Advanced Accounting
This course is intended for those who want to go further in technical accounting preparation and prepare for the most complicated questions of the interviews.
Throughout the course, we address the most complex points of accounting that may be asked during interviews:
- Group accounts
- Calendarisation methods
- Financial projections
These points are key because they are also linked to the different valuation methods and the bridge between Enterprise Value and Equity Value. They are therefore very frequently tested in interviews, especially in the last rounds.
We will work on theoretical concepts to understand and master advanced accounting but also the very practical ways to answer questions .
- Walk me through group accounting methods
- Numerical cases on consolidation methods: Full, proportionate and equity investments
- What are minority interests? How are they recognized in the financial statements?
- What are equity affiliates?
- How to project a P&L? Which financial drivers are used?
- What is the difference between FIFO and LIFO?
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Course 1M&A TrainingConsolidation Methods and Group Accounts
When a company invests in another company, the accounting method depends on the % control. This course gives a detailed overview of all control thresholds and how to account for different stake levels.
31 min -
Course 2M&A TrainingCalendarisation
The purpose of calendarisation is to be able to compare companies that do not close their accounts at the same time of the year. We will study concepts widely used in finance and in interviews: LTM, NTM, YTD, FY, CY.
10 min -
Course 3M&A TrainingFinancial Projections
Financials projections are essential to build business plans or to value companies. This video will present an overview of key projection drivers that we will always use.
8 min -
Course 4M&A TrainingFocus on Inventories
This video gives a detailed overview of all the accounting methods for inventories, their advantages and drawbacks. The methods we will study are LIFO, FIFO and WAC (weighted average cost).
8 min