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Courses/Accounting & Tax/Technology for Accountants

Breaking Down Excel Formulas

Excel expert David Ringstrom, CPA, shares tips to verify workbook integrity using Show Formulas, Evaluate Formula, Trace Precedents, FORMULATEXT, dynamic arrays, and structured references.

Created byDavid Ringstrom
5.0
(78 reviews)
BeginnerUpdated Sep 19, 2025
Breaking Down Excel Formulas

What You'll Learn

check_circleIdentify which menu in Excel contains the command that launches the Insert Function dialog box.
check_circleRecall the keyboard shortcuts used to trace formula precedents and dependents in Microsoft Excel.
check_circleState what the FORMULATEXT displays when you reference a cell that does not contain a formula.
check_circleRecall the mouse action that enables you to move from one end of a blue tracer arrow to the other.

About This Course

In this session, author and Excel expert David Ringstrom, CPA, shares techniques you can use to verify the integrity of even the most complicated Excel workbooks. Features covered include Show Formulas, Evaluate Formulas, Trace Precedents, and the FORMULATEXT function. David will contrast editing traditional formulas with dynamic array formulas in Excel 2021 and Excel for Microsoft 365 and writing formulas by using structured references.

Topics covered:

• Utilizing the Error Checking command to locate cells that contain errors within a worksheet.
• Identifying other cells a formula relies on by way of the Trace Precedents feature.
• Transforming cell references into range names by way of the Apply Range Names to Formulas command.
• Utilizing keyboard shortcuts to identify precedent and dependent worksheet cells.
• Displaying all formulas in a worksheet at once with the Show Formulas feature.
• Mastering the IFERROR function to display alternate values in lieu of an error message.
• Saving time writing formulas by choosing named ranges with the Use In Formula command.
• Using the Table feature to improve spreadsheet integrity.
• Understanding the nuance of editing dynamic array-based formulas in Excel 2021 and Microsoft 365.
• Streamline formula writing by creating nicknames for repetitive values with the LET function in Microsoft 365.
• Creating bookmarks and nicknames for key inputs by way of the Create Names from Selection feature.
• Using the function arguments dialog box to deconstruct worksheet formulas.

Your Instructor

David Ringstrom
David Ringstrom

CPA, Author, Professional Excel Spreadsheet Trainer and Consultant

menu_book44 courses
star1,130 reviews

David H. Ringstrom, CPA, is the author of Microsoft 365 Excel for Dummies, and a nationally recognized instructor who has taught over 2,500 live webinars. His Excel courses are based on over 30 years of consulting and teaching experience. David’s catchphrase 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. David has authored or co-authored 10 books, including Exploring Microsoft Excel's Hidden Treasures, QuickBooks Online for Dummies, and Idiot's Guide to Introductory Accounting.

Credit Information

Is this course eligible for my CPD requirements as a Canadian CPA?

Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.

Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.

What Students Are Saying

5.0
Student's Choice
78 reviews

Frequently Asked Questions

We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.