Surveying Summing Functions in Excel (Video) (Course Id 2636)

• Who is this course for?
  This course is designed for anyone needing Continuing Professional Education (CPE), especially CPAs and professionals with prior experience using Microsoft Excel.

• What is this course about or what problem does this course solve?
  The course addresses how to effectively use various summing functions in Excel, helping users enhance the accuracy and flexibility of data analysis and reporting.

• How can the knowledge from this course be used?
  Participants can apply the techniques learned to improve the integrity of SUM-based formulas, differentiate between similar Excel functions, and optimize data summarization in Excel workbooks.

• Why is this course important to a CPA, Accountant, or IRS Enrolled Agent?
  It is important because it empowers accounting professionals to utilize Excel more efficiently, supporting better data analysis, accuracy in financial calculations, and streamlined workflows.

• When is this course relevant or timely?
  This course is relevant now, especially with updates in Excel for Microsoft 365 and the ongoing use of Excel 2016, 2019, and 2021 in many accounting environments.

• How is a course like this consumed or used?
  The course is consumed as a self-study video format, featuring PowerPoint demonstrations and Excel workbook examples, with handouts and a final exam for CPE credit.

In this presentation author and Excel expert David Ringstrom, CPA shares several worksheet functions with you that will enable you to sum data in a variety of ways. Techniques include maximizing the statistics that appear on Excel's Status Bar, using the AutoSum feature, and future-proofing the SUM function. David will also compare the SUBTOTAL function with the Subtotal feature, contrast SUMIF and SUMIFS, demonstrate SUMPRODUCT, and much more.

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 - 2636

Course Learning Objectives

• Identify how to improve the integrity of SUM-based formulas in Excel.
• State what SUMIF returns if a match cannot be found.
• Recall the maximum number of criteria pairs that the SUMIFS function permits.

Chapter 1 - Surveying Summing Functions in Excel

Chapter 1 Review Questions

Key Terms