Wall Street Mojo

JANUARY 3, 2024

Sales Return in terms of payroll journal entry can be defined as the one which shall be used to account for the customer returns in the books of account or to account for when there is a return of goods sold by the customer due to defective goods sold, or misfit in requirement of the customer, etc. read more is tallied.

Sale 98

Sale Accountant Financial Models Financial Modeling 98

Wall Street Mojo

JANUARY 4, 2024

Accrued interest Accrued Interest Accrued Interest is the unsettled interest amount which is either earned by the company or which is payable by the company within the same accounting period. Still, the same is not received or paid in the same accounting period. The maximum amount to be invested in the scheme is Rs 1 50,000 a year.

Accountant 98

Accountant Financial Models Financial Modeling Financial Statement 98

Wall Street Mojo

JANUARY 18, 2024

Trial Balance Meaning Trial Balance is the report of accounting in which ending balances of a different general ledger of the company are and is presented into the debit/credit column as per their balances, where debit amounts are listed on the debit column, and credit amounts are listed on the credit column.

Accountant 98

Accountant Book-building Financial Statement Financial Models 98

Wall Street Mojo

JANUARY 15, 2024

Article Link to be Hyperlinked For eg: Source: How to Read a Balance Sheet? wallstreetmojo.com) Balance Sheet The Balance Sheet A balance sheet is one of the financial statements of a company that presents the shareholders' equity, liabilities, and assets of the company at a specific point in time. How to Read Balance Sheet Equity?

Accountant 98

Accountant Financial Statement Debt Financial Models 98

OfficeHours

JUNE 6, 2023

There are many other articles on Office Hours about this process, so be sure to check them out. T he most important skill for a private equity junior is financial modeling. Understand the key components that firms evaluate, such as market analysis, financial modeling, valuation, due diligence, and risk assessment.

Private Equity 147

Private Equity Equities Financial Models Financial Modeling 147

Mergers and Inquisitions

OCTOBER 30, 2024

Recruiting is straightforward and much less competitive / time-sensitive than IB roles; you can get in coming from a solid-but-not-top-tier university with decent grades and good accounting knowledge. You need to know about accounting and the financial statements in all these roles, but that’s the main similarity.

Corporate Finance 105

Corporate Finance Finance Finance Corporation 105

Wall Street Mojo

JANUARY 16, 2024

Article Link to be Hyperlinked For eg: Source: Tax-Sheltered Annuity (wallstreetmojo.com) Such annuity income plans are available for employees of public schools and non-profit organizations. Rules Examples Advantages Disadvantages Tax-Sheltered Annuity vs 401K Recommended Articles How Does A Tax-Sheltered Annuity Work?

Accountant 98

Accountant Financial Models Financial Modeling Investment 98

Mergers and Inquisitions

DECEMBER 4, 2024

There’s also some variation in how teams account for player wages, training, and equipment, with some capitalizing and amortizing this spending over time. For more on these points, please see the public finance investment banking article and the analytical examples there.

Investment Banking 105

Investment Banking Bank Banking Investment 105

Wall Street Mojo

JANUARY 17, 2024

Statement of Cash Flows Definition A Statement of Cash Flow is an accounting document that tracks the incoming and outgoing cash and cash equivalents from a business. It helps identify the availability of liquid funds with the organization in a particular accounting period.

Accountant 98

Accountant Finance Finance Profitability 98

Wall Street Mojo

JANUARY 17, 2024

Article Link to be Hyperlinked For eg: Source: Tax Benefit (wallstreetmojo.com) A business needs to plan the that will help it to reduce the tax burden, either in the form of exemptions or deductions according to the tax benefit principle. Table of contents What is Tax Benefit? read more to $650,000. read more , therefore, is $850,000.

Financial Models 98

Financial Models Financial Modeling Insurance Business 98

Wall Street Mojo

FEBRUARY 8, 2024

Article Link to be Hyperlinked For eg: Source: Out Of Pocket Expense (wallstreetmojo.com) The employees, first spend the money out of their pocket, and then these get reimbursed by the company or business. In business, it can be the employee’s spending which one has spent for business- or work-related purposes.

Insurance 98

Insurance Medical Financial Models Financial Modeling 98

Wall Street Mojo

JANUARY 16, 2024

Article Link to be Hyperlinked For eg: Source: Pass Through Entity (wallstreetmojo.com) The reason for passing through income structure is that the owners otherwise get double taxed Double Taxed Double Taxation is a situation wherein a tax is levied twice on the same source of income. Start Learning Now Example #2 Let’s take another example.

Corporation 98

Corporation Profitability Financial Models Financial Modeling 98

Mergers and Inquisitions

JANUARY 22, 2025

People are convinced that financial modeling in equity research is vastly different from investment banking and that research requires different or more specialized skills. So, for example, quarterly financial models are more common in equity research, as are detailed bottoms-up models used in initiating coverage reports.

