Excel Skills for Finance and Accounting Professionals

Launch your career in MS Excel for Finance and Accounting by acquiring essential skills that will prepare you for the job market in 30 hours or less.

Highlights

Upgrade your career with top notch training 

  1. Enhance Your Skills: Gain invaluable training that prepares you for success.
  2. Instructor-Led Training: Engage in interactive sessions that include hands-on exercises for practical experience.
  3. Flexible Online Format: Participate in the course from the comfort of your home or office.
  4. Accessible Learning Platform: Access course content on any device through our Learning Management System (LMS).
  5. Flexible Schedule: Enjoy a schedule that accommodates your personal and professional commitments.
  6. Job Assistance: Benefit from comprehensive support, including resume preparation and mock interviews to help you secure a position in the industry.

Outcomes 

By the end of this course, participants will be equipped with:  

  1. Proficient Understanding of Excel Basics: Gain foundational knowledge of Microsoft Excel, including navigation, basic functions, and essential features relevant to finance and accounting.
  2. Skillful Data Entry and Formatting: Learn effective techniques for data entry, formatting cells and tables, and ensuring that financial documents are professional and easy to read.
  3. Application of Basic Functions and Formulas: Develop the ability to use essential Excel functions—such as SUM, AVERAGE, COUNT, and IF—to perform common calculations efficiently.
  4. Financial Functions Expertise: Acquire proficiency in using financial functions, including NPV (Net Present Value), IRR (Internal Rate of Return), PMT (Payment), and FV (Future Value), to analyze financial data effectively.
  5. Competence in Data Manipulation: Understand how to import, clean, sort, and filter financial data, enabling informed decision-making based on accurate information.
  6. Data Visualization Skills: Learn to create charts, graphs, and dashboards that effectively communicate financial information and insights to stakeholders.
  7. Budgeting and Forecasting Techniques: Gain skills in creating budgets, conducting financial projections, and performing scenario analysis to support strategic planning.
  8. Knowledge of Financial Reporting: Learn how to create essential financial statements such as income statements, balance sheets, and cash flow statements using Excel.
  9. Advanced Excel Techniques: Explore advanced features including complex formulas, nested functions, and conditional formatting to enhance data analysis capabilities.
  10. Automation Skills with Macros: Get introduced to the basics of automating repetitive tasks in Excel using Macros, improving efficiency in financial processes.
  11. Practical Application Through Projects: Engage in hands-on projects that allow participants to apply their Excel skills in real-world finance and accounting scenarios, building a portfolio of work.

Course Content

Welcome to the "Excel Skills for Finance and Accounting Professionals" course, a comprehensive training program specifically designed to empower individuals in the finance and accounting sectors with essential Excel skills. As Excel is a critical tool for data analysis, reporting, and decision-making in these fields, mastering its functionalities is vital for career success.

This course provides participants with a solid foundation in Microsoft Excel, starting from the basics and progressing to more advanced techniques tailored for finance and accounting applications. You will learn how to effectively manage and manipulate data, automate processes, and create insightful financial reports and analyses.

Join us on this journey to enhance your Excel expertise and set the foundation for a successful career in finance and accounting!

  • Understand the basic functionalities of Microsoft Excel, including navigation and the use of essential features that are critical for finance and accounting tasks.
  • Learn effective techniques for data entry, formatting, and organization to create professional-looking financial documents.
  • Acquire skills in using fundamental Excel functions, such as SUM, AVERAGE, COUNT, and IF, to perform basic calculations efficiently.
  • Gain proficiency in advanced financial functions, including NPV (Net Present Value), IRR (Internal Rate of Return), PMT (Payment), and FV (Future Value), essential for financial analysis.
  • Learn how to import, clean, sort, and filter data effectively to ensure accuracy in financial reporting and analysis.
  • Develop skills in creating charts, graphs, and dashboards to visually present financial data and insights, enhancing decision-making processes.
  • Master techniques for creating and managing budgets, conducting financial forecasts, and performing scenario analysis to support strategic planning.
  • Learn how to construct key financial statements, including income statements, balance sheets, and cash flow statements, using Excel.
  • Explore advanced functionalities, such as complex formulas, nested functions, and conditional formatting to improve data analysis efficiency.
  • Get introduced to automating repetitive tasks in Excel using basic Macros, which enhances productivity in financial operations.
  • Familiarity with basic computer operations, including using a mouse and keyboard, navigating file systems, creating folders, MS Word, and managing documents.
  • Familiarity with basic finance and accounting principles can enhance the learning experience, especially when engaged in financial functions and reporting.

