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Transaction Services insights
Technicals, interview tips, and on-the-job reality from experts.
Julien N.· 7mo ago
Landed the job at EY Transaction Services
The case studies are clear, realistic, and built real confidence. I genuinely feel the training played a key role in helping me land the job.
Accounts Receivable and Bad Debt in Financial Due Diligence
How FDD analysts read accounts receivable in a deal: ageing, DSO, customer concentration, bad-debt provisioning, credit notes, cut-off and the working-capital peg.
accounts-receivablebad-debtworking-capitalfddrevenue-qualityInventory Analysis and Provisioning in Financial Due Diligence
Inventory in FDD: ageing, obsolescence, provisioning adequacy, valuation methods and pre-sale manipulation risks, and how each one hits the NWC peg and EBITDA.
inventory-analysisworking-capitalfddprovisioningred-flagsQuality of Net Assets (QoNA): The Balance Sheet Cousin of QoE
Quality of Net Assets (QoNA) in FDD: test the balance sheet for under-provisioning, overstated assets and off-balance-sheet items that feed net debt and working capital.
quality-of-net-assetsbalance-sheetfddnet-debtworking-capitalWorking Capital Requirement (WCR): Definition, Formula and M&A Use
WCR meaning, formula, and how FDD analysts use working capital requirement in M&A: SPA mechanism, benchmarks, worked example and common pitfalls.
wcrworking-capital-requirementworking-capitalnwcm-and-afdd-benchmarksWorking Capital Seasonality in Transaction Services
How to handle working capital seasonality in Financial Due Diligence: methodology, NWC peg implications and what it means for the closing date price adjustment.
working-capitalseasonalitynwc-pegfddtransaction-servicesWorking Capital Analysis in Financial Due Diligence
How to analyse working capital in Financial Due Diligence: normalisation methodology, seasonality, NWC peg and impact on the transaction price.
working-capitalnwcfddnormalisationtransaction-servicesTypes of Provisions and Their FDD Treatment
Provisions on the balance sheet can be debt-like items or working capital adjustments. Learn how FDD teams classify and challenge different provision types.
provisionsfddnet-debtworking-capitalbalance-sheetBuilding an NWC Bridge in Transaction Services
How to construct an NWC bridge in Financial Due Diligence: methodology, components, peg calculation and integration into the EV/Equity bridge.
nwc-bridgeworking-capitalfddnwc-pegev-equity-bridge
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