Investment Banking 64

Investment Banking Equities Banking Bank 64

Wizenius

JULY 26, 2023

In the past, before foreign banks entered India and the rise of MBA programs, Chartered Accountants (CAs) dominated the financial services sector and finance jobs. The Need for New Skills: To succeed in investment banking, CAs must acquire additional skills beyond their accounting expertise. Key areas to focus on include: a.

Investment Banking 52

Investment Banking Investment Banking Bank 52

Wall Street Mojo

JANUARY 16, 2024

A reconciliation statement refers to the banking summary prepared by the banks to list down the bank’s account balances and compare the same with their internal records. read more to have parity in the books of accounts of both legal entities. read more to have parity in the books of accounts of both legal entities.

Accountant 52

Accountant Bank Banking Financial Models 52

Wall Street Mojo

JANUARY 17, 2024

Article Link to be Hyperlinked For eg: Source: Revenue Sharing (wallstreetmojo.com) Primarily revenue distribution is a firm sharing its success with everyone—especially stakeholders. In those cases, auditing and maintaining proper accounting details help in clear communication and also avoids legal issues.

Shares 52

Shares Financial Models Financial Modeling Profitability 52

Wall Street Mojo

JANUARY 18, 2024

Article Link to be Hyperlinked For eg: Source: Payroll (wallstreetmojo.com) Payroll accounting software can be referred to for the amount paid by the companies to its employees in the form of the net pay ”The ”Employees’ read more after deducting all the statutory dues and other things as required. read more department.

Financial Models 52

Financial Models Financial Modeling Accountant Insurance 52

Wall Street Mojo

JANUARY 17, 2024

Article Link to be Hyperlinked For eg: Source: Profit and Loss Statement (wallstreetmojo.com) A company compares its actual P&L figures to predictions or industry benchmarks and accordingly makes adjustments in future strategies. It reflects the revenues and expenses of a firm for a fiscal year. Example How To Read?

Profitability 52

Profitability S&P Financial Statement Accountant 52

OfficeHours

AUGUST 20, 2023

If you enjoy financial modeling and due diligence (essential skills for most finance roles) but want to dig deeper into how businesses function operationally, then the buyside could be right for you. Many first-year (and some second-year) analysts are unsure if private equity should be their next step.

Private Equity 130

Private Equity Equities Investment Banking Finance 130

Wall Street Mojo

JANUARY 15, 2024

read more , and other requirements to express his opinion on the objective and unbiased view of the company’s financial statements during the period under consideration. An auditor issues a report about the accuracy and reliability of financial statements based on the country's local operating laws.

Financial Statement 52

Financial Statement Financial Models Financial Modeling Accountant 52

Wall Street Mojo

JANUARY 3, 2024

Article Link to be Hyperlinked For eg: Source: Fiscal Quarter (wallstreetmojo.com) The fiscal quarter may not be same for all companies operating in the market as it is not necessarily the months aligning with the calendar quarters. Table of contents What Is A Fiscal Quarter?

Financial Models 52

Financial Models Financial Modeling Public Trading Financial Statement 52

Wall Street Mojo

JANUARY 4, 2024

Article Link to be Hyperlinked For eg: Source: Cost Allocation (wallstreetmojo.com) It becomes necessary, especially for large organizations, because of the existence of various departments. It becomes vital to keep track of the cost incurred in each department to fix accountability and maintain control over costs.

Financial Models 52

Financial Models Financial Modeling Profitability Valuation 52

Wall Street Mojo

JANUARY 15, 2024

Article Link to be Hyperlinked For eg: Source: Majority Shareholder (wallstreetmojo.com) The majority shareholders enjoy decision-making power in the company as major decisions require their approval. Recommended Articles This article has been a guide to Majority Shareholder and its meaning.

Financial Models 52

Financial Models Financial Modeling Valuation Shares 52

Wall Street Mojo

JANUARY 18, 2024

Article Link to be Hyperlinked For eg: Source: Certificate of Deposit (CD) (wallstreetmojo.com) As a reward, the issuing financial entity offers premium interest rates. Usually, a CD is understood as a kind of savings account that offers a higher interest rate than an ordinary savings account.

Financial Institution 52

Financial Institution Accountant Bank Banking 52

Wall Street Mojo

JANUARY 17, 2024

Article Link to be Hyperlinked For eg: Source: Interest Rate Swap | Examples | Uses | Swap Curve (wallstreetmojo.com) In this context, vanilla swap is widely used in the market. Financial institutions with good credit ratings offer swap facilities to clients and charge fees from brokers.

