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News
Using Excel’s REGEX functions to clean accounting data faster
3+ week, 2+ day ago (349+ words) Excel for Microsoft 365 includes REGEX functions that can dramatically simplify many common accounting data-cleaning tasks....
How to use the SCAN function to replace running totals in Excel
1+ mon, 3+ week ago (138+ words) Excel’s SCAN function provides a dynamic alternative that calculates running totals without copying formulas....
Excel’s Dark Mode: A subtle change that makes a big difference
5+ mon, 3+ week ago (373+ words) Q. Could you tell me about Microsoft Excel’s Dark Mode? A. Great question. I have spent many hours working with Excel, and that bright white screen can feel harsh on the eyes after a while. Microsoft addressed the issue by adding…...
AI tools for finance professionals to prepare and visualize data
5+ mon, 3+ week ago (1757+ words) AI tools are frequently used in data visualization — this article describes how they can make data preparation more efficient and automate visualizations. In this article, I am going to consider the artificial intelligence (AI) and machine-learning tools available to assist…...
Create interactive dashboards with Excel PivotCharts and slicers
6+ mon, 3+ week ago (551+ words) You can use Excel for creating interactive dashboards using PivotCharts combined with slicers to transform traditional, static reports into dynamic tools. Q. How can I use Excel to turn static financial reports into interactive dashboards that decision-makers can explore? The following…...
Detecting anomalies with Benford’s Law in Excel
8+ mon, 3+ week ago (451+ words) Q. How can I use Benford’s Law in Excel? This phenomenon has important implications for fraud detection and forensic accounting and can be used to reveal journal entry irregularities. Let’s apply Benford’s Law to a dataset in Excel to see how…...
AI-driven spreadsheet tools — what CPAs need to know
10+ mon, 3+ week ago (971+ words) Emerging AI-enabled, automated data management tools such as Paradigm have the potential to challenge Excel’s current market dominance. Excel’s accessibility, versatility, flexibility, simplicity, and sheer ubiquity (1.5 billion users can’t be wrong) has made it the dominant player in the number-crunching…...