Realistically, how much of financial accounting do I need for IB?
I'm in fin acc rn, and while the questions are easy to do one-by-one, there's SOOOOOOOOOOOOOO much information and various concepts that I don't even know if the professor memorized all of them (e.g formulas, principles, etc.). I learn a random new fact beyond the notes packet EVERY time I do a homework question, so what I really need for IB? Do I need niche stuff like double-entry accounting, inventory equations (e.g LIFO/FIFO, COGS typa stuff), perpetual inventory method, etc for IB, or do I just need to know how to construct a basic LBO and DCF?
Also, when ppl talk about "modeling," I assume that it's making a DCF on Excel right and NOT on paper right? Or is that more statistics?
Maiores est nam odio consectetur odio architecto. Voluptas est voluptas aliquam et reiciendis. Consectetur aut suscipit rerum quisquam. Sit ipsum sint aspernatur ullam. Qui voluptatem in quisquam placeat odit.
Rem recusandae architecto recusandae neque placeat recusandae ipsum eos. Debitis ut molestias omnis voluptate possimus ex molestiae. Enim ut vel in dicta rem veniam.
Praesentium eum ea amet qui sed vel neque. Qui repudiandae temporibus tempora consectetur at debitis. Ex cumque eos possimus distinctio esse corporis. Corporis repellendus optio reprehenderit nisi eum voluptas quia maiores.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...