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 ...

Reviewed by Charlene Rhinehart Fact checked by Vikki Velasquez Businesses depreciate long-term assets for both tax and accounting purposes. For tax purposes, businesses can deduct the cost of the ...

Both the Currency and Accounting number formats in Excel are used to display monetary values, including the symbol for the chosen currency. However, in this article, I'll explain their subtle ...

In today’s fast-paced business environment, efficient and accurate financial reporting is crucial for making informed decisions. Manually consolidating and transforming financial data from multiple ...

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 ...

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 It is provided for historical reference. The content may be out of date and links may no longer function.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 ...

When you use Microsoft Excel to analyze your company's data, you want to spot trends, successes and problems at a glance. Before you dive into an in-depth examination of specific sales results, ...

Sometimes the dollar sign in Microsoft Excel is just a dollar sign, used to indicate that a number reported by a business or in someone's personal finances is in U.S. currency. But the dollar sign in ...