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Hi everyone,
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I am on Bench for the past 2 months in
IBM and I got 2 interview calls but it doesn't suite my profile/requirement and my band is 6B And how many calls I can attend in IBM ? Can I wait for some more time or shall I look for other opportunities? is IBM bench is safe now a days ? IBM Tata Consultancy Infosys Accenture
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Did anyone complete NNN?
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Any talks yet on the A&M bonuses?
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I'm surprised you have an interview, EY and KPMG just had layoffs. I had a case study for a large national TAS interview. Was asked to set up a databook and talk about trends/potential adjustments
I would touch on your auditing of P&L stuff like revenue recognition, etc. a lot of audits focus a lot on the BS while TAS engagements focus around producing Pro-forma P&L/EBITDA
Have an understanding of qoe, nwc, net debt and how they are related / impact the deal. a good story why you are interested in switching service lines and firms.
https://rsmus.com/pdf/wp_tas_cash_free_debt-free_transactions.pdf
Qoe - quality of earnings
NWC - net working capital
See what you can find online there's for sure some other materials. I'd recommend that you do your "due-diligence" 😄
What firm?
Understand how to calculate last twelve month financials. Get an understanding of the general / normal types of non-recurring / non-operational expenses (i.e. transaction expenses, lease termination fee)