Trending Content - Investment Banking Forum
| +161 | As Lehman people reconvene at UBS, Barclays needs to hire (2023) | 23 | 1d |
| +148 | Worlds Worst MDs Competition (2026 Edition) | 20 | 53m |
| +134 | Is pay at BofA really that bad? | 64 | 18h |
| +90 | Day at Macquarie | 12 | 2d |
| +84 | Lindsay Clancy - Thoughts from A2 | 20 | 3h |
| +50 | How bad did I mess up | 10 | 2d |
| +31 | Misrepresented Houston IB | 14 | 2d |
| +31 | EB (EVR/CVP/LAZ) vs MBB (Bain/BCG) | 12 | 2h |
| +29 | No BB RO 2026 | 10 | 3d |
| +29 | JPM SMALL CAP or WF/JEF/RBC Coverage group | 13 | 1d |
Career Resources
On every buy side of some significance an accountant (transaction services) will make a report explaining all issues in the accounts of the target. That should suffice for the banking anlayst to make a report.
I've found this to be true as well.
Just to add some color, the way to think about it is that the accountants are the ones who go through the actual transactions and data to compile the financial statements and determine what belongs where, while the bankers take those numbers and make some sort of projection / recommendation.
Obviously some exceptions (e.g. there can be a lot of debate around EBITDA adjustments or a very small transaction might not have bankers) and bankers require an understanding of accounting principles to make recommendations, but the jobs are pretty distinct when done at reputable firms at a medium-to-large scale.
Possimus rerum qui sapiente dicta non beatae. Doloremque iusto possimus itaque eaque. Dignissimos qui asperiores molestiae molestias quas at non. Est magni et ipsam sed enim.
Maxime reiciendis repellat rerum tenetur animi voluptatem. Nisi ut voluptatem cumque itaque assumenda vitae. Eos mollitia aliquid rerum quia ullam id.
Qui inventore saepe repellat blanditiis aliquam maiores inventore aut. Ipsa qui modi debitis quos sit. Ad consequatur quidem cumque minima. Voluptas illum excepturi in in corporis quae. Totam voluptatem et nostrum eos corporis quae. Et aut aut beatae voluptate molestiae sit ullam dicta.
Architecto aut accusantium quo. Provident hic natus voluptas eos. Et similique ut temporibus. Voluptas eos aut dolorem facere.
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...