Our flashcards for your next interview

Investment Banking Prep

Accounting · EV Bridge · Valuation · M&A · Private Equity · Debt
More questions coming soon — I'm working toward 500 questions across all topics and difficulties.
Free preview — showing 121 of 246 cards. Full deck includes all the topics, every difficulty.
Unlock full deck
121 cards
AccountingEasy
№ 001 / 121
Question
What are the three financial statements and what does each show?
tap or press space to flip
AccountingEasy
№ 001 / 121
Answer
Income Statement: revenues, expenses, and net income over a period (i.e. FY25, H1 2025, March YTD. Balance Sheet: snapshot of assets, liabilities, and equity at a point in time (stock values). Assets = Liabilities + Equity. Cash Flow Statement: reconciles net income to actual cash inflows/outflows via Cash Flow from Operations (CFO), Cash Flow from Investing (CFI), Cash Flow from Financing (CFF) over a period.
tap or press space to flip back
←
space
→
s

Need more practice?

Real interviews exercises

Take pen and paper: short quantitative exercises that interviewers use to test if you can apply the theory. EV bridge, LBO math, Debt.

Start drilling →

Business cases

Real business cases for the final steps of your interview processes. These are the most difficult because they test your business acumen and whether you can apply the theory and the exercises logic to real world cases. Part of the cases are real deals Info Memo.

Explore cases →