Objective
- Understand the applicable Excel skills that will be required in making the transition to data analyst
- Understand what data visualization tools are available in Excel and Power BI and how they are superior to previous Excel tools
- Apply skills learned to create a dashboard for journal entry testing data
- Apply skills to present the output of analytical modeling in an easy to interpret form and evaluate the output of the analytics
- Be able to use the camera tool in Power BI to create dashboards
Highlights
- Visualization tools in Excel (camera, slicers, and timelines)
- Data view- why it went away. Power BI is the visualization tool to use
- All concepts learned in course are brought together in this last class to create a dashboard:
- Power Query- to extract transform and load data for the dashboard
- Power Pivot -to create the data model for the dashboard
- DAX formulas- for pivot tables to calculate values needed for model
- Pivot tables and charts- to create visualizations
- Camera tool to create dashboard
- Exercise- Using the data analytics workflow introduced in first class of series- to create dashboard for JE testing
- Journal entry by month and income statement accounts
- Descriptive statistics of journal entries
- Number of journal entry by month
- Journal entries by day of week
- Round journal entries
- Evaluate output of journal entry analytic
- Other approaches
- What are the false positives (noise)?
- Next steps in data analytics journey
Designed For
Accountants who want to transition to data analysis and have a basic knowledge of Excel and Excel formulasPrerequisite
2+ years of experience working with ExcelAdvanced Preparation
Install Power Pivot and Data Analysis ToolPak