Accounting topics interviewers love
By the end of this lecture you will be able to
- Build a deferred tax schedule and explain DTLs, DTAs, NOLs and the valuation allowance
- Compute goodwill and the deferred tax liability created by write-ups, and say how asset and share deals differ
- Walk write-downs, equity-method income and a valuation allowance through the three statements
- Explain consolidation, noncontrolling interest, the equity method and defined benefit pensions, and how each enters enterprise value
- Judge the quality of earnings and spot the usual red flags
You now speak basic accounting. Today we cover the topics that separate a prepared candidate from a nervous one: deferred taxes, acquisitions and goodwill, stock-based compensation, stakes in other companies, pensions and the quality of earnings. None is hard once you see the logic, and each one reappears in valuation and M&A.
This is part of Premium
Premium gives you every lecture with its problem set, the full mining course, all the interview questions and mock interviews.
9 € a month or 79 € a year