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Philip de Vroe, Finance Storyteller
Prior to starting his own business in training and financial consulting, he built his financial curriculum through a variety of roles during 9 years at GE in Europe and US, both in industrial and financial services.
This instructor has 5 courses »To Access This Course:
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: May 28, 2022
44 Reviews (181 ratings)Reviews
Anonymous
(Sr. Dir Strategic Readiness Office)
This course provided a clear explanation of common financial terms. Structurally, the course outline included the Income Statement, but didn't specifically address the other financial statements, i.e. the balance sheet, statement of cash flow. However, assets were addressed relative to the calculations that were discussed. Examples were helpful to see the concepts explained with real situations.
Paul Morris
(Director, Compliance and Insurance at Sam Houston State University)
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.
Anonymous
(Mgr, Accounting/Reporting, Internal Repo..)
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.
Anonymous
(Project Manager)
The course provides a great overview of the different acronyms that are utilized within the financial industry. Great overview for first time investors and for personnel doing financial reporting and analysis work.
Anonymous
(Finance)
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.
Anonymous
()
Excellent course! The slide handouts are incredible...and very long with more than enough information. Presenter is engaging and energetic and the videos were worthwhile. Highly recommend!
Anonymous
(Functional Analyst)
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.
Anonymous
(-)
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.
Anonymous
(Accounting)
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
Mahira Sheikh
(Accounting Manager at DLC Group)
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..
Neal Stiles
(Finance Director at Contractor)
Very clear and concise presentation for all accounting and finance personnel. The presenter actually grew on me as the presentation progressed - quite enjoyable.
Shelby Raye
( at Nutrislice, Inc)
This was a basic overview of the most common calculations done to assess a business. The presenter made it easy to learn with the step by steps for each formula.
Anonymous
(CFO)
This course was a refresher on basic metrics and measures. It's the kind of course that aspiring executives should probably all take every few years.
Anonymous
(Director, Governance)
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.
Anonymous
(Chief of Operations)
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.
Kade Tibbetts
(Transaction Advisory at Intrinsic)
Thanks for the informational and straight-to-the-point course. A good blend of finance and accounting with real world applicability.
Anonymous
(Revenue Accountant)
Very clear and concise explanations taking the mystery out of these acronyms that we hear all the time but never truly understood.
Anonymous
(Accounting Manager)
Great overview of acronyms, selected financial ratios, and financial statement items. The slides were very clear and helpful.
Anonymous
(SVP, Finance)
The instructor kept his class interesting. The slides are very practical and I will keep them in my "back pocket"
Nancy Dodd
(CPA / Owner at Nancy V Dodd CPA)
Good overview of several financial metrics. May not be enough detail for someone with no prior exposure to them.
Anonymous
()
This was a really good course on the various different financial acronyms that are used in the real world.
Anonymous
()
interesting course. A wealth of information for novices or people not familiar with the subject matter.
Anonymous
(Consultant)
Great explanations of common finance terms. A good refresher of the in's and out's of formulas as well.
Derek Ettinger
( at GP Fund Solutions, LLC)
Although the instructor was effective, I did not think the choice of acronyms was really the "top ten."
Anonymous
(Controller)
Always appreciate a lesson in CAGR, NPV, IRR, and Earnings per share. This is a great course
Anonymous
(-)
Helpful course discussing some of the common acronyms that are prolific in the Finance area.
Anonymous
(Internal Auditor)
I love this author. Looked at all his courses. Interesting approach, lots of examples
Richard Dodson
(Consultant at Vaco)
The session flowed quickly, and smoothly. The supporting documentation is a keeper.
Jeff Spillane
( at Anslow Bryant Construction)
Clear explanations of typical business jargon. Especially helpful to non accountants.
Anonymous
()
This is a very interesting finance story telling course presented in a clear manner
Maxwell Hassenstein
( at NeoGenomics)
Great refresher to the most common acronyms that are used in corporate finance.
Anonymous
()
Very interesting and useful information that is highly relevant to my position.
Anonymous
()
The course and handout provides great detail on the various acronyms covered
Anonymous
()
Good content. Complex information delivered in simple terms. Well done.
Anonymous
()
Great course of top 10 financial acronyms explained which added value
Anonymous
(Software Developer)
Very well laid out, interesting concepts, concise and to the point.
Anonymous
()
Excellent acronym definition and explanations, including examples.
Joanne Mullins
( at Trimble)
Good organization of information: definition, example, calculation
Anonymous
()
Quick review of important financial acronyms. Good test and quiz.
Russell Burr
(FA at AAA of Western and Central NY)
This is a fine course and I will be recommending to others.
Anonymous
()
Good Course on all these acronyms. I found it interesting.
Anonymous
(CFO)
Great overview of financial metrics, i really enjoyed it.
Anonymous
()
Great review. Very easy to understand . Thank you Philip
Anonymous
(-)
Very informative and very well explained in the lesson
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 .