Correction


CORRECTION
The July article titled “A Risk-Based Approach to Journal Entry Testing” misstated the proper use of Excel’s WEEKDAY function. By default, the function assigns the number 1 to Sunday, 2 to Monday, and so on, with Saturday being 7. Therefore the article should have said that identifying journal entries made on a weekend would entail filtering all WEEKDAY(Date_Field) values that are equal to 1 or 7. The JofA regrets the error.

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VIDEO

Excel walk-through: Sparklines

Want to liven up your spreadsheets with some color and graphical elements? Kelly L. Williams, CPA, Ph.D., shows how to use Excel sparklines, which illustrate data trends and patterns via small charts that fit in a single Excel cell.