New Video! -

Turkmenistan

I have arrived in Ashkhabad,  Turkmenistan and first impressions are favourable.

A lot of white marble buildings: new and modern looking. Good roads with lots of nice looking cars.

My trip from the airport to the hotel showed that most cars are Toyota,  BMW, Lexus with a smattering of Lady and Niva.

It's already dark so I will see the lie of the land in more detail in the morning.

DW

New Video! -

three dice

My Queuing Experience

I need someone to study me and my queues. I really am the man in the post office whose queue grinds to a halt while all others move swiftly.

For example, I am at passport control now and just after I joined my queue the woman at the desk in my queue had a problem. The next person had a five minute problem. In the meantime the next queue along that I had intended to join has moved so quickly that the couple who started queuing there at the same time as me are long gone.

I could bore you with more but you really wouldn't believe me!

DW

When is it Time to Apologise to a Fish?

I am sorry my piscatorial friends because I have failed you! We have a 1,300 litre fish tank in the front garden and although it is the rainy season, the water was at about half the level it could be. Last night I decided to top up the tank a little to get some fresh, oxygenated water in there. I forgot I had done that and left the water running. At 2 am the mother in law, who lives next door, heard our water pump going on and on and got out of bed and stopped the water. In the meantime at least two fish died: probably because of the cold. One or two went over the overflow as is their wont when the tank is full. So it is time to apologise to those fish that didn't make it through my inadequacy. I don't know how we wandered around the garden last night, as we did, how we didn't hear the pump because it is just outside our bedroom ... So, really sorry for that! DW

Oil Tanker Problem

Introduction

Last night I was finishing off some work when I came across a problem on a help site: the problem had been posted in December 2014 and hadn't been answered. I realise that 9 months is a long time but I wanted to understand the problem and see if I could provide a solution: I did both!

One of the difficulties with the problem as stated was that the questioner asked for a nested IF solution, He insisted. Other people tried to help him and he duly provided a mock up of his worksheet for us all. Again he talked about a nested IF statement solution and even provided one ... that he freely admitted didn't work.

The problem is this:

• there are two oil storage tanks and oil is first measured by means of a dip stick which is then used to estimate the amount of oil in the tanks


• the oil is stored for days at a time and each day new oil is added


• every now and again, though, the tanks are drained

He said that by taking the differences between opening and closing stocks for each day he can estimate the amount of oil added; and by adding together the results for the two tanks he gets overall additions for a day.

Good!

Then he says the problem comes when the tanks are drained ... his calculation shows a negative result for dranage day!

I translated his graphic into a worksheet and here it is.

The question is: can you solve his problem?



This table starts in B7 and in L11 there is a formula: =E11-E10+H11-H10

That formula is then filled down to the end of the table, day 31 in cell L41

You can see the problem clearly in the second part of the table, day 27 , where they have drained the first tank overnight:



That's it: I solved this problem ... can you? Let me know and I will share my solution. If you ask, you must tell me what you did to try to solve it. No try, no get! ;)

Duncan Williamson

A Hawk for Breakfast in Muscat

I was sitting at my computer at 7:15 this morning when I heard a rap on the window. Since I am on the 7th floor I was intrigued so I got up to take a look and look at what was there. I have never seen a bird like this in the wild before and here it was sitting on my window sill. I was really keen not to worry it so I carefully moved around and made a short video and took some photos with my phone. Then I got my big camera on the job and took the photos you see here. The problem is that between me and the bird was a dirty window which has made the photos a bit grainy. Never mind, one of them looks pretty good in spite of that. The bird saw me, by the way, but it was confident enough to stay with me and it was still there after 20 - 25 minutes as I went for breakfast. By the time I got back to the room it was eating the bird it had caught and that was firmly held in its left claw. Notice the feathers sticking to its beak: from breakfast! DW

VW Beetles

Take a look at these photos: a very smart looking VW Beetle parked in the centre of Bangkok this afternoon. It looks as if the car has been fully restored to its original condition. Just look at the wheels, however. I'm not an expert so cannot comment on the rest. DW

Another Top Tip

It'a long time since I offered a top tip but you might need this one: Before you go try to through the glass French windows onto your patio or balcony make sure they are open first. DW

Free Pizza ... OK, free page that talks about a Pizza!

