Maximize Excel: Budget Spreadsheets
Presented by David H. Ringstrom, CPA
 

Duration: 100 minutes
 
Excel expert David Ringstrom, CPA, teaches you how to create resilient and dynamic budget spreadsheets in this valuable webcast. He shares helpful techniques, such as how to improve the integrity of your spreadsheets, separate inputs from calculations, streamline formula writing, preserve key formulas, and more.
 
David demonstrates every technique at least twice: first, on a PowerPoint slide with numbered steps, and second, in the subscription-based Microsoft 365 (formerly Office 365) version of Excel. David draws your attention to any differences in the older versions of Excel (2021, 2019, 2016 and earlier) 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.
 
Microsoft 365 is a subscription-based product that provides new feature updates as often as monthly. Conversely, the perpetual licensed versions of Excel have feature sets that don't change. Perpetual licensed versions have year numbers, such as Excel 2021, Excel 2019, and so on.
 
Who should attend:
Practitioners seeking to build budget spreadsheets that can be updated effortlessly and that contain easy-to-follow supporting calculations.
 
Topics covered:
 
• Accessing free downloadable budget templates that can be customized as needed.
 
• Avoiding the complexity of nested IF statements with Excel’s CHOOSE function.
 
• Building operating budgets quickly based on detailed supporting schedules that provide an audit trail.
 
• Crafting formulas to compute gross margins, projected sales, commissions, and related amounts.
 
• Employing the SUMIF function to sum values related to multiple instances of criteria you specify.
 
• Improving the integrity of spreadsheets by using SUMIF to look up values in a more flexible fashion than VLOOKUP.
 
• Improving the integrity of spreadsheets with Excel’s VLOOKUP function.
 
• Learning how the Table feature empowers you to improve the integrity of Excel spreadsheets.
 
• Navigating directly to inputs by using Excel's Name Box, and then returning to the previous location in the workbook via the Go To command.
 
• Preserving key formulas using hide and protect features.
 
• Protecting sensitive information by hiding formulas within an Excel workbook.
 
• Saving time by using the AutoSum formula to sum multiple columns at once with a mouse click or a keyboard shortcut.
 
Learning objectives:
• Identify how to isolate all user entries to an inputs worksheet, while protecting all calculations and budget schedules on additional worksheets.
• Apply 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.
 
 
Level:
Intermediate
 
Format:
Live Webcast
 
Instructional Method:
Group: Internet Based
 
NASBA Field of Study:
Computer Software & Applications (2 hours)
 
Program Prerequisites:
Previous Experience with Excel Spreadsheets
 
Advance Preparation:
None