Microsoft Excel is a vital tool for financial services and accounting

Excel is one of the central tools used by the financial services and accounting industries, as it provides many of the functions and shortcuts essential to those roles

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The financial services and accounting industries rely on Microsoft Excel as one of their core tools, allowing those who work within them to more quickly, functionally and accurately perform analysis and make predictions and calculations. In short, it’s vital software that not only makes the jobs in these realms easier but it’s also considered prior knowledge for many positions in companies that work with numbers.

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As per Investopedia, many Excel users know the simple functions it can complete, such as addition, multiplication, subtraction and division, but “it can do much more with advanced IF functions when coupled with VLOOKUP, INDEX-MATCH-MATCH, and pivot tables.” With the more complex tools included in Excel, the software becomes ever more effective, a true powerhouse for those who spend the time learning to use it properly.

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With a refined understanding of the functions contained within Excel, you’ll be able to use higher formulae and functions to more quickly and accurately complete calculations. Analysis of data also becomes simpler, and reporting and exporting of data becomes a matter of course, much easier to understand, absorb, and present than when using just the basic function, and certainly more than manual calculations.

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