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Acronyms. The business world, and especially the world of finance and accounting, is full of them. They are everywhere, and once you believe you master the most important ones, new acronyms that you may have never heard of seem to be creeping up in meetings, articles and presentations. It is challenging for most business people to remember the spelled-out form (the “expansion”) of many of these acronyms, let alone describe in depth what the concept actually means and how to calculate it.

The course “Top 10 financial acronyms explained” takes you through a selection of key acronyms, from a variety of areas: the income statement (EBITDA, EPS, SG&A), corporate strategy presentations (CAGR, ROA, VUCA), investment analysis (NPV, IRR), accounting (non-GAAP), and working capital management (DSO).

Top 10 financial acronyms explained” provides you with a clear explanation of the context and use of key acronyms, and helps you become a more valuable business partner by linking terminology to operational actions.

Learning Objectives

  • Explore the meaning and use of 10 important financial acronyms
  • Identify analysis and improvement opportunities in working capital management (Days Sales Outstanding - DSO) and cost control (Selling, General & Administrative Expenses - SG&A)
  • Discover how the variations on the income statement term earnings before interest, tax, depreciation and amortization (EBITDA) relate
  • Recognize the importance of “big picture” acronyms such as earnings per share (EPS), return on assets (ROA) and volatility, uncertainty, complexity and ambiguity (VUCA) in financial and strategic decision making
Last updated/reviewed: November 20, 2019

15 Reviews (70 ratings)Reviews

5
Member's Profile
Excellent course for entry levels staff and non-financial staff. Good primer for basics and improving critical base knowledge. Helpful information good to have exposure to this to understand what certain numbers are and what they do.
4
Anonymous Author
I enjoyed the storytelling portion of the course. However I felt there were a few questions on the exam that were not fully explained in the presentation. The materials had a lot of pictures but left out quiet a bit of the content.
5
Anonymous Author
Succinct review of commonly used financial acronyms that are primarily ratio based. Good balance of live examples in sample calculations and the "why" behind the ratio. Instructor's pace was perfect.
5
Anonymous Author
Good course. Instructor kept your attention and gave good explanations., It's a starter course so you will have to go deeper for more than a cursory understanding of the acronyms.
4
Anonymous Author
Good background on key terms. Would have helpful to provide additional information comparisons to peer groups, to identify when financial ratios were better or not so good.
5
Anonymous Author
This is an excellent course whatever your level might be. I am a CPA and found this very helpful- Examples are kept clear and to the point-Highly recommend this course
5
Member's Profile
These acronyms are very commonly used in the accounting / finance world. This course offered a valuable refresher even if we don't use all of them in everyday world..
5
Anonymous Author
Philip de Vroe is a great storyteller who makes the content fun and interesting. Going to sign up for more of his classes - great presentation.
4
Anonymous Author
I really liked the knowledge brush up on a few of the acronyms and on had new learning on others. Good explanations and easy to follow.
5
Anonymous Author
Very clear and concise explanations taking the mystery out of these acronyms that we hear all the time but never truly understood.
5
Anonymous Author
interesting course. A wealth of information for novices or people not familiar with the subject matter.
5
Anonymous Author
Great explanations of common finance terms. A good refresher of the in's and out's of formulas as well.
5
Anonymous Author
Always appreciate a lesson in CAGR, NPV, IRR, and Earnings per share. This is a great course
4
Anonymous Author
Good content. Complex information delivered in simple terms. Well done.
5
Anonymous Author
Good Course on all these acronyms. I found it interesting.

Prerequisites

Course Complexity: Foundational

No advance preparation or prerequisites are required for this course.

Education Provider Information

Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Course Syllabus
INTRODUCTION AND OVERVIEW
  00:54Introduction - Top 10 Financial Acronyms
Income Statement
  4:35EBIT - EBITA – EBITDA
  2:15EBITDA Example
  1:53EBITDA Calculation
  2:27Earnings Per Share (EPS)
  5:25Adjusted EPS
  9:23SG&A
Corporate strategy presentations
  7:19CAGR Explained
  2:40Return On Assets
  7:10Return on Assets Example
  7:22VUCA
Investment analysis
  6:26NPV and IRR
Accounting 12
  10:09GAAP Vs. Non-GAAP
Working capital management
  7:27Days Sales Outstanding & Conclusion
CONTINUOUS PLAY
  1:15:24Top 10 financial acronyms explained
SUPPORTING MATERIALS
  PDFSlides: Top 10 Financial Acronyms Explained
  PDFTop 10 Financial Acronyms ExplainedGlossary/Index
REVIEW AND TEST
  quizREVIEW QUESTIONS
 examFINAL EXAM