I have managed to create another page on my revamped web site. It's about the wonders that can unfurl any management accountant who ventures into a kitchen ... Take a look ... http://www.duncanwil.co.uk/manacc_kitch.html DW

Some as big as yer 'ead!

I am in Brunei again and this afternoon I went for a walk. I saw some interesting buildings but didn't take any photos.

I saw some interesting tree/vegetation combinations but didn't take any photos.

I saw the body of a young dead cat and didn't take any photos.

But I had to take photos of the biggest fungi I have ever seen. Take a look. See my size 47 foot to get some idea of how big these fungi are!

DW

It's Back ... www.duncanwil.co.uk

What do I mean it's back? It's been there since July 2001! That was true until about two weeks ago when I deleted the entire site. I decided that it was too hotch potch. I was locked out of it by my site host who couldn't or wouldn't give me the password to let me back in ... so I got rid of all of the old stuff and decided to start again. The home page is there and there is one technical page so far: a page in the Excel section on Sparklines: http://www.duncanwil.co.uk/sparklines.html At this stage I am not sure I've got a grand plan for the site but I am concentrating on getting it to look right first. I want to create a look that is timeless and that if I do change, it will be easy to change site wide. I am using Adobe Muse as my site developer and it's a cracking bit of software I have to say. There are just a couple of niggles with it but generally I like it. One of the key things for me and my site was the navigation panel. That sometimes took as long to update as updating the pages. In Muse that's done automatically. The sitemap is automatic. Organising files and photos is automatic. That's a real bonus for me. Well, there you are. Up to date again! DW

Goodness, it's August Already

Just came back from a trip and my sponsor paid my taxi fare from airport to hotel.

Well, I gave them the receipt for airport to hotel and they doubled it to cover that and the return journey.

Just my luck that this morning's return taxi was a metred car. So, budget was smashed and instead of breaking even, I ended up paying one third of the fares myself.

DW

New Video! -

Schedule for August - November 2015

If you are in the market to be trained in financial modelling and/or International Financial Reporting Standards, take a look at my schedule of public courses for the next few months. I might be coming to a town near you! Just write to me here, comment/respond; and I will refer you to the sponsoring company for details and to get you signed up. Looking forward to seeing you soon! DW

Fran gets Another Honour

Daughter Fran has just been awarded another honour from another UK University ...

Well done again!

DW

Excel Solutions ... book 3

It's here now ... http://bookboon.com/en/excel-solutions-for-accountants-book-3-ebook

DW

The Chaos by Gerard Nolst Trenité

I think this poem is the best poem I know: http://ncf.idallen.com/english.html If you think you know English or you are learning it, this is for you. Gerard Nolst Trenité - The Chaos (1922) Dearest creature in creation Studying English pronunciation, I will teach you in my verse Sounds like corpse, corps, horse and worse. I will keep you, Susy, busy, Make your head with heat grow dizzy; Tear in eye, your dress you'll tear; Queer, fair seer, hear my prayer. Pray, console your loving poet, Make my coat look new, dear, sew it! Just compare heart, hear and heard, Dies and diet, lord and word. Sword and sward, retain and Britain (Mind the latter how it's written). Made has not the sound of bade, Say-said, pay-paid, laid but plaid. Now I surely will not plague you With such words as vague and ague, But be careful how you speak, Say: gush, bush, steak, streak, break, bleak , Previous, precious, fuchsia, via Recipe, pipe, studding-sail, choir; Woven, oven, how and low, Script, receipt, shoe, poem, toe. Say, expecting fraud and trickery: Daughter, laughter and Terpsichore, Branch, ranch, measles, topsails, aisles, Missiles, similes, reviles. