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Most books on Microsoft Excel for accounting and finance serve
primarily academic research purposes: they are relatively
unstructured and dominated by discussions of rather esoteric and
infrequently used applications. None addresses the growing need for
an introduction to crucial data analytic skills (i.e., analysis of
'big data') and to the recent innovations by Microsoft Excel in
this regard, including Power Query (data cleaning and management),
Power Pivot (advanced pivot tables using databases) and Power BI
(creating executive KPI dashboards). In Financial Modeling for
Decision Making: Using MS-Excel in Accounting and Finance, Ron
Messer provides just such a practical, advanced-level guide to this
essential program. Crucially, he focuses on using Excel in
situations encountered by accounting and finance students and
professionals, and he structures these in terms of the past,
present and future in order to reflect a typical operating cycle,
which includes initial planning, exercising control, and receiving
feedback. Throughout this book, Messer discusses real-life
applications of this important analytical tool, which has become
the industry standard for spreadsheet software. For its clear
structure and emphasis on practical usage, Financial Modeling for
Decision Making is essential reading for accounting and finance
professionals, as well as accounting and finance students in
post-secondary institutions.
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