K2's Extending the Power of Excel with Useful Add-Ins

(2 CPD Hour Course)

There are many free or low-cost add-ins available to overcome the limitations of Excel. For example, the free Fuzzy Lookup add-in from Microsoft allows users to match inexact data. Ever try that with VLOOKUP? RiskAMP allows users to perform Monte Carlo simulations for capital budgeting; ActiveData provides users with the means to do sophisticated Benford Analysis and other CAATS techniques; and the Analysis ToolPak provides a full range of statistical analyses useful in budgeting and forecasting. This session will identify and demonstrate useful add-ins to improve Excel functionality and your productivity.

Learning Objectives

Upon completing this course, you should be able to:

• Identify five useful add-ins to extend the power and functionality of Excel
• Use the Fuzzy Lookup add-in to match inexact data
• Explain Benford Analysis and why it is useful in fraud detection
• Perform linear regression using the Analysis ToolPak
• Describe the process of performing a Monte Carlo simulation on cash flow data

Course Information

• CPD credit: Recommended for 2 hours Computer Software and Applications
• Prerequisites: Fundamental knowledge of computer operations and Microsoft Excel
• Program level: Intermediate
• Advance preparation: None
• Who should participate: Business professionals who are seeking to maximize the functionality of Excel by using add-in tools. This program focuses on Excel for Windows.