Investment Banking Analyst Accounting Interview Questions?
I have been studying for my Investment Banking Analyst interview tomorrow and have been focusing on accounting because that is my weakness. The main questions I have been preparing for are:
1) Walk me through the financial statements?
2) What is the most important financial statement?
3) How do the financial statements connect?
4) Let’s say that the depreciation expense goes up by $100. How would this affect the financial statements?
5) What is the impact of the financial statements when purchasing a $100 asset?
6) “A company runs into financial distress and needs cash immediately. It sells a factory that’s listed at $100 on its Balance Sheet for $80. What happens on the 3 statements, assuming a 40% tax rate?”
7) What is working capital?
For anyone at the associate level who has conducted Analyst interviews or someone with analyst interviewing experience what other questions should I study? The following are the sources I have used and the amount of questions they have:
1) BIWS – 5 Accounting Questions
2) Wall Street Mojo - 5 Accounting Questions
3) Corporate Finance Institute (CFI) – 14 Accounting Questions
4) Efinancial – Combo of Valuation & Accounting Questions
Expedita et numquam ut culpa eos omnis ullam cum. Perspiciatis inventore dolorum molestiae dolor. Dolorum rerum laudantium tenetur reiciendis id et veritatis pariatur. Molestiae omnis harum perferendis. Nulla ab nostrum aut non ducimus aut.
Consequatur aut consequatur iure. Aspernatur repudiandae neque magnam similique.
Doloremque adipisci voluptatibus nesciunt corporis est id. Veniam magnam consequatur officia similique incidunt. Cumque veniam iusto eligendi expedita sunt labore corrupti id.
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...