Stupid question... but do you guys know what "E&O expense" mean please? There aren't footnotes in this document I have... it is part of COGS but not sure what exactly it is (google search shows some non-sensical results such as "errors and omissions") Thank you!
Trending Content - Investment Banking Forum
| +247 | UBS Tech MD hires Son (from no-name college) as an Intern | 45 | 1h |
| +163 | WTF IS THIS COMPETITON | 59 | 1h |
| +161 | Mayday, Mayday: Key UBS Leaders (Former Barclays MDs) Abandoning Ship | 28 | 2d |
| +117 | Is banking in the south more sustainable? | 27 | 5h |
| +91 | The Intern Starter Pack | 15 | 6h |
| +75 | Current State of the League Tables | 28 | 4h |
| +48 | Perella Weinberg to Cut 10% of Workforce, Including Partners | 31 | 16h |
| +44 | [Official] 2026 IB Analyst Bonus Megathread (with 2025 Consolidated Pay and Perks/Benefits) | 8 | 18h |
| +38 | UBS Groups Ranked by Future Outlook | 20 | 20h |
| +32 | PWP Layoffs????? | 18 | 3d |
Career Resources
It means excess and obsolescent. It is used as an expense for inventory deemed as such i.e. inventory that will not likely be used must be expensed or the estimated lost value from its resale price must be.
Voluptate est excepturi voluptatem nihil. Et aut ullam voluptatum. Architecto minus aliquid facilis est perspiciatis optio sit. Animi laudantium dolores eveniet assumenda corporis.
Et sunt id quo soluta dolore similique. Sunt sit deserunt quo ducimus magnam rem. Laborum mollitia ut quisquam ratione nisi incidunt. Qui ullam placeat iure debitis nam animi ut. Similique mollitia eos quas at.
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...