Excel Accountant: Internal Control

Course Description

In this online CPE webinar, Excel expert David Ringstrom, CPA, shows you how to implement internal control features within your Excel spreadsheets. He explains how several Excel features—Data Validation, Conditional Formatting, and hide and protect features—can be implemented to control users’ actions and protect your worksheets and workbooks from unauthorized changes. In addition, David explains the benefits of the VLOOKUP, SUMIF, and CELL functions.

David demonstrates every technique at least twice in this online continuing education course: first, on a PowerPoint slide with numbered steps, and second, in the subscription-based Office 365 version of Excel. David draws your attention to any differences in the older versions of Excel (2019, 2016, 2013, and earlier) during the presentation as well as in his detailed handouts. David also provides an Excel workbook that includes most of the examples he uses during the webcast.

Office 365 is a subscription-based product that provides new feature updates as often as monthly. Conversely, the perpetual licensed versions of Excel have feature sets that don’t change. Perpetual licensed versions have year numbers, such as Excel 2019, Excel 2016, and so on. 

This online CPE webinar covers the following key topics:

• Toggling the Locked status of a worksheet cell on or off by way of a custom shortcut.
• Utilizing Data Validation to limit percentages entered in a cell to a specific range of values.
• Creating an in-cell list by way of Excel’s Data Validation feature.
• Using a custom number format to hide zero amounts within a specific area of a spreadsheet.
• Using Conditional Formatting to identify unlocked cells into which data can be entered. 
• Improving the integrity of spreadsheets with Excel’s VLOOKUP function.
• Using Data Validation to create a rule that ensures dates entered within a cell are greater than or equal to today’s date.
• Ensuring proper VLOOKUP integrity by using Data Validation to create an in-cell drop-down list.
• Using Conditional Formatting to color-code your data, identify duplicates, and apply icons.
• Overcoming VLOOKUP’s quirks by using SUMIF to look up numeric values.
• Using Excel’s VLOOKUP function to lookup an item description based on an input provided by the user.
• Preserving key formulas using hide and protect features.

Click here to view more webinars: Auditing | Excel.

Learning Objectives

• To recall which ribbon tab contains the Data Validation feature.
• To identify which input is valid for a data validation rule limiting inputs to whole numbers between 0 and 100.
• To recall the ribbon tab the Table feature appears within.
• To discuss utilizing data validation to limit percentages entered in a cell to a specific range of values.
• To analyze how to create an in-cell list by way of excel’s data validation feature.
• To discuss how to use a custom number format to hide zero amounts within a specific area of a spreadsheet.
• To discuss how to use conditional formatting to identify unlocked cells into which data can be entered. 

Recommended For

This online Excel CPE webinar will be helpful for CPAs, CMAs, CIAs, CFEs, and Other Professionals who develop spreadsheets and want to prevent unauthorized changes in the spreadsheets.

Who Should Attend?

Webinar Qualifies For

• 2 CPD Credit of Auditing for Chartered Professional Accountant (CPA Canada)
• 2 CPE Credit of Auditing for Certified Public Accountants (CPA-US)
• 2 CPE Credit of Auditing for Certified Management Accountants (CMA)
• 2 CPE Credit of Internal Auditing for Certified Internal Auditors (CIA)
• 2 CPE Credit of Auditing for Certified Fraud Examiner (CFE)
• 2 CE Credit for Certified Fiduciary & Investment Risk Specialist (CFIRS)
• 2 CE Credit for Certified Wealth Strategist (CWS)
• 2 General Credit for Accountant/Bookeeper
• 2 CPD Credit for CA - ICAEW
• 2 CPD Credit for Chartered Certified Accountants (ACCA)
• 2 CPD Credit for Chartered Accountants - Ireland (CAI)
• 2 CPD Credit for Chartered Accountants - Scotland
• 2 CPD Credit for CPA - Ireland
• 2 CPE Credit for Certified Government Financial Manager (CGFM)
• 2 CPE Credit for Certification in Risk Management Assurance (CRMA)
• 2 CPE Credit for Certified Government Auditing Professional (CGAP)
• 2 CPE Credit of Auditing for Certified Valuation Analyst (CVA)
• 2 CPE Credit for Internal Audit Practitioner (IAP)
• 2 CPE Credit for Qualification in Internal Audit Leadership (QIAL)
• 2 CPE Credit of Auditing for Certified Business Appraiser/Master Certified Business Appraiser (CBA/MCBA)
• 2 CPD Credit of Auditing for Certified Financial Forensics (CFF)
• 2 CPD Credit for Certified Information Technology Professionals (CITP)

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