Show navigation

Live Webinar

90-minute live streaming program
  • October 30
  • 1:00 - 2:30 pm EST

Utilizing "What If" Data Analysis in Microsoft® Excel®

October 30

Learn several important features of Excel® that comprise a powerful set of techniques that can assist you solve a variety of what-if-questions.

Whenever you want to explore the impact of using different variables when analyzing data, you need to have Excel® tools that allow you to work with dynamic data. These techniques range from using IF functions (extended via nesting and the use of AND and OR functions) to sophisticated mathematical models such as those found in the Excel® add-in called Solver. An easy-to-use feature called Goal Seek allows you to ‘work backward’ with a formula so that you can get a different answer based on changing one of a formula’s components – you set up the goal and Excel® reworks the formula. With a Data Table, you can easily create a grid of solutions based on two variables. Scenario Manager lets you create multiple scenarios within the same worksheet and a way to easily view different outcomes. The Solver add-in feature allows you to attain a goal based on multiple cells undergoing changes based on upper and lower constraints. These various features comprise a powerful set of techniques for solving a variety of what-if questions.

Learning Objectives

  • You will be able to review Excel®’s PMT function to make a monthly payment calculation match a goal.
  • You will be able to identify and set up multiple scenarios for fluctuating numbers.
  • You will be able to define and expand by using nested IFs.
  • You will be able to describe and create sophisticated models based on many different cells changing within constraints.

Purchase Options

More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Goal Seek - Reverse-Formula Calculations – Make a Formula Give You the Result You Want
  • Use Excel®'s PMT Function to Make a Monthly Payment Calculation Match a Goal
  • Use Goal Seek for Making Grand Totals (Based on Thousands of Cells) Equal a Set Amount
Data Table – Expand a Goal Seek Layout Into a Table Based on Two Variables Changing
Scenario Manager
  • Set up Multiple Scenarios for Fluctuating Numbers
  • Create a Scenario Summary to Expand/Collapse the Different Alternatives
  • Insert a Drop-Down Scenario Selector in the Quick Access Toolbar to View Different Scenarios
Solver – Create Sophisticated Models Based on Many Different Cells Changing Within Constraints
Use the IF Function for Simple Either/or Calculations; Expand by Using Nested Ifs; Expand With and/or Functions
Purchase Options

More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

Live Webinar Registration

  • AIPB 1.5
     
  • This program is acceptable for 1.5 CPEC(s) towards the CB designation through the American Institute of Professional Bookkeepers (AIPB).
     
  • CPE 1.8 including Computer Software & Applications 1.8
     
  • Lorman Education Services is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: https://www.nasbaregistry.org/cpas/complaints. For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539. CPE Credit: Maximum Credit Hours: 1.8 each session (based on a 50 minute credit hour). You must attend at least 50 minutes to obtain credit. Field of Study: Computer Software & Applications for 1.8 hours. Prerequisite: . Level of Knowledge: Intermediate. Teaching Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: Group Internet Based. Please refer to the information in this brochure for outline, course content and objectives. Upon completion of this course, you will receive a certificate of attendance. Final approval of a course for CPE credit belongs with each state's regulatory board. Please note: In order to receive CPE credit for this course you MUST use the streaming audio option, as well as enable and complete the required progress checks.
     
  • Lorman Business Center, Inc. is a registered provider for CPA CPE through the State Education Department of New York, Sponsor number: 000640. The following course will carry the subject area of Specialized Knowledge and Applications for 1.5 hours.
     

Who should attend?

This live webinar is designed for business owners and managers, supervisors, associates, administrative professionals, analysts, controllers, bookkeepers and accountants.

Purchase Options

More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Dennis Taylor

Dennis Taylor

Taylor Associates

  • Founder of Taylor Associates
  • More than 20 years of experience working with Excel®
  • Taught thousands of classes and seminars throughout the U.S. and Canada
  • Presented more than 700 Excel® webinars and is the author or co-author of six books on spreadsheet software
Purchase Options

More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • Live Webinars
  • OnDemand Webinars
  • MP3 Downloads
  • Course Manuals
  • Audio Recordings*
  • Executive Reports
  • White Papers and Articles
  • Sponsored Live Webinars

Additional benefits include:

  • State Specific Credit Tracker
  • Members Only Newsletter
  • All-Access Pass Course Concierge

* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

Sign Up Today
With This Course

Access to all training products for one year
$699/year

Unlimited Lorman Training

With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!

Easy Registrations

Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.

Invest in Yourself

You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.

Product ID: 404503
Published 2018
Purchase Options

Register today before this event fills.