Part 2
The course is presented in four parts.
First, a brief introduction to Power Query and discuss reasons it has become very popular in Finance and Accounting: o Consolidate various types of data source files; o Instant consolidation allows accountants to consolidate files in seconds; o Facilitate self-service reporting by using Macro and Timeline. o No more need to request for ad-hoc reports from report builders!
The Second part demonstrates 7 intermediate formulas in data transformation with Power Query: o 5 Text Formulas o Date Formula o Conditional formula
Third, we accelerate our learning with 6 advanced functions that dramatically increase our productivity. They relate to: o How to consolidate files from same sources / file types, o How to consolidate files from different sources / file types, o How to fill gaps in rows, o How to SUM without using Pivot Table, o How to filter rows using a changing value, and o How to quickly change folder
Last, the course culminates through introducing the concept of “Instant Consolidation” and “Self-service Reporting”, and teaches the expert level of automating the whole data refresh cycle through controlled period selection from a Timeline!
Prerequisites and Advanced Preparation ● Basic Excel and Power Query knowledge ● Example: be able to open one Excel file and connect to external data files, etc. ● Recommended prerequisite: Power Query (Part 1): Ultimate Data Transformation
Financial Reporting Expert
Lenny is Senior Financial Analyst at Ausenco. Lenny has over 15 years combined experience in financial planning and analysis (FP&A), financial reporting and modeling, and compliance auditing. Lenny supervises Adaptive Insights system budgeting, and is a CPA, CGA, and a Certified Adaptive Insights Professional and Certified Xero Partner. Lenny is a proponent for "One-click Reporting" for analysts and "Self-service Reporting" for executives. He has strong belief that reporting and closing should be hours rather than days or even weeks. Lenny also acted as local CPA chapter board officer and volunteered for Canada Revenue Agency as a Community Volunteer Income Tax Program consultant. Education MBA, Finance : George Washington University - SBPM (School of Business and Public Management) - [1998 to 2000]
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