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 ...

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 ...

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

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 ...

In today’s fast-paced business environment, efficient and accurate financial reporting is crucial for making informed decisions. Manually consolidating and transforming financial data from multiple ...

Two common ways of calculating depreciation are the straight-line and double declining balance methods. Excel can accomplish both using the SLN function to calculate the straight line -- a standard ...

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 It is provided for historical reference. The content may be out of date and links may no longer function.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 ...

Millions of small business owners and entrepreneurs all over the world use Microsoft Excel to help with common accounting, forecasting and inventory tasks. With Excel's integrated tools, it is ...