This intermediate course is designed for financial analysts, business planners, and finance professionals who need to ensure the integrity and reliability of their spreadsheet models. In a world where a single formula error can lead to multimillion-dollar losses, mastering model auditing is no longer optional. This course equips you with a systematic, repeatable framework to audit complex Excel models, diagnose critical errors, and confidently evaluate the impact of any changes.

Audit & Evaluate Excel Models

Audit & Evaluate Excel Models
This course is part of Financial Data Analysis with Excel Specialization

Instructor: LearningMate
Access provided by ExxonMobil
Recommended experience
What you'll learn
Systematically audit Excel models, diagnose errors, and evaluate version changes to ensure financial accuracy and model reliability.
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February 2026
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There are 2 modules in this course
In this module, learners will develop an "auditor's mindset" by diving into the essential tools and techniques for diagnosing errors in complex financial models. Moving beyond simple error messages, they will learn to systematically trace data flows, identify broken links, and untangle convoluted formulas using Excel's built-in auditing features. Real-world case studies, such as the TransAlta incident, will reinforce the critical importance of a methodical review process in preventing costly mistakes.
What's included
2 videos1 reading2 assignments
Once a model is error-free, how do you keep it that way? This module transitions from reactive error-fixing to proactive model governance. Learners will discover how to implement a version control system using a simple revision log and evaluate the bottom-line impact of changes to model assumptions. By comparing different model versions, they will learn to quantify how modifications affect key outputs, ensuring transparency and building a defensible audit trail for all future updates.
What's included
2 videos1 reading2 assignments
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