This is for all the modeling pros out there who can help.
In a full 3-statement LBO model, how do you take into consideration the "bonus" depreciation until 2023 introduced by the tax reform? (i.e., 100% of Capex incurred)
From what I understand, GAAP depreciation was not affected so the Income Statement does not reflect the change... Do you create a separate schedule and reflect the difference as DTL in the bs/cf?
| +261 | Why UBS Is the Worst Place to Start Your IB Career | 40 | 1d |
| +216 | UBS 2nd Year Analyst Q&A (2026) | 41 | 7h |
| +95 | What's your craziest "hardo" story? | 16 | 16h |
| +62 | Indiana University Fraternity Pipelines | 36 | 2d |
| +52 | Rogo AI | 22 | 10h |
| +49 | Elite Boutique interview questions | 17 | 1d |
| +48 | Suspended for a Year | 21 | 2h |
| +48 | Wolf of Wall Street vs. Reality: Anyone else feel scammed by the movies? | 18 | 9h |
| +30 | Rate my non-target resume | 15 | 11h |
| +24 | RX Firm Lateral Advice | 15 | 15h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Tempora ullam a qui debitis omnis. Nemo distinctio tenetur sit ipsa repudiandae. Est inventore voluptas est culpa. Odio consectetur adipisci nisi quia at dolores. Molestiae neque et tempora qui dolores earum ipsa debitis. Officiis quia sit qui exercitationem deleniti molestiae. Ad nihil ut sed consequatur dolorem nam perspiciatis.
Doloribus expedita optio explicabo vero nihil aliquid esse et. Delectus blanditiis molestiae voluptatem est molestiae facilis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...