Advanced Technicals: Part I // Accounting & Tax

Mastering edge cases forces you to build true finance intuition. Whether you are a beginner or a veteran, this session moves beyond memorization to the mechanics behind the rules. By analyzing where standard guides break down, you ensure you can handle any curveball in a Superday. In Part I of this 4-week series, we focus on Ownership & Tax Theory. We will break down how different deal structures impact the financial statements and the tax reality of a transaction. Agenda - Intro & Market Brief (5m): Who I am, the goal of this series, and major news to know this week. - Rapid-Fire Lesson (30m): A guided breakdown of questions within the topics listed below. - Q&A (10m): Open floor for questions. Sample Topics -Asset vs. Stock Sales: The tax implications of Section 338(h)(10) and why sellers prefer Stock while buyers prefer Assets. - Investment Methodologies: The accounting differences between holding <20% (Cost), 20-50% (Equity Method), and >50% (Consolidation). - NOLs & Tax Schedules: Modeling the "NOL Roll-forward" and understanding usage limits. - SBC (Part 1): The Tax Impact. How Stock-Based Compensation creates Deferred Tax Assets (DTAs) due to Book vs. Tax timing. About the Host Michael N. is the Founder of OFFERGOBLIN and a former UChicago Tech Lead. He previously worked at Centerview Partners.