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 accounting format in Microsoft Excel 2010 is very similar to the currency format---both display the currency symbol next to every number. But the accounting format has a few differences that make ...

For many businesses, tracking financial performance is essential, but not every company opts for expensive accounting software to do so. Instead, a significant number rely on Microsoft Excel to ...

When you’re running a business, you have to pay close attention to the numbers. Customer traffic, orders, profits and losses — all of these numbers are crucial to your business. That’s why it’s ...

Please note: This item is from our archives and was published in 2016. It is provided for historical reference. The content may be out of date and links may no longer function. Q. I can’t figure out ...

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 ...

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 ...