K2's Mastering Advanced Excel Functions and Formulas

Course Description

Excel has more than 400 functions, many of which are unused by most accounting and finance professionals. Some of these little used functions can be used to calculate depreciation, mortgage interest and principal reduction, cash flow analysis over unequal periods, and trap errors. It's time for you to break out of your Excel cocoon. This two-hour session will put you on the path to improved Excel productivity by introducing you to powerful and time saving but little used Excel functions. Among other topics, you will learn about logical and conditional formulas, including using Boolean operators; advanced financial formulas such as XNPV and XIRR; innovative uses for Excel's date functions, and SUMPRODUCT, GETPIVOTDATA, and INDIRECT.

Learning Objectives

Upon completing this course, you should be able to:

• Use Excel's financial functions to compute depreciation, calculate mortgage interest and principal reduction, and perform conventional cash flow analysis
• List three Excel functions for making conditional calculations that can evaluate multiple conditions
• Explain the general process of entering an array formula in Excel
• Describe the benefits of using GETPIVOTDATA for extracting summarized data from a PivotTable

Course Information

• CPE Credit: 2.0 hours Computer Software and Applications
• Prerequisites: Good working knowledge of Excel
• Program Level: Intermediate
• Advance Preparation: None
• Who Should Participate: None

Instructor

• Name: Lawrence A. "Mac" McClelland
• Hometown: Carriere, MS
• Bio: Mac McClelland, an attorney and accounting professional, is an associate of K2 Enterprises of Hammond, Louisiana, and Network Management Group of Hutchinson, Kansas. Mac was formerly the director of the Centre for Financial Studies at the University of Otago in Dunedin, New Zealand, where he lived and worked for seven years from 1990 to 1997. He was also a member of the faculty of the Advanced Business Programme, ranked in the top 100 MBA programs in the world by The Economist, specializing in business strategy and strategic management accounting. He gained his practical experience in information systems with the National Aeronautics and Space Administration, and has an established practice in business and technology consulting. Mac has taught hundreds of continuing professional education seminars to accountants and business managers in the United States, New Zealand, Australia, Japan, and Southeast Asia. His presentations are highly rated, and he has won several awards for teaching excellence. Mac has been published in leading business and practitioner journals, including Tax Ideas, Computers in Accounting, Journal of Accounting Education, Chartered Accountants Journal of New Zealand, and the top-rated Journal of Accounting Research.