Preparing for Analyst internship
Hello everyone,
What is the best way to become a wizard on excel and great at accounting? what has worked for you ? what resources have you utilized? ( looking for cheap ways) Thank you!
Hi E. Charles, check out these resources:
You're welcome.
Thank you!
2.Learn the 3 statement at a fundamental level
3.Pull 10-k's
4.Rerun a model on new 10-K's
5.Use critical thinking skills to determine how different levers/ changes in ratios will affect the statements
Someone just throwing a model at you wont teach you the inner workings of a company. But, critically thinking about where you can make things more granular is where you will really learn. Example, Revenue broken out by product for a Consumer products company, or Expenses per oil well drilled for a Oil and gas company( and all the components that go into drilling).
Also, trying to find as many different resources to show how people put together models is good. Doing this will allow you to compare good and bad models.
Last tip, Being an excel wizard won't get you a return offer. Being personable and then working to get closer with analyst and associates will. Best of luck!
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