What-If Analysis

Level: Intermediate

Available Durations:

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


Excel expert David H. Ringstrom, CPA, focuses on the What-If Analysis tools available within Excel’s Data menu in this invaluable presentation. He shows you how and when to make use of Excel’s Scenario Manager, how to use the Data Table feature to compare calculation results based on two or three inputs, how Excel’s Goal Seek feature empowers you to perform basic what-if analyses, and much more.

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.

Topics/Areas Typically Covered:

  • Exploring Excel’s Scenario Manager feature that enables you to store various sets of inputs, such as best case, worst case, and most likely, but without having to replicate worksheets or workbooks.
  • Using the FORECAST function in Excel 2016 to extrapolate trends based on existing data in your spreadsheets.
  • Considering one approach for working around the 32-input limit built into Scenario Manager.
  • Merging scenarios from other workbooks into your present workbook.
  • Avoiding writing repetitive formulas with Excel’s Data Table feature.
  • Seeing how to save Solver results to Excel’s Scenario Manager for reuse.
  • Gaining an understanding of Excel’s Goal Seek feature, which is useful in simplifying what-if analyses.
  • Seeing how to enable Excel’s Solver Add-in for more complex what-if analyses.
  • Getting a basic introduction to Excel’s Solver feature.
  • Using the Summary Report aspect of Scenario Manager to compare different scenarios side by side.

Learning Objectives/Why You Should Attend:

  • Identify when to use Excel’s Goal Seek feature versus Solver.
  • Recall how to use the Data Table feature in Excel to compare calculation results based on varying inputs.
  • Define how to make one workbook serve multiple purposes by way of Excel’s Scenario Manager.

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).

Pricing and Format Options:

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