K2's Excel Tips and Tools for Better Budgets

K2's Excel Tips and Tools for Better Budgets

Excel Budget

Excel is the de facto budgeting and forecasting tool for most professionals, yet many who use Excel for these tasks do not take advantage of numerous built-in tools that can be beneficial for these tasks.  Among other topics, in this session you will learn how to work with Excel features such as FORECAST, FORECAST.ETS, TREND, Forecast Sheets, XNPV, and XIRR. Additionally, you will learn better ways to manage what-if analysis using Scenario Manager, Solver, and the value of performing Monte Carlo simulations. In short, if you use Excel for budgeting and forecasting, you can’t afford to miss this session!

Learning Objectives

Upon completing this session, you should be able to:

  • List key budgeting and forecasting-centric features in Excel;
  • Differentiate between Excel’s capital budgeting functions;
  • Utilize Scenario Manager to manage different sets of budget assumptions;
  • Solve complex, multi-variable equations with Excel’s Solver add-in; and
  • Create Monte Carlo simulations to model risk in budgets and forecasts
course information

CPE Credits: Recommended for 2 Hours of Computer Software and Applications

Instructional Delivery Method: On-demand learning, including review and final exam questions. To earn credit, participants must pass the final exam with a score of 70% or better within one year of registering for this course. Participants may attempt take the final exam up to 10 times.

Prerequisites: Fundamental knowledge of computer operations and Microsoft Office Excel

Program Level: Intermediate

Advance Preparation: None

Designed For: Accountants and business professionals seeking to enhance their skills when using Excel in budgeting and forecasting activities. This course focuses on features found in the Windows-based version of Microsoft Office Excel 2010 and newer.

Cost: $79.00

If you are interested in this session, you may also be interested in these on-demand sessions: