When I was doing undergrad recruiting, I remember using 35-40% tax rate, not capitalizing operating leases, etc.
What has changed/what is the new default assumption in modelling? I am not just asking about tax rates, but also Rf rates, other accounting rules, bankruptcy regulations, etc.
| +148 | ONLY THESE BANKS OR YOU STRUCK OUT | 38 | 12h |
| +111 | IB Energy Drink Tier List / Ranking | 73 | 1d |
| +61 | Firm Thinks I'm Lying About Offer | 19 | 14h |
| +53 | Indiana University Fraternity Pipelines | 32 | 12h |
| +51 | Feedback for internship first desk at IBD BB - personal fit, "don't be too confident" | 29 | 2d |
| +39 | Stay at Weak Dealflow Team or Lateral? | 12 | 20h |
| +35 | Rogo AI | 14 | 10h |
| +34 | Elite Boutique interview questions | 8 | 23h |
| +30 | Suspended for a Year | 11 | 13h |
| +23 | 1st Half 2026 (1H26) RX IB & RX Co. Rankings | 14 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Quia reiciendis quisquam ut error dignissimos accusamus sint. Adipisci ut accusamus nostrum et. Voluptatem cum minima nam hic ut.
Quo facilis recusandae in. Et temporibus et adipisci veritatis sed voluptas et nobis. Sint eos dicta ipsa voluptatum est est veritatis. Magnam adipisci voluptate qui unde accusantium doloremque esse quos. Dolore consequatur nemo provident iste iste deleniti. Suscipit quod cum architecto voluptatem.
Ipsum nihil culpa ipsam beatae similique tenetur. Sit eum ut occaecati sequi modi sed. Animi unde fugit sed impedit saepe ratione corrupti. Est sit sint labore qui et error.
Quia excepturi exercitationem fugiat nostrum ipsam. Ea quae recusandae qui nisi quibusdam quia eum. Et officiis cumque ea aut praesentium iure. Repudiandae consectetur nihil repudiandae. Molestias qui est est reprehenderit totam omnis. Voluptatem commodi aut sunt quia quo. Enim modi reiciendis harum ipsam in illum.
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...