Advanced Excel Skills for Accountants (Video) (Course Id 2747)

• Who is this course for?
  This course is intended for anyone needing Continuing Professional Education (CPE), particularly CPAs and accountants with prior experience in Microsoft Excel.

• What is this course about or what problem does this course solve?
  This course helps accountants enhance their Excel capabilities by teaching advanced functions like INDEX/MATCH, XLOOKUP, Power Query for transforming exported reports, and the Solver feature for analytical problem-solving.

• How can the knowledge from this course be used?
  Participants can use these Excel skills to improve data analysis, streamline report formatting, and identify combinations of financial values that meet specific totals, making their accounting tasks more efficient.

• Why is this course important to a CPA or Accountant?
  This course is important to CPAs and accountants as it strengthens their ability to handle complex Excel tasks, which is crucial for accurate financial analysis and reporting in modern accounting environments.

• When is this course relevant or timely?
  The course is especially relevant now, with updates that reflect the features in Excel 2021 and Microsoft 365, which are widely used in current professional accounting practice.

• How is a course like this consumed or used?
  This course is delivered as a QAS self-study video, where participants learn through demonstrations supported by handouts and an Excel workbook, and must pass a final exam to earn CPE credit.

In this presentation author and Excel expert David Ringstrom, CPA, helps you expand your Excel toolbox by comparing the INDEX/MATCH functions to the XLOOKUP worksheet function in Excel 2021 and Excel for Microsoft 365. You'll also see how to transform ugly reports exported from accounting software and other platforms into analysis ready formats by using Power Query. David will also show you how to use Excel's Solver feature to identify the combination of amounts from a list, such as invoices or deposits, that add up to an amount of your choice.

David is the author of “Microsoft Excel 365 for Dummies”, “Exploring Microsoft Excel’s Hidden Treasures”, and has written or co-authored six other books. He demonstrates every technique at least twice: first, on a PowerPoint slide with numbered steps, and second, in the subscription-based Excel for Microsoft 365. David draws your attention to any differences in Excel 2021, 2019 or 2016 during the presentation and in his detailed handouts. The handouts include an Excel workbook with most of the examples he uses during his demonstrations.

Excel for Microsoft 365 is a subscription-based product that receives periodic feature updates. Conversely, perpetually licensed versions have year numbers in their names and do not receive any feature updates.

Video - NASBA QAS - NASBA Registry - 2747

Course Learning Objectives

• State the function numberthat instructs the SUBTOTAL function to sum a range of numbers.
• State the purpose of the column_index_num argument within VLOOKUP.
• Specify which ribbon tab the Keep Rows command appears on within the Power Query Editor.

Chapter 1 - Advanced Excel Skills for Accountants

Chapter 1 Review Questions

Key Terms