Tami's Reviews > Business Analysis: Microsoft Excel 2010

Business Analysis by Conrad Carlberg
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's review
Aug 21, 10

it was amazing

Business Analysis: Microsoft Excel 2010 covers two broad accounting topics: management accounting and financial accounting. The first part of the book looks primarily at day to day accounting procedures. This includes a well thought out discussion on whether to use Quick Books or other readymade accounting programs or to use Excel to create your own templates. There are pros and cons on both sides of the issue. It is also possible, if done carefully, to use the best of both.

Following this discussion, the book moves into how to create various schedules, ledgers, and summaries. For those new to the inner workings of accounting, the book explains some key concepts as well as the purposes behind the various forms and calculations. Various examples are used with instructions on the formulas and layouts. There are also lots of illustrations so that you know you are on the right track.

The book transitions to budgeting and planning. This is the part of the process where Excel really shines. It’s so very easy to analyze, manipulate, and reorganize the data in a variety of different ways to not only see where your business is right now but also project how it could grow. Really, it’s about making good business decisions based on fact and knowledge about the inner workings of your company rather than just tossing a coin in the air and hoping you made the right choices.

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