation of the underlying business application of building this model."

Thanks for reading 🙂.

Email me anytime if you have questions.

—Chris