EBITDA and provisions
A company accounts for revenue in Q1 from a contract. In Q2, the company realises that the counterparty to the contract is unlikely to be able to pay and hence, creates a provision.
How does this affect EBITDA?
A company accounts for revenue in Q1 from a contract. In Q2, the company realises that the counterparty to the contract is unlikely to be able to pay and hence, creates a provision.
How does this affect EBITDA?
+117 | Is my life over after not getting GS? | 28 | 1s | |
+70 | Best IB group on the Street | 32 | 10m | |
+65 | Thoughts and tips on how to speak like an investment banker. | 25 | 16h | |
+58 | BIG FOUR ARE PARADISE | 15 | 16h | |
+48 | Tell me one good reason why Jefferies isn’t going to be a top bank in the next 5 years | 23 | 8h | |
+36 | UBS Outlook | 28 | 1d | |
+35 | How to deal with egotistical team? | 6 | 3d | |
+33 | Highest Paid Bankers in Toronto? | 51 | 15h | |
+29 | Are you “less ambitious” for having long term goals outside of NYC | 13 | 34m | |
+26 | Very ridiculous interview feedback | 13 | 1h |
Career Resources