Introduction to Financial Statement Modeling - CFA Level I Exam

Learn how to develop sales-based pro forma company models in this comprehensive video lesson for the 2025 CFA® Level I Exam Financial Statement Analysis section. Master the techniques for forecasting industry and company sales and costs while accounting for inflation or deflation, understand how Porter's five forces analysis affects pricing and costs, evaluate technological impacts on demand and margins, and explore considerations for choosing forecast horizons. The lesson also covers how behavioral factors influence analyst forecasts and provides strategies to overcome analyst biases. This 1-hour 17-minute tutorial from AnalystPrep covers Learning Module 12 of the Financial Statements Analysis topic, addressing all required learning objectives for financial statement modeling in the CFA curriculum.