AEC 07 |
ACCOUNTING
INFORMATION
SYSTEM
2nd Year BS Accountancy & BS Management Accounting
University of Southern Mindanao- Kabacan
Instructor: Lady Enginee Alocelja, CPA
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MS EXCEL for Accountants
Microsoft Excel is a vital tool for accountants because it helps
manage financial data, create reports, and make predictions. It's
a spreadsheet application that allows accountants to perform
calculations, sort data, and visualize trends.
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MS EXCEL - Accountant
Why is Excel important for accountants?
1. Efficiency: Excel helps accountants streamline their workflows and save time.
2. Accuracy: Excel helps accountants ensure the accuracy of their financial data.
3. Analysis: Excel helps accountants analyze complex data and gain insights into an organization's financial health.
4. Decision-making: Excel helps accountants make effective financial decisions.
5. Reporting: Excel helps accountants create reports that are visually appealing to readers.
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MS EXCEL - Accountant
What can accountants do with Excel?
1. Track financial data: Accountants can use Excel to track financial data, such as banking
information and financial data.
2. Create reports: Accountants can use Excel to create reports, such as balance sheets and
financial statements.
3. Make predictions: Accountants can use Excel to make predictions, such as modeling and
financial forecasting.
4. Perform calculations: Accountants can use Excel to perform basic and complex calculations.
5. Sort data: Accountants can use Excel to sort data.
6. Visualize trends: Accountants can use Excel to visualize trends in data points.
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ANATOMY OF EXCEL
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DEFINITION OF TERMS
1. ROWS are a series of cells that are horizontally arranged to set information in order.
2. COLUMNS are vertically arranged groups of cells that run from top to bottom
3. CELL is a rectangular area formed by the intersection of a column and a row
4. ACTIVE CELL the selected cell in which data is entered when you begin typing. Only one cell is active at a time.
5. CELL REFERENCE is the set of coordinates that a cell occupies on a worksheet. It identifies the location of a cell in
the spreadsheet. A cell reference is always the column letter followed by the row number.
6. RANGE A range is a group of cells in a spreadsheet that have been selected. If the cells are all together in a
rectangular or square shape, can be range of adjacent or range of nonadjacent. references are separated by a
colon ( : ) which tells Excel to include all the cells between these start and end points.
7. NAME BOX is the box at left end of the formula bar that identifies the selected cell, chart item, or drawing object.
The Name Box displays the cell reference of the active cell.
8. WORKSHEET is a collection of cells organized in rows and columns. It is the working surface you interact with to
enter data. A worksheet is always stored in a workbook.
9. WORKBOOK is a spreadsheet program file that you create in Excel. A workbook contains one or more worksheets.
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Cell Reference Range
Workbook and Worksheets
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DEFINITION OF TERMS (EXCEL LAY OUT)
10. EXCEL RIBBON is a set of toolbars at the top of the window in Office programs designed to help you quickly find
the commands that you need to complete a task.
11. There are nine tabs on the Excel Ribbon: File, Home, Insert, Page Layout, Formulas, Data, Review, View, and Help.
12. Each ribbon is divided into Groups. Depending on what tab is active
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DEFINITION OF TERMS (EXCEL LAY OUT)
13. A dialog box launcher is a small icon that appears in a group. Users click this icon to open related dialog boxes
or task panes that provide more options that relate to the group.
14. The scroll bars in Excel allow users to move through a worksheet by scrolling up, down, left, or right.
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DEFINITION OF TERMS (EXCEL LAY OUT)
15. A Name Box an input box that displays the name of the active cell or the cell reference. It's located to the left of
the formula bar.
16. The formula bar is a rectangular tool that displays and edits the contents of cells in a spreadsheet. It's located
at the top of the Excel window, above the column letters.
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