Financial statement modelling is the art of creating accurate and comprehensive financial models to accurately reflect enterprise activities and performance over a given period of time. It is a process that uses financial statements such as balance sheets, income statements, cash flow statements, and other documents to predict future trends in a company’s financial performance. By leveraging quantitative data from these sources, financial professionals can build detailed and proactive models that reveal potential business opportunities and risks associated with specific strategies or investments. In doing so, businesses can also use this information to develop long-term business plans, and make sound fiscal decisions going forward.