Description:
This course explores functions in Excel that CPAs should use to enhance productivity and ensure accurate answers when working with data. Functions are built-in, preset formulas in the Excel program that calculate certain values or accomplish a certain calculation goal. Functions are essential to CPAs as they provide a simplified user interface to work with complex formulas. This course covers basic functions and then goes into logic functions, text functions, lookup functions and financial functions. This course provides step by step instruction and Excel practice exercises.

Delivery Method: Interactive Online Self Study

Level: Overview

Prerequisites: None

Advanced Preparation: None

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Author: Patricia McCarthy

Category: Computer Software

Field of Study: Computer Software and Applications

Passing Score: 70%

Publication Date: 06/02/2020

Technical Details: CA, FL: Computer Software and Applications are technical subjects
TX: Computer Software and Applications are non-technical subject for TX.
NY: Advisory Services includes Computer Software and Application

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Objectives:
1. Recognize functions used to sum and count data and their uses
2. Identify logical functions to locate items to test and to locate and handle exceptions
3. Recognize text functions to manipulate text data
4. Recognize the vlookup function and a combination of the index and match functions
5. Compute a payment, rate, term, present value or future value using time value of money functions

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NASBA: Yes

QAS: Yes

CPA: Suitable for all CPAs

IRS: No IRS credit for Enrolled Agents.

Profession Identifiers : CPA