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 ...

Q. I would like my employees to be more efficient with Excel. They are all at different Excel proficiency levels. Are there some quick tips I could share with them? A. There are so many tips that can ...

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 ...

Ever feel like you’re spending more time wrestling with Excel than actually analyzing your data? For accounting and finance professionals, the pressure to deliver accurate, insightful reports—often ...

Both the Currency and Accounting number formats in Excel are used to display monetary values, including the symbol for the chosen currency. However, in this article, I'll explain their subtle ...

Excel is well known for making personal and business accounting easier. Two tools that allow for this capability are the program's Currency and Accounting number formats, which—alongside many other ...

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 ...

Recently, the CEO of a prominent enterprise software company wrote that auditors should consider including spreadsheets in their disclosure of “critical audit matters” (CAMs) as they begin to comply ...