Author : | David Ringstrom, CPA |
Course Length : | Pages: 3 ||| Review Questions: 6 ||| Final Exam Questions: 10 |
CPE Credits : | 2.0 |
IRS Credits : | 0 |
Price : | $29.95 |
Passing Score : | 70% |
Course Type: | Video - NASBA QAS - NASBA Registry |
Technical Designation: | NonTechnical |
Primary Subject-Field Of Study: | Computer Software & Applications - Computer Software & Applications for Course Id 1507 |
Description : | Waterfall calculations are used to allocate cash flow among two or more partners based on their agreed-upon return parameters. In this comprehensive course, Excel expert David Ringstrom, CPA, brings his prior commercial real estate experience to the forefront by walking you through assembling a waterfall calculation from scratch. He begins with a blank worksheet and details every input and formula. David covers such concepts as range names, although he provides cell-address references you can use in lieu of range names if you so desire. He contrasts using the IRR worksheet function versus the XIRR worksheet function for computing investment returns. Additional worksheet functions—MIN, ROUND, DATE, SUMIF, and others—are included in the discussion. Check figures are used extensively throughout the model to ensure data integrity. Check figures also empower users to easily follow the calculations through the tiers. David demonstrates every technique at least twice: first, on a PowerPoint slide with numbered steps, and second, in the subscription-based Office 365 version of Excel. David draws your attention to any differences in the older versions of Excel (2019, 2016, 2013, and earlier) during the presentation as well as in his detailed handouts. David also provides an Excel workbook that includes most of the examples used in the course. Office 365 is a subscription-based product that provides new-feature updates as often as monthly. Conversely, the perpetual licensed versions of Excel have feature sets that don’t change. Perpetual licensed versions have year numbers, such as Excel 2019, Excel 2016, and so on. |
Usage Rank : | 11818 |
Release : | 2019 |
Version : | 1.0 |
Prerequisites : | Experience building cash flow models or other detailed spreadsheets in Microsoft Excel. |
Experience Level : | Overview |
Additional Contents : | Complete, no additional material needed. |
Additional Links : |
Create an Excel Waterfall Chart
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Advance Preparation : | None. |
Delivery Method : | QAS Self Study |
Intended Participants : | Anyone needing Continuing Professional Education (CPE). |
Revision Date : | 01-Mar-2024 |
NASBA Course Declaration : | Participants must complete the final examination within one year of purchase and with a minimum passing grade of 70% or better to receive CPE credit unless otherwise noted on the Course History page (i.e. California Ethics must score 90% or better). After logging in click on the Course History links on your My Courses page for the Begin date and Expire date for the Final Exam. |
Approved Audience : | Video - NASBA QAS - NASBA Registry - 1507 |
Keywords : | Computer Software & Applications, Agile, Excel, Waterfall, Calculations, Video, cpe, cpa, online course |
Learning Objectives : |
Course Learning Objectives |
Course Contents : | Chapter 1 - Agile Excel: Waterfall Calculations Chapter 1 Review Questions Glossary - Key Terms |