SUMIF, SUMIFS, AVERAGEIFS, and COUNTIFS are commonly used accounting functions in Microsoft Excel. These formulas are used to calculate cell values based on the criteria you have described or ...

The generally accepted accounting principles give an accounting guideline that allows third parties to fairly evaluate account records. The Federal Accounting Standards Advisory Board keeps a handbook ...

The SUMIFS function works in a similar way with text as with numbers, but there are two key differences. First, text in Excel ...

Excel, one of the key tools in the Microsoft Office suite is a great small business software tool for analyzing business data. With it, you can take an in-depth look at your data and answer questions ...

Almost every article or report you read today talks about the advantages and sometimes the necessity of business owners to incorporate technology into every aspect of their business. But an accounting ...

Please note: This item is from our archives and was published in 2016. It is provided for historical reference. The content may be out of date and links may no longer function. Q. I can’t figure out ...

Microsoft Excel was first released in 1987 and — despite popular competitors such as Google Sheets — is still used by millions of businesses throughout the world. Described as the “world’s most ...

Auditors know that journal-entry testing is one of many procedures they can use in addressing client data completeness and, hence, audit risk (see AU-C Section 240, Consideration of Fraud in a ...

IMGCAP(1)][IMGCAP(2)]Microsoft Excel is, without a doubt, the most commonly used software program in today’s finance department, from the CFO down to the staff accountant. The advantages of Excel are ...

Believe it or not, Microsoft Excel—best known for its number crunching and data organization capabilities—can also be used to ...