Financial Modeling Using R

I am wondering if anyone had any suggestions for resources to use to learn how to build a company-specific financial model (3 statement financials with drivers and outputs etc.) in R vs. Excel. Any guidance would be most appreciated!

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Good question, because it gives rise to more questions, because the first answer is, of course

It depends.

  1. An outside, investment management view can be provided by the quantmod package. The CRAN task view provides more possibilities.

  2. If it's an internal view, it's hard to say without knowing the desired output (liquidity forecast, up/down), the available inputs and the types of relationships that thought to have explanatory value.