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Excel Model Makeover: Reducing Prep Time from 1 hour to 1 minute (Video) (Course Id 1784)

QAS / Registry   Add to Cart 
Author : Lenny Wu, CPA, CGA, MBA
Status : Production
CPE Credits : 1.5
IRS Credits : 0
Price : $21.95
Passing Score : 70%
Course Type: Video - NASBA QAS - NASBA Registry
Primary Subject-Field Of Study:

Computer Software & Applications - Computer Software & Applications for Course Id 1784

Description :

The course is presented in four parts.

First, the course introduces a business case of a financial model that allegedly “did it all wrong”. The model requires over 30 steps and over 1 hour just to report on a simple 1-measure report. This becomes a great candidate for this Model Makeover course.

Next, the course lists what make a model great and how to achieve them:

  • Accuracy
  • Simplicity
  • Robustness

Third, we illustrate the full skills of building the fully overhauled model that would only take 1 minute to generate the report with only 2 steps. The whole process includes:Data sourcing

  • Data processing
  • Report generating
  • Automating, and
  • Validating

Last, the course evaluating the newly built model to determine how well it meets the requirements of a great Excel model.

Please Note: This course’s author is working on the providing transcripts, PDFs, and slides where applicable. Unfortunately until then we will not be able to offer them with the course but felt the course was valuable enough as it is so have chosen to include it on our site. Our sincere apologies for any inconvenience and please let us know any question using the support bubble on the bottom right of all pages on our site. 

Usage Rank : 0
Release : 2021
Version : 1.0
Prerequisites :
  • Basic Excel and Power Query knowledge
  • Example: be able to open one Excel file and connect to external data files, etc.
  • Recommended prerequisite: Power Query (Part 1): Ultimate Data Transformation
  • Experience Level : Overview
    Additional Contents : Complete, no additional material needed.
    Additional Links :
    Advance Preparation :
  • Basic Excel and Power Query knowledge
  • Example: be able to open one Excel file and connect to external data files, etc.
  • Recommended prerequisite: Power Query (Part 1): Ultimate Data Transformation
  • Delivery Method : QAS Self Study
    Intended Participants : Anyone needing Continuing Professional Education (CPE).
    Revision Date : 28-Jan-2021
    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 - 1784

    Keywords : Computer Software & Applications, Excel, Model, Makeover, Reducing, Prep, Time, 1 hour, 1 minute, Video, cpe, cpa, online course
    Learning Objectives :

    Course Learning Objectives

    After this course, you will be able to:
    • Master the full skills of designing, implementing and evaluating a financial model
    • Recognize 3 elements to make a great financial model
    • Build a dynamic connection to data files through Power Query
    • Control the financial model with pre-defined parameters in Power Query
    • Distinguish methods to append a new table to the bottom (as rows) or to the right (as columns)

    Course Contents :

    Chapter 1 - Excel Model Makeover: Reducing Prep Time from 1 hour to 1 minute

    Chapter 1 Review Questions

    Glossary

    CPE Computer Software & Applications Course: https://www.cpethink.com/excel-cpa-courses
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