Excel Skills You NEED For FP&A & Accounting

Do you want to master the Excel skills that are essential for success in FP&A (Financial Planning & Analysis) and accounting? In this crash course, I’ll guide you through the most impactful Excel formulas, functions, and shortcuts that every finance professional should know. 🚀

Download practice file:
https://learnaccountingfinance.com/2024/11/03/excel-for-fpa-and-accounting-essential-skills-every-finance-professional-needs/

Must watch Playlists:
How to analyze financials: https://www.youtube.com/playlist?list=PLcRqJFBzcNZUM4HeSXEF16RWNi_zFVfr5
Pivot Tables: https://www.youtube.com/playlist?list=PLcRqJFBzcNZVreBZkeDPVRFtuhu_GdWil
FP&A playlist: https://www.youtube.com/playlist?list=PLcRqJFBzcNZWuJmu96M_SFbUIHAJ2aLZu
Accounting crash course: https://www.youtube.com/playlist?list=PLcRqJFBzcNZWNLjpu_iXI7MnzdoAQQ1yL
MS Excel Tips & Hacks: https://www.youtube.com/playlist?list=PLcRqJFBzcNZX0AR0Mg5swrmyxGafrsBXe
Excel and Finance Shorts: https://www.youtube.com/playlist?list=PLcRqJFBzcNZWrOSUKcQlttAVWbaWVZwRQ
XLookup for FP&A: https://youtu.be/QtqRZ-CWa0g

Email questions to: [email protected]
Interested in 1 on 1 coaching/training: https://calendly.com/learnaf/discovery-session

Whether you’re a beginner or looking to sharpen your Excel skills, this video covers everything from foundational formulas to advanced analysis techniques. You’ll learn:

Data Manipulation and Cleaning: Use functions like FILTER, SORT, and IFERROR to organize and clean your data efficiently.
Core Formulas for Financial Calculations: Master SUM, AVERAGE, IF, COUNT, and more for quick and accurate calculations.
Lookup Functions: Use VLOOKUP and XLOOKUP to retrieve data across multiple tables with ease.
Pivot Tables and Data Visualization: Quickly summarize data and make your reports visually impactful with pivot tables and conditional formatting.
Forecasting and Scenario Analysis: Learn to forecast trends and analyze scenarios using Excel’s forecasting functions and tools.

00:00 Intro
01:08 Bonus Excel tip 1
02:01 Basic Math in Excel
09:46 Dealing with data
13:48 Text and Date functions in Excel
21:39 Bonus excel tip 2
23:45 Using Lookup in Excel
31:24 Bonus Excel Tip 3
34:06 Working with sums and sumifs in Excel
37:32 Conditional Formatting in Excel
40:12 Pivot Tables in Excel
48:13 Bonus Excel Tip 4
48:58 IF and Nested IF functions
52:38 Finance functions in Excel (NPV, IRR and Extended NPV IRR)
56:29 Forecasting in Excel
1:00:30 Bonus Excel Tip 5

📂 Download the Practice File and follow along as we work through real-life examples tailored for FP&A and accounting tasks. By the end of this video, you’ll feel more confident, efficient, and ready to tackle any Excel challenge that comes your way.

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Course Alert:
If you would like to learn in detail, how to calculate sales and profit variances and the impact they have on sales $, profit $ and profit margin %, and how to explain performance vs budget and prior periods, click on the link for a detailed video course (at a special price). You will also learn how to analyse and present the results of the variances to management and will be able to download solved variance calculation Excel templates. https://ebitda.thinkific.com/courses/learn

Videos you may like:
Learn sales and profitability analysis in detail here: https://youtu.be/CNx1Xu3DWVY
Gross profit and gross profit margin explained: https://youtu.be/Px4pEhiTRdI
How calculate selling price and profits on Etsy: https://youtu.be/WsrdSr_IIhM
Standard Margin and Actual Margin - the Difference: https://youtu.be/p-Vbqh_j-ZY
How calculate selling price and profits on Etsy: https://youtu.be/WsrdSr_IIhM

Some Recommendations:
Are you a First Time or New Manager? Check this out: https://amzn.to/35qWzLc
Learn pivot table data crunching business skills here: https://amzn.to/3lgYB5E
Learn all about Excel in one place: https://amzn.to/3laCXQx
Learn what financial numbers really mean here: https://amzn.to/2HPYDUI
Accounting explained in 100 pages or Less: https://amzn.to/3rCProc
Note: At no extra cost to you, I may receive some commission if you purchase using the links above.

Hope you find the information in the video helpful. If you like to watch more videos in accounting, financial analysis and controller ship, videos that help you directly in doing your job, subscribe to my channel. If you liked the video, I would love if you could LIKE it and leave a comment. If you have any questions or feedback, again leave a comment. Lets stay connected at #learnaccountingfinance.