Question 1

Who is this course for?

Accepted Answer

This course is ideal for accountants, small business owners, freelancers, and finance professionals who want to improve their Excel for accounting skills

Some knowledge of accounting is recommended No previous experience using Excel for accounting is required

Question 2

Is Excel important for accountants?

Accepted Answer

While the number of tools and resources that are available for accountants continue to expand, Excel remains one of the profession’s most widely used tools. 63% of American companies consider Excel a vital accounting tool, according to a study by Robert Half, the world’s largest accounting and finance staffing firm. When looking at smaller accounting companies, this percentage goes even higher.

Question 3

What Excel skills do accountants need?

Accepted Answer

Accountants need to be able to use Excel efficiently to analyze data for budgets, prepare financial statements, forecast financial performance, and perform complex calculations. Here are some key Excel skills for accountants that you will learn in this course:
Turn data into tables
Format and group data correctly
Import, clean, and validate data
Master key formulas including text, data, time, logic, and IF functions
Use Pivot Tables to analyze data
Create visually appealing charts
Use PowerQuery to import and clean data

Question 4

What are the most commonly used formulas in Excel for accounting

Accepted Answer

VLOOKUP, HLOOKUP, IF (and its variants), and INDEX MATCH are some of the most commonly used formulas in Excel for accounting. In this course, you will learn how to use these key formulas as well as additional text, data, time, and logic functions like FIND, SEARCH, MID, LEN, CONCATENATE, EOMONTH and more.

Question 5

Do you have any Excel accounting templates?

Accepted Answer

Do you have any Excel accounting templates?
The GoSkills Excel for Accounting course includes several free templates that you can download and use immediately to quickly get up and running. By the end of this course, you will also be able to create your own functional tax and debt repayment calculators.

Question 6

Do you have other Excel and finance courses?

Accepted Answer

We have a range of Excel courses and Finance courses for all skill levels.
Excel courses:
Basic Excel
Advanced Excel
Basic & Advanced Excel
Pivot Tables
Macros and VBA
Dashboards
Power Query
Power Pivot
Power BI
Finance courses:
QuickBooks Online
Financial Modeling Basics
Financial Modeling Techniques
Finance for Operations Directors
Finance for Operations Managers
Finance for Project Managers
Finance for Non-Financial Professionals

Question 7

Can I train my team with GoSkills?

Accepted Answer

Absolutely. We work with many businesses, big and small, to train and upskill their staff. Get started here or contact us with your requirements.

Excel for Accounting

Course Features

Course Description

Module 1: Introduction

Module 2: Getting Data in Workable Format in Excel

Module 3: Working with a Range of Data

Module 4: Functions in Excel

Course FAQs