This training will equip you for the following job roles and career paths:

  • Financial Analyst:
  • Accountant
  • Sales Analyst
  • Data Analyst
  • Treasury Analyst
  • Cost Accountant

Course Curriculum: Excel for Finance and Accounting

Module 1: Introduction to Excel for Finance and Accounting

  • Overview of Excel’s Role in Finance and Accounting
  • Introduction to Excel Interface and Essential Features
  • Understanding Excel Functions Relevant to Finance and Accounting

Module 2: Basic Excel Skills for Finance Professionals

  • Data Entry and Formatting Techniques
  • Utilizing Basic Functions and Formulas (SUM, AVERAGE, COUNT, IF)
  • Understanding Cell References (Relative, Absolute, and Mixed)

Module 3: Financial Functions and Calculations

  • Introduction to Financial Functions
    • NPV (Net Present Value)
    • IRR (Internal Rate of Return)
    • PMT (Payment Function for Loans)
    • FV (Future Value Calculation)
  • Using Excel for Break-Even Analysis and Profitability Projections

Module 4: Data Management and Analysis

  • Importing and Cleaning Financial Data
  • Sorting, Filtering, and Data Validation Techniques
  • Using Conditional Formatting for Financial Data Highlights

Module 5: Budgeting and Forecasting

  • Creating and Managing Budgets in Excel
  • Techniques for Financial Forecasting and Projections
  • Scenario and Sensitivity Analysis

Module 6: Financial Reporting and Analysis

  • Creating Basic Financial Statements (Income Statement, Balance Sheet, Cash Flow Statement)
  • Understanding and Calculating Financial Ratios
  • Using PivotTables for Data Analysis and Reporting

Module 7: Advanced Excel Techniques for Accounting

  • Creating Complex Formulas and Nested Functions
  • Advanced Charting Techniques for Financial Data Visualization
  • Working with Advanced Data Analysis Tools (Power Query, Power Pivot)

Module 8: Using Excel for Tax and Regulatory Compliance

  • Introduction to Compliance Reporting in Excel
  • Utilizing Templates and Checklists for Financial Compliance
  • Understanding how Excel can assist in preparing tax returns

Module 9: Automation with Excel

  • Introduction to Macros: Recording and Running Basic Macros
  • Automating Repetitive Tasks in Finance and Accounting
  • Brief Overview of VBA (Visual Basic for Applications) for Advanced Automation

Module 10: Final Project and Course Review

  • Final Project: Building a Comprehensive Financial Model or Report
  • Course Summary and Key Learnings
  • Q&A Session and Discussion of Real-World Applications

Demand for Excel Skills for Finance and Accounting Professionals

The demand for skills in Excel, particularly for finance and accounting professionals, is consistently high as organizations increasingly rely on data analysis and reporting to drive decision-making. Excel remains one of the most widely used tools in the finance and accounting sectors due to its powerful capabilities for data manipulation, financial modeling, and generating reports.

Completing the “Excel Skills for Finance and Accounting Professionals” course positions participants to effectively meet the growing demand for proficient Excel users.

Graduates of this course will find themselves in strong demand across various industries, including finance, accounting, corporate settings, and data analytics, making this course a valuable investment in their career development.

FAQS

What is the Excel Skills for Finance and Accounting Professionals course about?

This course focuses on equipping participants with essential Microsoft Excel skills specifically tailored for finance and accounting applications, covering a range of functions, data analysis techniques, and reporting practices.

Who is this course intended for?

This course is designed for finance and accounting professionals, students, or anyone looking to enhance their Excel skills for use in financial analysis, budgeting, and reporting.

What is the duration of the course?

The course is designed to be completed in approximately 32 hours, which includes 16 hours of instructor-led training and 16 hours of student practice.

What topics will be covered in this course?

The course covers essential techniques in Microsoft Excel, including essential functions, financial functions, data manipulation, data visualization, and reporting tools.

Will I receive a certificate upon completion?

Yes, participants will receive a certificate recognizing their proficiency in Excel skills for finance and accounting upon successful completion of the course.

Are there any prerequisites for enrolling in the course?

A basic understanding of computer operations and a familiarity with basic finance and accounting principles will be beneficial.

Will there be hands-on practice during the training?

Yes, the course includes practical exercises and hands-on projects that allow participants to apply their Excel skills to real-world finance and accounting scenarios.

Is the training delivered online or in-person?

The course can be offered in various formats, including online, in-person, or hybrid options, depending on the individual’s or organization’s requirements.

How will this course benefit my career?

Graduates can pursue various roles such as Financial Analyst, Accountant, Data Analyst, Business Analyst, and Budget Analyst, enhancing their qualifications in the finance and accounting field.

What if I have questions during the course?

Participants will have access to the instructor and support staff who can assist with any questions and provide guidance throughout the training.

How can I practice Excel skills outside of the course?

You can practice by creating your spreadsheets, using sample datasets, and following our blogs.

How can I register for the course?

To enroll in this course, please email us at enroll@ohiocomputeracademy.com.

Are group discounts available?

Yes, discounts may be available for group registrations. Please contact us at enroll@ohiocomputeracademy.com for more details on group pricing options.

Resources

Books:

Download: 

Download a free trial of MS Office from:  

https://www.microsoft.com/en-us/microsoft-365/free-office-online-for-the-web

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