Building Effective Budget Spreadsheets in Excel

Date: Thursday, August 15, 2019
Instructor: David H. Ringstrom
Begin Time:  9:00am Pacific Time
10:00am Mountain Time
11:00am Central Time
12:00pm Eastern Time
CPE Credit:  2 hours for CPAs

In this comprehensive presentation, Excel expert David Ringstrom, CPA, teaches you how to create resilient and easy-to-maintain budget spreadsheets. Among other techniques, David shows you how to separate inputs from calculations, build out a separate calculations spreadsheet, create both an operating and a cash flow budget, transform filtering tasks, and preserve key formulas.

David demonstrates every technique at least twice: first, on a PowerPoint slide with numbered steps, and second, in Excel 2019. He draws your attention to any differences in Excel 2016, 2013, or 2010 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.

Who Should Attend
Practitioners seeking to build budget spreadsheets that can be updated effortlessly and contain easy-to-follow supporting calculations.

Topics Covered

  • Crafting formulas to compute gross margins, projected sales, commissions, and related amounts
  • Avoiding the complexity of nested IF statements with Excel's CHOOSE function
  • Employing the SUMIF function to sum values related to multiple instances of criteria you specify
  • Employing the Name Manager feature to make corrections to range names or store notes about assumptions
  • Using the SUMIF function to summarize data based on a single criterion
  • Building formulas faster by way of the Use in Formula command
  • Learning how the Table feature empowers you to improve the integrity of Excel spreadsheets
  • Building operating budgets quickly based on detailed supporting schedules that provide an audit trail
  • Copying formulas efficiently down one or more columns at the same time
  • Building operating budgets quickly based on detailed supporting schedules that provide an audit trail
  • Using range names to streamline formulas and bookmark key inputs within a workbook

Learning Objectives

  • Describe the error that the CHOOSE function returns when the index number argument exceeds the number of values it has been given to display
  • Identify and name the direction that VLOOKUP typically returns data from
  • Identify the data integrity improvement that the Table feature adds to VLOOKUP

Level
Intermediate

Instructional Method
Group: Internet-based

NASBA Field of Study
Computer Software & Applications (2 hours)

Program Prerequisites
Experience with Excel Spreadsheets Recommended.

Advance Preparation
None

Registration Options
Individual
Group
*Note: 3 or more qualifies for discounted Group Participant Fee
Fees
Regular Fee $100
Group Participant Fee $77

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