Excel Update on Logic Functions – IF, AND, OR, and More

In this comprehensive presentation, Excel expert David Ringstrom, CPA, briefly discusses the IF function and then, in detail, takes you beyond the basics. He explains what can go awry with the IF function and ways to improve the integrity of decision-making formulas. David shares alternatives to the IF function, including IFS, CHOOSE, VLOOKUP, SUMIF, and others. David’s assertion is that if you’re nesting more than a couple of IF functions, there’s probably a more refined and resilient approach you can take.

David demonstrates every technique at least twice: first, on a PowerPoint slide with numbered steps, and second, in the subscription-based Office 365 version of Excel. David draws your attention to any differences in the older versions of Excel (2019, 2016, 2013, and earlier) 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.

Office 365 is a subscription-based product that provides new-feature updates as often as monthly. Conversely, the perpetual licensed versions of Excel have feature sets that don’t change. Perpetual licensed versions have year numbers, such as Excel 2019, Excel 2016, and so on.

Learning Objectives:

  • Recall how to avoid complex IF statements.
  • Apply the COUNTIF function to determine the number of times an item appears on a list.
  • Define when to use the ISERROR function or the ISNA function vs. the IFERROR function

Areas Covered in the Session :

  • Comparing and contrasting IFNA, IFERROR, and ISERROR functions and learning which versions of Excel support these worksheet functions.
  • Learning about the MINIFS function available in certain versions of Excel 2016.
  • Seeing the pros and cons of using the F9 key within Excel’s formula bar to evaluate a portion of a formula.
  • Discovering the capabilities of the SUMPRODUCT function.
  • Learning about the MAXIFS function available in certain versions of Excel 2016.
  • Learning about the IFNA function available in Excel 2013 and later.
  • Comparing the MIN, SMALL, MAX, and LARGE functions.
  • Moving through formulas in slow motion with the Evaluate Formula feature.
  • Testing for a single condition among two or more that returns TRUE by way of Excel’s XOR function.
  • Testing for two or more conditions at once with Excel’s AND function.
  • Discovering the range of IS functions that can be used within IF statements to test for various conditions within a worksheet.
  • Avoiding the complexity of nested IF statements with Excel’s CHOOSE function

Who Should Attend:

  • CFOs
  • CPAs
  • Controllers
  • Investment Analysts
  • Financial Analysts
  • Business Analysts
  • Forecasting & Planning Teams
  • M&A Specialists (Mergers & Acquisitions)
  • Risk Managers
  • Strategic Planners
  • Capital Expenditure Planners
  • Cost Accountants
  • Managerial Accountants
  • Other Accounting and Finance Professionals
  • Human Resources Departments
  • IT Departments
  • Auditors
  • Banking Professionals
  • Insurance Professionals
  • Excel Users in Regulated Lifesciences Industry
  • Logistics and Supply Chain Professionals
  • Sales and Marketing Professionals

IT2794

David H Ringstrom

David H. Ringstrom, CPA, is a nationally recognized Microsoft Excel expert. He is the president and owner of Accounting Advisors, Inc. based in Atlanta, Georgia. David founded Accounting Advisors in 1991 as a consulting-services business, later he began teaching continuing education classes as well. His mission since is to offer quality training and consulting services on Microsoft Excel via live webcasts, on-demand self-study webcasts, and in-house engagements. David has taught hundreds of webinars on Excel and other topics, in addition to speaking at conferences and in-house engagements.

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  • Presentation from the Speaker
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  • Recording access Information with Password to view the webinar, will be sent 24 hours after the completion of the Live webinar.
  • Presentation Handout in .pdf format
  • Certificate of Attendance
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