K2's The How's and Why's of Creating User Defined Functions in Excel - On Demand (1 CPE Hour)
(1 CPD Hour Course)
With approximately 500 functions already present, Excel seemingly has a function for every need. But sometimes the function YOU need just simply isn’t available. For example, Excel does not have functions to calculate income tax expense or, in many cases, depreciation expense. To solve these shortcomings, you can create User Defined Functions (UDFs). UDFs provide you with the opportunity to create functions for use in any of your formulas and automate your most complex calculations. Join us to learn how to put the power of UDFs to work to simplify and automate even your most complex calculations.
Major Subjects Covered
- Examining UDFs relative to macros
- Identifying the steps necessary to creating UDFs in Excel
- Understanding where you should save UDFs
- Key syntax when creating UDFs
- Incorporating UDFs into your workbooks
Upon completing this session, you should be able to:
- Define the role of a User Defined Function in Excel
- List the steps necessary to create and save a UDF
- Differentiate between key phrases used in creating UDFs
- Create formulas that incorporate UDFs
- CPD credit: Recommended for 1 CPD hour 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 take advantage of Excel’s User Defined Functions to automate and simplify complex calculations. This course focuses on features found in the Windows-based version of Excel.
Instructional Delivery Method: QAS on-demand learning, including review and final exam questions. To earn credit, participants must pass the final exam with a score of 70% or better within one year of registering for this course. Participants may attempt take the final exam up to 10 times.