Logic Functions: IF, AND, OR, and More

Level: Intermediate

Available Durations:

  • 50 minutes
  • 60 minutes
  • 75 minutes
  • 90 minutes
  • 100 minutes
  • 120 minutes

Description:

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 IFNA, MINIFS, SUMPRODUCT, and others. His 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 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.

Topics/Areas Typically Covered:

  • Stepping through formulas in slow motion with the Evaluate Formulas feature.
  • Streamlining the decision-making process with the IFS function in Office 365.
  • Mastering the IFERROR function to display alternate values in lieu of a # sign error.
  • Reconstructing spreadsheet data to use VLOOKUP as a better alternative to nesting IF functions.
  • Employing the IFERROR function for situations where VLOOKUP returns #N/A.
  • Learning about the IFNA function available in Excel 2013 and later.
  • Discovering the range of IS functions that can be used within IF statements to test for various conditions within a worksheet.
  • Understanding when you might wish to use ISERROR or ISNA instead of IFERROR.
  • Testing for two or more conditions at once with Excel’s AND function.
  • Testing for two or more alternate conditions by way of the OR function.
  • Returning the inverse of a TRUE/FALSE test by way of Excel’s NOT function.
  • Employing the SUBSTITUTE function as an alternative to complex formulas based on the IF function.
  • Incorporating comparison operators within SUMIF to sum numbers based on range criteria, such as greater than, less than, and so on.
  • Using the COUNTIF function to determine the number of times an item appears in a list.
  • Comparing the MIN, SMALL, MAX, and LARGE functions.
  • Learning about the MINIFS function available in Excel 2019 and Office 365.

Learning Objectives/Why You Should Attend:

  • Identify the menu that contains the Evaluate Formula command.
  • Name what the SUMIFS function returns if a match cannot be found.
  • State what the IFS worksheet function will return in noncompatible versions of Excel.

Target Industries:

  • Accounting and Finance
  • Business
  • Excel Users
  • Consulting
  • IT
  • Auditing
  • Human Resources
  • Marketing
  • Sales
  • Government
  • Tax

Target Job Title:

  • Accountants
  • CPAs
  • CFOs
  • Controllers
  • Income Tax Preparers
  • Enrolled Agents
  • Financial Consultants
  • IT Professionals
  • Auditors
  • Human Resource Personnel
  • Bookkeepers
  • Excel Users
  • Marketers
  • Government Personnel

About the Instructor:

David H. Ringstrom, CPA, is an author and nationally recognized instructor who teaches scores of webinars each year. His Excel courses are based on over 25 years of consulting and teaching experience. David’s mantra is “Either you work Excel, or it works you,” so he focuses on what he sees users don’t, but should, know about Microsoft Excel. His goal is to empower you to use Excel more effectively. To learn more about David, you can view his LinkedIn profile and follow him on Facebook or Twitter (@excelwriter).

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