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Accounting Questions
The three financial statements, how they link, and why every IB interview starts here.
All topics
Accounting
Enterprise Value vs Equity Value
Valuation Methodologies
Discounted Cash Flow
Mergers & Acquisitions
Leveraged Buyouts
Markets & Why Banking
Brain Teasers & Mental Math
Fit & Behavioural
all
easy
medium
hard
5 questions
easy
Walk me through the three financial statements.
easy
What is the difference between a flow statement and a stock statement?
medium
If depreciation goes up by $10 and the tax rate is 40%, walk me through the three statements.
medium
Which of the three financial statements would you pick if you could only have one, and why?
hard
A company buys a $100 machine with $50 cash and $50 debt. Walk me through the three statements on day one.