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
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Prerequisites
No advance preparation or prerequisites are required for this course.