Stage 1 (2024) “Please FX”


This is an actual case study that was presented to the participants of the Financial Modeling World Cup 2024, Stage 1 (January 26-29).

Case description:

You are working as a financial consultant for an investment fund that has just acquired “Global Sales Trampoline Inc.”, a very promising wholesale business. But what a surprise – the CFO and chief accountant have left GST following the acquisition, leaving a complete mess behind themselves.

Tomorrow you will have to review GST’s provisional financial results at a board meeting of your fund, but there is no way junior accountants can prepare a precise financial statement for you. Luckily, the business of GST is fairly simple, and you decide to try your best to re-create GST’s financials at least on a rough estimate level while you are still looking for a new accountant.

The downloadable file consists of the following:
Task: PDF file with Case Materials; PDF file with Questions; Excel file with Case Assumptions
Solution: Excel file with full Solution Model; PDF file with correct Answers in Bold