Financial Institution 91

Financial Institution Bank Banking Financial Models 91

Wall Street Mojo

JANUARY 15, 2024

Article Link to be Hyperlinked For eg: Source: Loan Calculator (Personal and Educational) (wallstreetmojo.com) Despite its usefulness, educational loan calculators have limitations. Develop a repayment plan, taking into account the grace period after graduation and exploring options such as income-driven repayment plans or loan consolidation.

Education 52

Education S&P Financial Models Financial Modeling 52

Wall Street Mojo

JANUARY 15, 2024

To achieve this objective of retaining employees, employers offer a valuable financial incentive, which the former should be in a position to accept. Article Link to be Hyperlinked For eg: Source: Golden Handcuffs (wallstreetmojo.com) Golden handcuff is a significant measure that companies adopt to not lose their most productive employees.

Financial Models 52

Financial Models Financial Modeling Stock Valuation 52

Wall Street Mojo

JANUARY 17, 2024

Article Link to be Hyperlinked For eg: Source: Full form Of CDS (wallstreetmojo.com) CDS is also known as a credit derivative contract or instrument that is signed between two counterparties, i.e., the buyer and the third party, who agree to take the swap of the risk. This makes a huge difference in price. First loss Credit default swap.

Financial Models 52

Financial Models Financial Modeling Insurance Valuation 52

Wall Street Mojo

JANUARY 16, 2024

Article Link to be Hyperlinked For eg: Source: Cost of Labor (wallstreetmojo.com) It is an amount paid by employers towards the workers’ wages, benefits, and payroll taxes. Calculating this total or average cost of labor is an important responsibility of all accounting and finance professionals. Table of contents What Is Cost of Labor?

Financial Models 52

Financial Models Financial Modeling Manufacturing Management 52

Mergers and Inquisitions

NOVEMBER 15, 2023

I first criticized the CFA in a 2009 article , which generated a lot of angry comments. Financial Modeling or Python / Data Science / AI: Starting in 2024, you must complete a “Practical Skill Module” on one of these topics for Levels I and II of the exam. Please read the articles on lateral hiring and MBA-level recruiting.

CFA 59

CFA Investment Banking Bank Banking 59

Wall Street Mojo

JANUARY 18, 2024

It is also important to mention that non-sovereign bonds carry a high amount of counterparty risk, which needs to be taken into account before investing. Unlock the art of financial modeling and valuation with a comprehensive course covering McDonald’s forecast methodologies, advanced valuation techniques, and financial statements.

Financial Models 52

Financial Models Financial Modeling Debt Financial Institution 52

Focus Investment Banking

DECEMBER 5, 2024

In this article, I will expand on this question, as well as offer thoughts on managing the costs associated with a sale process and the importance of working in tandem with legal and financial specialists. This is the second in a series of articles that answers the most common questions I am asked by tire and service business owners.

Business 52

Business Sale Negotiation Accountant 52

Mergers and Inquisitions

MARCH 13, 2023

In 24 hours, it went from “We’re fine, but we took some losses and need additional capital” to “The FDIC is taking over, the government has guaranteed uninsured deposits, and there might be additional bank runs and a financial crisis or three.” but less than 10% of accounts at SVB were in that category (an unusually low percentage).

Banking 123

Banking Bank Funds Government 123

Mergers and Inquisitions

AUGUST 7, 2024

If you’ve read this site for a long time, you probably know that we focus on creating financial modeling courses and guides. Since I know Sam and the service, I’ve written this review/comparison article that outlines the program, who benefits from it, and how it differs from our coaching services.

Investment Banking 82

Investment Banking Bank Banking Investment 82

Mergers and Inquisitions

NOVEMBER 1, 2023

For more on this, please see our healthcare investment banking article. Areas like healthcare services and medical devices are fairly generalist and follow standard accounting and valuation. Advanced Financial Modeling : There’s a case study on Jazz Pharmaceuticals if you’re more interested in that vertical.

Private Equity 59

Private Equity Healthcare Equities Middle Market 59

Mergers and Inquisitions

MARCH 13, 2024

Most of this guide deals with the “late-stage VC” strategy, as dozens of other articles cover private equity strategies such as leveraged buyouts and traditional private equity. What accounts for the difference? At some firms, the answer is “a lot more sourcing.”

Private Equity 105

Private Equity Equities Capital Portfolio 105

Mergers and Inquisitions

AUGUST 16, 2023

I could stop this article here at ~50 words, but sometimes it’s fun to indulge in a fantasy, so I’ll continue with the topic and cover: Deal types , investment strategies, and top firms. But you’ll also see manufacturing, cleantech, consumer, energy, real estate, and financial services deals.

Private Equity 94

Private Equity Equities Recruitment Funds 94