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Audit in Excel? Here are 10 Must Know Tricks for every Auditor to use
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#Excel#audit#Accounting#spreadsheets
These small incremental improvements combine to streamline your Audit process and general Excel productiveness.
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10/ Automate repetitive tasks with Macros
Open that VBA editor and get playing.
Developer > Record Macro
Then open the vba editor and look at the code you generated. This is the best way to learn on the fly. You will thank us later 👋
9/ Protect your work
Someone will always mess with your sheet. Be it a week from now or a year from now. Protect the parts that need to be kept safe.
Review > Protect Sheet
8/ IFERROR
No one likes to see errors. Even if valid, Errors can make your work look messy and reduce confidence in spreadsheet.
=IFERROR(VLOOKUP(A2, B2:D10, 2, FALSE), “Not Found”)
Keep your work clean!
https://t.co/99EwjRQJmA
Audit in Excel? Here are 10 Must Know Tricks for every Auditor to use
See thread for more..
#Excel#audit#Accounting#spreadsheets
6/ Audit Tickmarks
Nothing beats a visual aid so use Tickmarks to help users quickly identify a clean and correct audit ✅
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5/ Data Validation
Everyone has had a magnificent spreadsheet ruined by a user who enters something completely inappropriate into a cell.
Make use of data validation and make it best practice within all your spreadsheets.
Data > Data Validation
4/ Pivot Tables
Another powerful feature which is under utilised!
Summarise large data sets and use refresh to keep them updated when raw data changes.
Learn how to use them!
Insert > Pivot Table
3/ Conditional Formatting for Quick Insights
It’s a powerful feature of Excel so use it. Flag trends, note duplicates or highlight outliers.
Home > Conditional Formatting > Highlight Cell Range > Duplicate Values
1 /Custom Formatting for Clarity!
Make it easy for the reader. Simple things like negative numbers in red and correctly formatted dates
Home > Format Cells