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u/Potential-Yak-1880

r/FinancialCareers r/financialmodelling r/IGNOUdistancelearning
Image 1 — Balance sheet not balancing -beginner 3 statement model
Image 2 — Balance sheet not balancing -beginner 3 statement model
Image 3 — Balance sheet not balancing -beginner 3 statement model
Image 4 — Balance sheet not balancing -beginner 3 statement model
Image 5 — Balance sheet not balancing -beginner 3 statement model
Image 6 — Balance sheet not balancing -beginner 3 statement model
Image 7 — Balance sheet not balancing -beginner 3 statement model
Image 8 — Balance sheet not balancing -beginner 3 statement model
▲ 60 r/financialmodelling

Balance sheet not balancing -beginner 3 statement model

I’m a complete beginner learning financial modeling and built my first simple 3-statement model using Nike’s 2025 annual report.

The historical statements balance perfectly, but my forecast Balance Sheet doesn’t:
2026F: (116)
2027F: (217)
2028F: (301)
2029F: (370)
2030F: (420)

I’ve already checked the PPE schedule, working capital schedule, retained earnings schedule, cash flow links, and cash balance, but I still can’t find the issue.

I’ve attached both the annual report statements and my model. Could someone please point out what’s wrong or where I should be looking?
Thanks!

u/Potential-Yak-1880 — 8 days ago
▲ 2 r/FinancialCareers

Hey everyone,

Currently doing BCOM(bachelor of commerce) and recently completed a “Complete Financial Analyst 2026” course on Udemy.

I’m interested in finance and want to build real skills, but I’m confused about the practical path forward.

- How do I actually practice financial analysis in a meaningful way?
- Is working with annual reports (with 3-statement data already organized) a good way to build skills?
- Or am I missing something important like data cleaning, adjustments, etc.?

Also, honest question:

Do I have to start with entry-level roles like data entry, bookkeeping, or accounting to break into finance?

Not very interested in those. The goal is to move directly into finance/analysis roles if possible.

Is that realistic, or does everyone go through that phase first?

Would appreciate clarity on:
- What skills actually matter to get a first finance role
- What kind of practice recruiters value
- Whether skipping “grunt work” is possible or just wishful thinking

Thanks.

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u/Potential-Yak-1880 — 2 months ago
▲ 2 r/IGNOUdistancelearning

Jan 2026 B.Com (FYUP) student at IGNOU here.

All 8 first-year courses (Sem 1 + Sem 2). Planning to appear in Dec 2026 TEE.

Questions:

  1. Can I select all 8 courses in the exam form and attempt them in one cycle?
  2. Has anyone actually done all 8 in a single TEE—how manageable is it?
  3. What happens if two papers clash on the same date/time? Do we have to skip one and give it next cycle?

Would appreciate insights from people who’ve gone through this.

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u/Potential-Yak-1880 — 2 months ago