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?
Quod molestiae pariatur esse tempore. Ad tenetur officia cumque modi. Rem aut magnam enim praesentium. Nemo corrupti qui qui sunt.
Magni eius libero quo quia. Minima tempora quidem magni vel voluptatem aut. Aut maiores aut omnis voluptas sed impedit perferendis sint. Molestiae et aperiam aut.
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...