Budget & Financial Statement Bootcamp - 2 in 1 series
28 Aug 2019
- 01:00 PM to 02:30 PM EST
180 Minutes

Want to know How to make a budget spreadsheet & Dynamic Financial Statement that has everything you need and will never give you any fuss? In this bootcamp series, Excel expert David Ringstrom, CPA, demonstrates how to create effective and resilient budget & Financial Statement spreadsheets.

Budget & Financial Statement Bootcamp - 2 in 1 series

Acclaimed Microsoft Excel expert David H. Ringstrom, CPA, is the president and owner of Accounting Advisors Inc. based in Atlanta, Georgia. David founded Accounting Advisors in 1991 as a consulting-services business, but in 2009, he began teaching for continuing education providers as well.

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Creating Budget Spreadsheet - Part 1 & Dynamic Financial Statement - Part 2

Session 1 : Aug 29th 2019 : 01:00 PM to 02:30 PM : 90 Minutes

Session 2 : Aug 30th 2019 : 01:00 PM to 02:30 PM : 90 Minutes

 

Part 1 Overview - Budget spreadsheet
In this presentation, Excel expert David Ringstrom, CPA, demonstrates how to create effective and resilient budget spreadsheet as well as how to future-proof them once they're built. David shares several design techniques, including separating inputs from calculations, building out separate calculations spreadsheets, and developing both operating and cash flow budgets. Cash flow budgets are beneficial in that they calculate when to borrow against a line of credit, when to pay down the line of credit, and when cash is available to pay dividends.

Learning Objectives - Budget spreadsheet
• Learn to create both operating and cash flow budgets
• Learn how to Streamline formula writing
• Transform filtering tasks using the Table feature
• Understand the benefits associated with a variety of Excel functions
• Apply and isolate all user entries to an inputs worksheet
• Protect all calculations and budget schedules on worksheets
• Use range names and the Table feature to create resilient and easy-to-maintain spreadsheets
• Calculate borrowings from, and repayments toward, a working capital line of credit

Areas Covered in the Session (Budget spreadsheet)
• Avoiding the complexity of nested IF statements with Excel's CHOOSE function
• Streamlining formula writing by using the Use in Formula command
• Improving the integrity of spreadsheets with Excel's VLOOKUP function
• Comparing IFNA, IFERROR, and ISERROR functions and learning which versions of Excel support these worksheet functions
• Going beyond simple rounding with the ROUNDUP and ROUNDDOWN worksheet functions
• Learning a simple design technique that greatly improves the integrity of Excel's SUM function
• Using the SUMIF function to summarize data based on a single criterion
• Learning how range names can minimize errors, save time in Excel, serve as navigation aids, and store information in hidden locations
• Learning how the Table feature allows you to transform filtering tasks
• Preserving key formulas using Excel's hide and protect features

Part 2 Overview - Automating an Excel-Based Financial Statements -

In this session, Excel expert David Ringstrom, CPA, shows you step-by-step how to create dynamic accounting reports for any month of the year on just one worksheet. While Excel users often build worksheets for each month of the year, such worksheets can be cumbersome to revise. As an alternative, David explains how to use Excel functions, including VLOOKUP, OFFSET, and SUM, to quickly create accounting reports that allow you to switch to any reporting period with only two mouse clicks. He also outlines how to export data from your accounting package, improve the integrity of your spreadsheets, incorporate Check Figures and Alarms into you work, and more.

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

Topics/Areas Typically Covered:

  • Improving the integrity of spreadsheets with Excel’s VLOOKUP function.
  • Seeing how to use the Trusted Document feature in Excel 2010 and later to suppress the Data Connection security prompt.
  • Discovering how to incorporate Check Figures and Alarms into your work.
  • Using Conditional Formatting to draw attention to reports that don’t balance to the source data.
  • Learning why, in many cases, you should export reports intended for spreadsheet analysis to a .CSV file instead of an Excel workbook.
  • Creating an in-cell list by way of Excel’s Data Validation feature.
  • Learning a simple design technique that greatly improves the integrity of Excel’s SUM function.
  • Learning why, in many cases, you should export reports intended for spreadsheet analysis to a .CSV file instead of an Excel workbook.

Level: Intermediate

Learning Objectives / Why You Should Attend:

  • Define how to create accounting reports for any month of the year on a single worksheet.
  • Apply Conditional Formatting to draw attention to reports that don’t balance to the source data.
  • State how to export data from an accounting package to create a “set-and-forget” link to accounting data in Excel.

What You Get
• Training Materials
• Live Q&A Session with the Speaker
• Participation Certificate
• Earn 100 Loyalty points with every booking. You can redeem one live webinar with 300 loyalty points.

Who will Benefit
• Accountants and CPAs
• CFOs
• Financial consultants
• Controllers
• Accounting Personnel
• Human Resources Personnel

At the Q&A session following the live event, ask a question and get a direct response from our expert speaker

Important Note
1. For Live webinar attendee, you can find webinar joining details at user dashboard. (Create an account)
2. Live webinar attendees can download the participation certificate & credit points from dashboard after approval.
3. For Web download - You can download recorded video & handouts from user dashboard after Live webinar session.

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