Advanced Level Formulas for Accountants
This course will enable you to:
- Get to grips with the more complex formulas in excel
- Use named ranges to quickly navigate a workbook
- Read complex formulas with ease
- Calculate future value, carry out one and two variable analysis, use reference functions, and create dynamic ranges and user defined functions
- Carry out quick calculations and analysis on your data
- Understand functions such as PMT, Goal Seek, Scenario Manager, OFFSET and INDIRECT
Excel is an extremely powerful tool for accountants but are you using it to its full potential? Here we look at how to use Excel at an advanced level and the benefits that can bring.
This course will help you develop the skills you need to carry out quick calculations, whether you're trying to calculate loan repayments, or carry out what if analysis on your data. You'll learn how to calculate future value, carry out one and two variable analysis, use reference functions, and create dynamic ranges and user defined functions.
Financial Functions in Excel
- How do I calculate future value in Excel?
- How do I calculate effective interest rate?
- How do I calculate present and net present values?
- How do borrowers use the PMT function?
- How do I use the PMT function from the lenders view?
Analysis for Accountants
- How can I carry out a one variable analysis in Excel?
- How can I carry out a two variable analysis in Excel?
- What is Scenario Manage, Goal Seek and Solver?
- How do I use Scenario Manager?
- How do I use Goal Seek?
- How do I use Solver?
- What are reference functions and how do they benefit Accountants?
- What is the OFFSET function?
- How do I use OFFSET?
- What is the INDIRECT Function?
- How do I use INDIRECT and overcome errors?
- How do I use Rows and Columns?
- What is CHOOSE function?
Named Ranges and User Defined Functions
- What are named ranges and what are the benefits of use for Accountants?
- How do I set up Named Ranges?
- How do I find and edit and use named ranges?
- How do I set up a dynamic named range?
- What Accountants should know about User Defined Functions?
- How to create a UDF?
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