THE ENVIRONMENTS
Choose an environment, inspect the data room, and try the task. Change your answer to see which checks improve, then compare it with the scripted agent attempt and senior correction.
Read the evidence and build your answer.
Change your choices. Check what improves.
Compare the agent attempt and senior correction.
Private credit · Northwind LogisticsWatch the replay, compare the correction, then try the memo yourself.
Comps · Precedent transactions · DCF · Merger model · CIM and pitch book drafting
Harborstone ComponentsSelect comparable companies and calculate an illustrative enterprise value.
Where agents slip: A comp with a different business model is left in the set.
Open interactive demoCIM screening · LBO model · Quality-of-earnings review · IC memo
Alderbridge PackagingReconcile the EBITDA bridge before drafting an investment-committee screening memo.
Where agents slip: The same one-time cost is added back twice.
Open interactive demoCredit memo · Add-back analysis · Covenants · Borrowing base
Northwind LogisticsInspect the data room, build a credit memo, and run the implemented grader.
Where agents slip: Uncapped add-backs are permitted in the covenant EBITDA definition.
Open interactive demoInitiation reports · Estimate revisions · Price-target models
Cedarpath SoftwareUpdate the earnings model and reconcile it with revised company guidance.
Where agents slip: A guidance change is not carried into the estimates.
Open interactive demoEarnings model updates · Call and filing analysis · Thesis memos
Summitlane AnalyticsSeparate reported revenue growth from an accounting-timing effect.
Where agents slip: A revenue-recognition change in the 10-Q is missed.
Open interactive demoFinancial plans · Rebalancing · Suitability · Tax-loss harvesting
Meadowridge Advisory — fictional client accountReview a proposed tax-loss harvest for a conflicting replacement purchase.
Where agents slip: A proposed loss harvest repurchases the same security within the wash-sale window.
Open interactive demoMonth-end close · Reconciliation · Accruals · Revenue recognition
Brookfield Studio ServicesReconcile the month-end cash ledger to the bank statement.
Where agents slip: A documented timing difference is incorrectly flagged as an error.
Open interactive demoKYC/AML review · Loan underwriting · Account onboarding
Alderwick ServicesTrace the ownership chain before completing the exercise onboarding review.
Where agents slip: A beneficial owner is hidden behind two holding companies.
Open interactive demoClaims review · Underwriting · Policy comparison
Willowmere FabricationReview a fictional claim against the full policy and its controlling endorsement.
Where agents slip: A claim falls under an exclusion buried in an endorsement.
Open interactive demoBacktest hygiene · VaR and Greeks · Pre-trade compliance · Trade reconciliation
Quarryline Risk SystemsAudit feature availability in a synthetic backtest dataset; make no trading decision.
Where agents slip: A backtest uses future data: look-ahead bias.
Open interactive demoOut of scope: alpha generation and trading decisions.
Explore fictional supplier intake, correction review, a versioned environment package, and buyer evaluation.
Open the connected accounting demo →Match a fictional ledger to a bank statement, replay decisions and corrections, and inspect evidence-linked grades. A balanced close can still contain the wrong matches.
Open interactive reconciliation →