Course ID: EEIDA2

Excel Essentials & Intro to Data Analysis For Accounting and Finance: Part 2 – Formulas and Functions: Best Practices and Top Functions To Understand

In Part 2 of this 4 part series, you will learn the essential knowledge that every accounting and finance professional should understand to work effectively and productively in Excel.

Different excel formulas and functions (Lookup, Logical, Statistical, Text, Math, and Information) can be used together to solve challenging tasks that accounting and finance professionals perform frequently. Add Excel’s new Dynamic Arrays available in Microsoft 365 and new capabilities – that professionals have never had before – are now available.

Learning Objectives

After completing this course, you will be able to:

  1. Understand many Excel functions are used in data analysis specific to accounting and finance
  2. Explain what Dynamic Array functions are and how they are different from standard Excel functions
  3. Utilize different functions to more effectively complete your work, many of which you have not seen before
  4. Explain best practices for formula development, nesting functions and “error trapping”

Major Topics

Microsoft Excel is a ubiquitous tool in accounting and finance, and developing your Excel and data analysis skills is a simple way to keep your skills relevant in the data driven world we now live in. This course is Part 2 of the 4-part series of how accounting and finance professionals can accelerate their Excel skills and more effectively perform data analysis with Excel.

There are an overwhelming number of functions available in Excel, and being aware of the most frequently used functions for accounting and finance professionals and how to apply them will greatly enhance Excel effectiveness.

You will learn how to

  • develop complex functions with a simple “step” approach,
  • understand nesting of functions in formula writing, and
  • solve the inevitable “error” signals that will occur (“error trapping”).
  • The new Dynamic Array functions available in Microsoft 365 will also be covered.

Advanced Preparations


Who Should Attend

All accounting and finance professionals, whether a new professional getting started or a seasoned professional looking to stay current and build on existing Excel capabilities and use in the profession, will benefit from this course.

Fields of Study
Computer Software & Applications


Experience using functions and formulas in Excel is helpful.

Business Learning Institute

CPE Credits


This course is available for your group as:


Let's Roll!

To learn more or customize this course for your group, complete this form and a BLI team member will get back with you shortly.

Or, contact BLI: or
Your browser is out-of-date!

Update your browser to view this website correctly.

Update my browser now