Excel Skills For Auditors and Accountants
Human Resources

Excel Skills For Auditors And Accountants

CWS2025273
100 Minutes
Apr 4,2025 - Jun 30,2025
Overview

Are your Excel skills a little old school and slow? Need an efficiency boost using some new Excel tools and approaches? You’ll learn how to save dozens of hours a year and become a valuable resource to your team by making your files more dynamic, reducing the risk of errors, and providing a great, professional look.

If you’re an auditor, you know that it’s easy to make (and miss) mistakes in Excel. Knowing what to look for and how to avoid them is crucial. Knowing how the newest Excel tools work is a must to appropriately service your clients.

If you’re responsible for supporting auditors, you know how demanding the requests can be. Efficiency is key for getting your work done quickly and proactively, and freeing up time to manage the audit team.

In this course, you'll learn how to become super-efficient and how to take modern approaches that make your files more dynamic, reduce the risk of errors, and provide a great, professional look.

Even if you’re not a deep Excel user, you’ll gain insights that help you collaborate with your team and discuss what’s new and useful in Excel. We’ll also teach you how to continue your learning journey and keep up with the latest Excel trends.

Your Benefits For Attending :

  • Learn the risks to watch out for and how to avoid them
  • Learn valuable Excel tools all accountants should know
  • Learn crucial shortcuts for working efficiently
  • Learn time hacks that benefit yourself and others

Table of Contents

  1. Introduction 
  2. Who I’m Not
  3. Who I Am
  4. Agenda
  5. Risks
  6. Risks Abound
  7. Incorrect Data
  8. Formula Errors
  9. Hard-Coded Values
  10. Lack of Documentation
  11. Hidden Stuff
  12. Other Risks
  13. Tools
  14. Dynamic Array Functions
  15. DAF Examples
  16. Use Power Query
  17. Use Macros
  18. Shortcuts
  19. The Impact
  20. Don’t Sweat the Small Stuff
  21. Navigating
  22. Selecting
  23. Formulas
  24. Formatting
  25. Time Hacks
  26. New Window
  27. Watch Window
  28. Customize the Ribbon
  29. Navigation Pane
  30. Excel Checklist
  31. Key Takeaways
  32. Did You Enjoy This?
  33. Presentation Closing

Key Terms

Artificial Intelligence (AI): Artificial intelligence is intelligence demonstrated by machines, as opposed to the natural intelligence displayed by humans or animals.

Cell: In spreadsheet applications, a cell is a box in which you can enter a single piece of data. The data is usually text, a numeric value, or a formula. The entire spreadsheet is composed of rows and columns of cells.

Column: A column is a vertical series of cells in a chart, table, or spreadsheet in Excel.

Conditional Formatting: A feature on Excel's Home menu that allows you to dynamically apply formatting such as colors, bolding, icons, data bars, and so on based on criteria that you specify for a given set of worksheet cells.

Dynamic Array Function: Dynamic Arrays will make certain formulas much easier to write. You can now filter matching data, sort, and extract unique values easily with formulas. Dynamic Array formulas can be chained (nested) to do things like filter and sort. Formulas that return more than one value will automatically spill.

FILTER Function: The Excel FILTER function returns a range filtered on criteria you define. It can also handle multiple AND/OR criteria. array is the range or array containing the values you want filtered. include is the logical test that returns a Boolean array (TRUE/FALSE) the same height or width as the array.

Format: When we format cells in Excel, we change the appearance of a number without changing the number itself. We can apply a number format (0.8, $0.80, 80%, etc) or other formatting (alignment, font, border, etc). By default, Excel uses the General format (no specific number format) for numbers.

Formula: A formula is an expression which calculates the value of a cell.

LAMBDA Function: The LAMBDA function provides a way to create a custom function in Excel. Once defined and named, a LAMBDA function can be used anywhere in a workbook. LAMBDA functions can be very simple, or quite complex, stringing together many Excel functions into one formula. A custom LAMBDA function does not require VBA or macros.

