0
Upcoming SlideShare
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Standard text messaging rates apply

# Explore some awesome excel shortcuts to audit financial models

277

Published on

For full text article go to : http://www.educorporatebridge.com/financial-modeling/explore-some-awesome-excel-shortcuts-to-audit-financial-models/ Through this video explore some awesome excel …

For full text article go to : http://www.educorporatebridge.com/financial-modeling/explore-some-awesome-excel-shortcuts-to-audit-financial-models/ Through this video explore some awesome excel shortcuts to audit financial models you will learn different shortcuts which one can use in order to audit a financial model like Ctrl ~, F5 , F2 etc.

Published in: Education, Technology
1 Like
Statistics
Notes
• Full Name
Comment goes here.

Are you sure you want to Yes No
• Be the first to comment

Views
Total Views
277
On Slideshare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
15
0
Likes
1
Embeds 0
No embeds

No notes for slide

### Transcript

• 1. Explore some awesome excel shortcuts to audit financial models
• 2. Shortcut 1 – Ctrl Page up / Ctrl Page down A financial model has different sheets to navigate. Using a mouse to navigate through these sheets every now and then can be a bit tough. Avoid using mouse & use the keyboard shortcut CTRL + Page up OR Ctrl + Page Dwn to navigate to different worksheets
• 3. Shortcut 2 – F2 Key F2 key of the key board is used if you want to know:- • The formula used to calculate a certain item • The cells used to calculate the formula • Edit the formula
• 4. Shortcut 2 – F2 Key • Example - To check the formula & cells used to calculate the EBITDA. • Go to the desired EBITDA cell & click on F2 key. • The cells that are used to calculate will get highlighted by different colors. • Now to change the cell linked in the formula  I.e. to calculate EBITDA if you want to use F8 instead of E8 then just click in the highlighted rectangle and drag and drop to the required cell. The changes will be incorporated • To come out of it click on any cell of the Worksheet or click ESC key of the key board.
• 5. Shortcut 3 – Ctrl { • An effective financial model does not have sheet linked from one worksheet only but it has cells linked from different worksheets from the same workbook as well. • Imagine a situation  Your balance sheet is not tallying due to wrong linkages of interest expense and you need to check which cell it got linked to.  The interest expense of income statement needs to be linked from interest expense schedule which is available in different worksheet.  What will you do to overcome this situation? Will you check the cell number it got linked to and go to that worksheet & manually find which cell it was? Part 3Part 2Part 1
• 6. Shortcut 3 – Ctrl { • Use the shortcut key Ctrl + { • This shortcut will bring you to the cell it got linked to from any worksheet available in the same work book. Part 3Part 2Part 1
• 7. Shortcut 3 – Ctrl { Part 3Part 2Part 1 Press Ctrl { on the interest expense cell of which you need to check the linkages The highlighted cell suggest the cell which has been linked
• 8. Shortcut 4 – F5 • Using the above shortcut key you have reached to the cell which actually got linked. But you have not completed the audit of income statement completely so you want to go back to income statement and start from the same cell you were checking the linkage and complete the audit. • Again now what will you do? Getting a thought of doing it manually is a bad idea. • To overcome this situation use the F5 shortcut key . Part 2Part 1
• 9. Part 2Part 1 • For example , you had used this ctrl +{ Shortcut and came to the page it got linked & now to again go to the interest expense cell in income statement which you were linking.Press F5 on the same sheet you will see the cell it is referring to and click ok . • This will bring you to the cell it was referring. • Reference will generally refer to the previous cell you were at. Shortcut 4 – F5
• 10. Shortcut 5 – Ctrl ~ • This shortcut is used where for the entire worksheet you want to see the formulas used together. • So go to any cell of the worksheet where you want to see only the formulas and press Ctrl + ~
• 11. Shortcut 5 – Ctrl ~ • To check the cells linked to calculate EBITDA just click on the desired Cell and the cells that are linked will get highlighted. • To come back to numbers do the same procedure again go to any cell of the same worksheet and press Ctrl +~
• 12. For more information:- Knowledge is like a line with no ends so To know more on this topic click on the link below http://www.educorporatebridge.com/financial- modeling/explore-some-awesome-excel-shortcuts-to-audit- financial-models/
• 13. Be a part of edu CBA Family https://www.educorporatebridge.com/ Visit our website : https://www.educorporatebridge.com/free-courses/ Free Resources : https://www.facebook.com/CorporateBridgeGroup Like us on : https://twitter.com/corporatebridge Follow us on :
• 14. Thank You!!! If you have found this presentation to be useful, kindly Follow Follow us! Share Like