Trending Content
| +243 | BofA Associate death? | 66 | 4m | |
| +143 | Investment Banking US League Table YTD 2024 (FactSet) | 83 | 1d | |
| +141 | Big Layoff at Barclays - 5/1/24 | 74 | 6h | |
| +83 | Would comitting to ATL İB be stupid? Please give feedback. | 45 | 2d | |
| +83 | “Americans just work harder” | 53 | 7h | |
| +68 | Sleeping on Jefferies??? | 32 | 6h | |
| +66 | A shitter's comprehensive guide to sophomore year recruiting | 7 | 4h | |
| +59 | NEED NY RESTAURANT RECOMMENDATIONS | 38 | 2d | |
| +57 | What's up with RBC nowadays? | 24 | 3h | |
| +48 | 5-Step (Borderline Psycho) Pre-Superday Routine I Used to Land Every IB Internship Offer | 4 | 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.
Ut quibusdam fugit rerum nisi laboriosam. Pariatur at corrupti est impedit libero. Nemo qui aut omnis repellendus exercitationem. Vel nisi sed qui. Corporis ut et aut voluptatem. Rerum praesentium eaque et consequatur et sapiente maiores. Expedita animi distinctio magni architecto cum.
Perspiciatis quasi animi quisquam ex. Laboriosam voluptas adipisci excepturi aliquam suscipit.
Minima et perferendis eos veritatis dolor ut consequatur officia. Eligendi dolorem esse recusandae. Aut dicta nesciunt quae.
Sit eligendi ut aperiam commodi qui delectus. Distinctio neque nobis perferendis autem possimus in. Et eveniet nostrum aut est facere error.
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...