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There are 4 modules in this course
Unlock the foundation of financial modeling by mastering how to construct, reconcile, and automate integrated financial statements in Excel. This course demystifies the complex world of financial reporting, teaching you the essential skills to create accurate, reliable financial models from the ground up.
Starting with the fundamental principles of double-entry bookkeeping, you'll learn how to build dynamic Income Statements, Balance Sheets, and Cash Flow Statements. You'll discover how financial statements interconnect, how to apply spreadsheet functions to automate calculations, and how to implement formula-driven checks to detect and correct potential misstatements.
By the end of this course, you'll have the skills to create transparent, auditable financial models that form the backbone of professional financial analysis. Whether you're an aspiring financial analyst, accountant, or business professional, this course provides the critical skills needed to ensure financial data integrity and accuracy.
This module provides a hands-on journey into financial integrity. Learners will explore why accuracy is critical before mastering double-entry principles and using the trial balance as a diagnostic tool. They will learn to investigate, trace, and fix discrepancies with multi-step correcting entries. The module culminates in a hands-on project where learners manage the entire verification process in a simulated business scenario, solidifying their ability to ensure the accuracy and integrity of financial statements from start to finish.
What's included
4 videos3 readings4 assignments
Show info about module content
4 videos•Total 27 minutes
High-Stakes Accounting•7 minutes
Crafting Journal Entries: From a Cash Sale to an Equipment Purchase•8 minutes
Beyond the Numbers: Why a Balanced Trial Balance Matters•5 minutes
From Ledger to Trial Balance: A Step-by-Step Guide•7 minutes
3 readings•Total 30 minutes
The Foundation: Understanding Double-Entry Bookkeeping•10 minutes
A Troubleshooter's Guide to Trial Balance Errors•10 minutes
The Art of Correction: Adjusting Journal Entries•10 minutes
4 assignments•Total 85 minutes
Hands-On Learning: Recording Business Transactions•20 minutes
Knowledge Check: Debit and Credit Rules•5 minutes
Hands-On Learning: Preparing and Analyzing a Trial Balance•30 minutes
Financial Statements: Analyze and Apply Key Ratios
Module 2•2 hours to complete
Module details
This module builds your foundational financial analysis skills. You will first master the "language of business"—the three core financial statements—using real-world case studies to understand their critical importance. You will then apply this knowledge by calculating and interpreting powerful diagnostic ratios, such as gross margin and the current ratio. Using spreadsheets and analyzing real competitors like Coca-Cola and PepsiCo, you will learn to transform raw financial data into actionable insights, enabling you to accurately judge a company’s true financial health and performance.
What's included
4 videos4 readings5 assignments
Show info about module content
4 videos•Total 23 minutes
When Statements Tell a Story: The Fall of Sears•5 minutes
How to Navigate a 10-K Report?•7 minutes
Competitive Edge: How Ratios Reveal Company Secrets•5 minutes
Calculating Gross Margin and Current Ratio in a Spreadsheet•6 minutes
4 readings•Total 30 minutes
The Three Pillars: Income Statement, Balance Sheet, and Cash Flow•8 minutes
How the Statements Connect: A Quick Guide•8 minutes
Beyond the Numbers: How to Benchmark Financial Ratios•7 minutes
Defining and Understanding the Key Ratios•7 minutes
Hands-On Learning: Calculate Ratios for a Tech Giant•15 minutes
Investment Decision•10 minutes
Financial Analysis Project•30 minutes
Balance Financial Statements: the Flow
Module 3•3 hours to complete
Module details
This module takes you from financial modeling theory to professional-level execution. You’ll start with the "why," learning the critical connections between the three financial statements through real-world case studies. Then, you'll move to hands-on application, using guided screencasts to build a dynamic, formula-driven model in Excel, linking the statements step-by-step. Finally, you will master the skills of a professional by learning to audit your work, troubleshoot errors, and deliver what matters most: a perfectly balanced and reliable financial model that demonstrates true integrity.
What's included
6 videos6 readings6 assignments
Show info about module content
6 videos•Total 32 minutes
The High Cost of a Simple Error: The London Whale Story•7 minutes
Tracing the Flow: From Net Income to Retained Earnings and Cash•6 minutes
The Core Principles of Dynamic Linking•6 minutes
Link Depreciation Across the Statements•5 minutes
The Moment of Truth: Why Balancing is the Final Check?•4 minutes
Troubleshooting 101: Common Balancing Errors•4 minutes
6 readings•Total 46 minutes
The Three Financial Statements (Corporate Finance Institute)•7 minutes
Tracing the Complete Flow: Transactions and Non-Cash Charges•10 minutes
The Risk of Static Models vs. Dynamic Models•7 minutes
Illustrated Guide: Linking Net Income•7 minutes
Illustrated Guide: The Final Link - Ending Cash•7 minutes
Navigating a Real-World 10-K: The Microsoft Example•8 minutes
6 assignments•Total 95 minutes
Hands-On Learning: Drafting an Explanatory Email to a Supervisor•15 minutes
The "Closing the Books" Challenge•10 minutes
Hands-On Learning: Describing the Linking Sequence•15 minutes
The Forensic Audit Challenge•10 minutes
Hands-On Learning: Identifying and Resolving Logical Inconsistencies•15 minutes
Build, Explain, and Balance•30 minutes
Automate and Verify Financial Statements
Module 4•2 hours to complete
Module details
In this module, you will build a professional-grade financial model from the ground up. You will first transform raw transactional data into a dynamic Profit & Loss statement and Balance Sheet using advanced Excel formulas. With the core statements built, you will then shift to verification. By constructing the Statement of Cash Flows to bridge the other statements, you will master the art of reconciliation. This ensures every component ties out, resulting in a model that is proven to be balanced, reliable, and accurate.
What's included
4 videos4 readings5 assignments
Show info about module content
4 videos•Total 29 minutes
The Unbreakable Link: Connecting P&L to Balance Sheet•6 minutes
How-To: Building the Balance Sheet Shell and Schedules•8 minutes
Explaining Investing and Financing Activities (CFI & CFF)•6 minutes
How-To: Building the CFI, CFF, and Final Cash Link•9 minutes
4 readings•Total 29 minutes
Blueprint for Automation: Structuring Data and Statements•7 minutes
Step-by-Step Guide: Building the Dynamic P&L with SUMIFS•7 minutes
The Logic of Reconciliation: Lessons from Nomura and Archegos•7 minutes
Step-by-Step Guide: Building the Cash Flow from Operations (CFO)•8 minutes
5 assignments•Total 80 minutes
Hands-On Learning: Automate the P&L and Balance Sheet Shell•20 minutes
Knowledge Check: Automation and Linking•5 minutes
Hands-On Learning: Construct and Link the Full Statement of Cash Flows•20 minutes
Knowledge Check: Reconciliation and Verification•5 minutes
Build and Verify the Complete 3-Statement Model•30 minutes
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No. This course starts with fundamental skills and progressively builds your Excel and financial modeling capabilities.
What will I be able to do after completing this course?
You will be able to create accurate financial statements, understand how different financial statements interconnect, and apply Excel functions to automate financial modeling tasks.
Is this course useful for non-finance professionals?
Yes. The skills learned are valuable for anyone working with financial data, including business managers, consultants, and entrepreneurs.
When will I have access to the lectures and assignments?
To access the course materials, assignments and to earn a Certificate, you will need to purchase the Certificate experience when you enroll in a course. You can try a Free Trial instead, or apply for Financial Aid. The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
What will I get if I subscribe to this Certificate?
When you enroll in the course, you get access to all of the courses in the Certificate, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile.