K2's Excel Tips & Tools for Better Budgets

Instructor

Thomas Stephens

Excel is the de facto budgeting and forecasting tool for most professionals, yet many don't leverage its numerous built-in tools. Learn Excel features such as FORECAST, FORECAST.ETS, TREND, Forecast Sheets, XNPV, and XIRR. Additionally, techniques to manage what-if analysis using Scenario Manager, Solver, and the value of performing Monte Carlo simulations. If you use Excel for budgeting and forecasting, you can't afford to miss this session.

Learning Objectives

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
Create Monte Carlo simulations to model risk in budgets and forecasts

Major Topics

Budgeting and forecasting-centric features in Excel
Excel’s capital budgeting functions
Using tools such as Scenario Manager, Solver, and Forecast Sheets to solve common budgeting problems

CPE Credits Available

Total CPE

2: Computer Software & Applications

Things to Know About This Course

Course Level

Intermediate

Prerequisites

Fundamental knowledge of computer operations and Microsoft Office Excel

Advanced Preparation

None

Intended Audience

Accounting, financial, and other business professionals who want to learn how to use many of the budgeting and forecasting-centric features found in Excel 2016 and newer

Provider

ACPEN