Power Formula Auditing: The Power Tool for every Excel User



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Power Formula Auditing The Power Tool for every Excel User by Power Formula Auditing The Power Tool for every Excel User (z-lib.org)




Power Formula Auditing: The Power
Tool for 
every
Excel User
HC Chan


Copyright © 2017 HC Chan
All rights reserved.
ISBN:


Preface
A journey of a thousand miles begins with a single step.
If you have to step your way through a thousand miles, will you do it? What if
you have a car or a plane for your journey of a thousand miles?
Excel has this very useful ability (called formula auditing) to trace precedents
and dependents, which draws arrows to connect cells. These arrows are very
useful for understanding how cells use values from other cells. Cell
connections have other powerful uses. For example, cell connections for an
entire spreadsheet can show us how the spreadsheet is structured. Often, cell
connection arrows can reveal potential errors.
Excel’s formula auditing is, however, very tedious to use as it is limited to
tracing one cell at a time, and one level at a time.
You have to go step by step.
This unique spreadsheet book shows how you can easily enhanced the tracing
ability of Excel, by downloading Power Formula Auditing (Excel 2013). It is
as if you can now zoom over a thousand miles, with a few clicks on the
spreadsheet.
This book goes beyond simple tracing of precedents and dependents. It shows
you how you can quickly and easily gain an overview of your spreadsheet
model, with just a few clicks of Power Formula Audit. The automatically
generated cell connections allows easy understanding and error detection, as
illustrated in the book.
The overview for a spreadsheet is like a map of the mountains and rivers and
with all the hiking trails. A normal spreadsheet is like a map without showing
any hiking trails. Which map do you want to use for hiking?
This book is meant for all types of Excel users. It is meant for both novice and
expert users. Whether you create spreadsheets or you work with other people’s


spreadsheets, this book will be very useful for you.
This book is especially useful for people who check other people’s
spreadsheets. If you are a spreadsheet teacher, a spreadsheet auditor or a
manager who gets spreadsheet reports, this book is a must read.
Even if you read only your own spreadsheets, this book gives you better and
more efficient methods to look through your own spreadsheets.
With Power Formula Auditing, you gain a new powerful perspective about
spreadsheet models.


Contents
1. Introduction to Influence Charts
Example 1: Interest Calculation
Example 2: A summation of expenses.
2. Uses of Influence Charts
3. An Under-utilized but Powerful Tool
4. Precedents and Dependents
Trace precedents
Trace dependents
A quick display of immediate precedents
Box arrow for a range of precedent cells
5. Wrong or Missing Connections: A Common Error
Example 1: A payroll model
Example 2: An economics model
6. An Enhanced Influence Chart: Power Formula Auditing
7. Tracing Precedents / Dependents for Multiple Cells
8. Examples of Overviews
Example 1: A simplified balance sheet
Example 2: A company’s consolidated balance sheet
Example 3: A company’s statement of income


Example 4: A Personal Budget Model
9. Special Cases for Trace Precedents and Trace Dependents
Offset formula in Excel
Vlookup & Hlookup formulas
Formulas that cross worksheets
10. A Special Chapter for Spreadsheet Teachers
11. Influence Charts help What-If Analysis
12. Conclusion
References
Appendix A. How to add Power Formula Auditing to Excel?
Appendix B. How to uninstall PowerFormulaAudit from Excel?
Appendix C. PowerFormulaAudit Menu


1. Introduction to Influence Charts

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