- Credits: 2
- Format: Self-Study Video
- Field of Study: Computer Software and Apps
- Author/Speaker: David Ringstrom
|Course ID:||Advanced Preparation:||Experience Level:|
|Published Date:||Program Prerequisites:||Other Course Formats:|
|© June 2020||Basic Understanding of Technology||N/A|
You’ll discover how to implement Excel’s powerful What-If Analysis Tools in this course presented by Excel expert David Ringstrom, CPA. David outlines how and when to make use of Excel’s Scenario Manager as well as how to use the Data Table feature to compare calculation results based on two or three inputs. You’ll also learn how to implement Excel’s Goal Seek feature to perform basic what-if analysis to solve for a single value.
David demonstrates every technique at least twice: first, on a PowerPoint slide with numbered steps, and second, in Excel 2016. He’ll draw to your attention any differences in Excel 2013, 2010, or 2007 during the presentation as well as in his detailed handouts. David also provides an Excel workbook that includes most of the examples he uses during the webcast.
- Enhancing the Summary Report generated by the Scenario Manager with range names.
- Using the Summary Report aspect of Scenario Manager to compare different scenarios side by side.
- Implementing a simple Excel macro that will empower you to apply multiple scenarios at once when you have more than 32 inputs.
- Exploring the Forecast Sheet feature in Excel 2016, which can extrapolate trends based on existing data in your spreadsheets.
- Enabling Excel’s Solver Add-in for more complex what-if analyses.
- Pausing Goal Seek when necessary to check the status of calculations that involve large numbers.
- Contrasting Excel’s Data Table feature with traditional approaches used in spreadsheets.
- Avoiding the need to write repetitive formulas with Excel’s Data Table feature.
- Utilizing the PMT worksheet function to calculate loan payment amounts.
After reading the course material, you will be able to:
- Describe how to apply Excel’s Solver Add-in for more complex what-if analyses.
- Apply the PMT worksheet function to calculate loan payment amounts.
- Define how to make one workbook serve multiple purposes by way of Excel’s Scenario Manager.
Who Should Attend:
- All Certified Public Accountants (CPAs)