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David Ringstrom, CPA, author, Microsoft Excel trainer and consultant
David H. Ringstrom is a CPA and owner of Accounting Advisors, Inc., an Atlanta-based spreadsheet and database consulting firm that he started in 1991. David teaches 180 live webinars annually on Microsoft Excel, along wit
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This informative on-demand course presented by Excel expert David Ringstrom, CPA, is designed to teach you how to implement Excel’s powerful What-If Analysis tools. David explains how and when to make use of Excel’s Scenario Manager, how to use the Data Table feature to compare calculation results based on two or three inputs, how to use Excel’s Goal Seek feature to perform basic what-if analyses, and more.
David demonstrates every technique at least twice: first, on a PowerPoint slide with numbered steps, and second, in Excel 2016. He draws your attention to any differences in Excel 2013, 2010, or 2007 during the presentation as well as in his detailed handouts. David also provides an Excel workbook that includes most of the examples he uses during the webcast.
Topics Covered:
- Enhancing the Summary Report generated by the Scenario Manager with range names.
- Using the Summary Report aspect of Scenario Manager to compare different scenarios side by side.
- Implementing a simple Excel macro that will empower you to apply multiple scenarios at once when you have more than 32 inputs.
- Exploring the Forecast Sheet feature in Excel 2016, which can extrapolate trends based on existing data in your spreadsheets.
- Enabling Excel’s Solver Add-in for more complex what-if analyses.
- Pausing Goal Seek when necessary to check the status of calculations that involve large numbers.
- Contrasting Excel’s Data Table feature with traditional approaches used in spreadsheets.
- Avoiding the need to write repetitive formulas with Excel’s Data Table feature.
- Utilizing the PMT worksheet function to calculate loan payment amounts.
Learning Objectives
- Identify when to use Excel’s Goal Seek feature versus Solver.
- Discover how to apply Excel’s Solver Add-in for more complex what-if analyses.
- Recognize how to use the Data Table feature in Excel to compare calculation results based on varying inputs.
Last updated/reviewed: November 18, 2020
Included In Certifications
This course is included in the following Certification Programs:
17 CoursesCertified Excel Modeler
- Excel Efficiency: VLOOKUP
- Excel Efficiency: Logic Functions
- Excel Efficiency: Filtering and Formatting Data
- Excel Efficiency: Intermediate Pivot Tables
- Excel Efficiency: Auditing Spreadsheets
- Excel Efficiency: Minimizing Worksheet Errors
- Excel Efficiency: Workbook Links
- Excel Efficiency: What-If Analysis
- Excel Efficiency: Quick and Easy Financial Statements in Excel
- Excel Efficiency: Budget Spreadsheets
- Hands-On Excel: Waterfall Calculations
- Excel Efficiency: Table Feature
- Excel Efficiency: Intro to Macros Part 1
- Excel Efficiency: Intro to Macros Part 2
- Excel Efficiency: Excel Chart Speed Tips
- Excel Efficiency: Taming Large Spreadsheets
- Excel Efficiency: Internal Controls
9 Reviews (34 ratings)Reviews
Anonymous
(State Report)
Another great course form Instructor David Ringstrom,
It was kind of hard but finally I got. I don not work with financial data,
I work with State report for students. so was a bit challenge for me.
I learn something new .
Sheilah Brown
(Controller at SMB LTC)
Good examples and instructions as always. Some of the tools are a little hard to understand and I'm not sure that they are as useful for every day Excel users.
Anonymous
()
Informative course that can be used and referenced in the future. As a user of excel who does not use the what if analysis often this is a good reference tool
Darrell Littleberry
View Instructor Profile
David does a great job of explaining the class objective then actually demonstrating the concept to really make sure you understand the lesson.
John Russell
( at The Master's University and Seminar..)
Clear, focused presentation. I would like more keyboard shortcuts, but appreciate the step by step instructions.
Anonymous
(Director of Finace)
Great content! I really learned a lot about how to apply Excel functions to financial planning & analysis.
Keith Baker
(Data Analyst at Charter Communications)
I like the scenario manager feature. I had not been exposed to that prior to this course.
Maddison Lopez
(Finance Manager at KB Home)
I really enjoy this presenter. Excellent and thorough with his excel teaching and examples.
Jeff Klein
(Director of budgeting and financial plan.. at Vss-southern theatres)
Excellent course that cover some lesser known excel tools
Prerequisites
Course Complexity: Intermediate
Program Prerequisites: Experience Using Excel to Store Lists of Data Is Recommended
Advance Preparation: None
Education Provider Information
Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .