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9 ways to power your Excel skills

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Excel is more than spreadsheets. It can be used for data analysis and to transform numbers to graphics that can be used in presentations. That makes it a valuable tool for anyone in their finance career. Here are 9 handy demonstrations of how to use Excel better.

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9 ways to power your Excel skills

  1. 1. intheblackleadership . strategy . business Your essenTiaL business updaTe intheblackleadership . strategy . business Your essenTiaL business updaTe 9WAYSTO YOUREXCELSKILLS POWER
  2. 2. EXCEL CONTINUES TO TRANSFORM, A REASON WHY IT IS ONE OF THE WORLD’S MOST POPULAR DATA PROGRAMS. NEW FEATURES ARE ADDED CONTINUALLY AND THERE IS A WEALTH OF INFORMATION ONLINE TO HELP THOSE LOOKING TO SOLVE A PROBLEM OR USE EXCEL FOR A PARTICULAR TASK. THE LARGE COMMUNITY OF EXCEL USERS IS ALSO ON HAND TO OFFER EXPERTISE AND ADVICE. THE LATEST INTELLIGENCE FROM MICROSOFT EXCEL
  3. 3. EXCEL IS MORE THAN SPREADSHEETS. IT CAN BE USED FOR DATA ANALYSIS AND TO TRANSFORM NUMBERS TO GRAPHICS THAT CAN BE USED IN PRESENTATIONS. THAT MAKES IT A VALUABLE TOOL FOR ANYONE IN THEIR FINANCE CAREER. HERE ARE NINE HANDY DEMONSTRATIONS OF HOW TO USE EXCEL BETTER. CLICK THROUGH ON EACH SLIDE TO LEARN MORE.
  4. 4. LEARN MORE Expand your Excel horizons by performing calculations within your PivotTable. PivotTables are one of Excel’s most powerful features. They allow you to summarise huge data sets into a table-based report with just a few mouse clicks.
  5. 5. How to create a . variance chart in Excel. A variance chart plots both monthly. and year-to-date variances for two. .metrics over time. You might use it. to compare actuals versus budget.. LEARN MORE
  6. 6. Help your eyes with Excel highlighting Scanning across information in an Excel spreadsheet is much easier when you can highlight a row quickly. It also helps when you and a colleague are looking at a screen together. Save your eyes with this tip.. LEARN MORE
  7. 7. The power in. Excel mapping. .Excel mapping has. transformed Excel from. a data entry tool to one. offering self-serve business. intelligence. You can. drag and drop from a . data spreadsheet onto. 3D Maps, previously. called Power Maps.. LEARN MORE
  8. 8. .How to harness power query in Excel. .Power Query is an underutilised Excel tool. It allows you to extract data from multiple sources and perform data cleansing operations on that data.. LEARN MORE
  9. 9. How to capture logic in a single row. We have all seen those formulas. that have multiple IF functions. nested together. They can make. your head spin as you try to. follow and understand the logic. behind the formula. There is an. alternative. Capturing logic in.a. row, then referring to it in a. formula, can halve the length of. your formulas.. LEARN MORE
  10. 10. Understanding Excel’s misunderstood ‘Format as Table’ icon The Format as Table icon on the Home ribbon tab was added in Excel 2007. Unfortunately, most people think it is a formatting feature. Rather, it is a database option. By using the Format as Table icon, you instruct Excel to treat a table like a basic database. LEARN MORE
  11. 11. New Excel. text functions. Excel is known for its. ability to handle numbers,. but it also has many. functions dedicated to. manipulating text. You can. create sentences, codes. and more in Excel 2016. using two text functions,. CONCAT and TEXTJOIN.. LEARN MORE
  12. 12. Incredibly useful Excel shortcuts Excel has become a powerful data manipulation and reporting package, and as its functionality has grown, so have the number of shortcuts that enable users to save time. Neale Blackwood CPA runs A4 Accounting, providing Excel training, webinars and consulting services to organisations around Australia. These are his top Excel shortcuts: LEARN MORE
  13. 13. Easy steps to make data Relationships work in Excel. This video will enable. you to get a handle on. Relationships with Excel. 2013’s Data Model feature. and create PivotTable. reports with ease.. LEARN MORE
  14. 14. Modelling with tornado charts in Excel Excel MVP Liam Bastick outlines how he uses Excel and a two- stage technique he has developed using “tornado” charts and sensitivity analysis. Bastick says organisations can use tornado charts to identify the key drivers of their business. LEARN MORE
  15. 15. More resources from CPA Australia: • Recorded webinars • Workshops • Online courses FIND OUT MORE
  16. 16. INTHEBLACK.COM

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