LOOKUP: The Microsoft Excel LOOKUP function returns a value from a range (one row or one column) or from an array. The LOOKUP function is a built-in function in Excel that is categorized as a Lookup/Reference Function. It can be used as a worksheet function (WS) in Excel.

Macro: One or more lines of programming code that automate tasks. The Macro Recorder allows users to automate tasks without seeing the underlying programming code.

Navigation Task Pane: The Navigation pane in Excel is an easy way to understand a workbook's layout, see what elements exist within the workbook, and navigate directly to those elements. Find and access elements such as tables, charts, PivotTables, and images within your workbook. Once you've opened the Navigation pane, it displays on the right side of the Excel window.The Navigation pane also makes it easier for those with visual impairments to access all parts of the workbook. It can improve how tools such as screen readers interpret your workbook.

Order of Operations : The sequence with which Excel carries out arithmetic operations. Unless superseded by enclosing portions of a calculation in parentheses, Excel first divides, then multiplies, then adds, and finally subtracts.

Power Query: Power Query is a data connection technology that enables you to discover, connect, combine, and refine data sources to meet your analysis needs. Features in Power Query are available in Excel and Power BI Desktop. Power Query is one of three data analysis tools available in Excel: Power Pivot.

Query: A database query extracts data from a database and formats it in a readable form. A query must be written in the language the database requires; usually, that language is Structured Query Language (SQL). For example, when you want data from a database, you use a query to request that specific information.

Quick Access Toolbar: A customizable shortcut toolbar that appears above the ribbon in Office 2007 and later.

Ribbon: The "ribbon" is the strip of buttons and icons located above the work area that was first introduced in Excel 2007. The ribbon replaces the menus and toolbars found in earlier versions of Excel. Above the ribbon are a number of tabs, such as Home, Insert, and Page Layout.

Row: A row is the range of cells that go across (horizontal) the spreadsheet/worksheet. Rows are identified by numbers e.g. row 1, row 5. Examples of use. A row might contain the headings of a table e.g. product ID, product name, price, number sold.

SEQUENCE: The SEQUENCE function allows you to generate a list of sequential numbers in an array, such as 1, 2, 3, 4.

SORT: Sorting is the process of arranging objects in a certain sequence or order according to specific rules. In spreadsheet programs such as Excel and Google Spreadsheets, there are several different sort orders available depending on the type of data you're sorting.

Spreadsheet: Microsoft Excel is a spreadsheet developed by Microsoft for Windows, macOS, Android and iOS. It features calculation or computation capabilities, graphing tools, pivot tables, and a macro programming language called Visual Basic for Applications. Excel forms part of the Microsoft Office suite of software.

TEXTSPLIT: Splits text strings by using column and row delimiters. The TEXTSPLIT function works the same as the Text-to-Columns wizard, but in formula form.

UNIQUE: =UNIQUE - The Excel UNIQUE function returns a list of unique values in a list or range.

VBA - Visual Basic for Applications : Visual Basic for Applications is a computer programming language developed and owned by Microsoft. With VBA you can create macros to automate repetitive word- and data-processing functions, and generate custom forms, graphs, and reports. VBA functions within MS Office applications; it is not a stand-alone product.

Watch Window: A formula auditing and workbook navigation feature that enables users to monitor the value and formulas within key worksheet cells as well as easily navigate to said cells.

Workbook: In Microsoft Excel a workbook is a collection of one or more spreadsheets, also called worksheets, in a single file.

Mr. Derek Henry

Derek has an extensive 20+ year background in Accounting and IT, having held roles in public/corporate accounting and technical sales. He helps accounting and finance teams optimize their processes in Excel and beyond with training, tools, consulting projects, and productivity coaching.  He is passionate about efficiency and accountability.

Derek is a Certified Public Accountant and a Certified Fraud Examiner.  He lives with his family in Arlington, TX.  He is actively involved at church, and enjoys disc golf, softball, and having fun with his family.
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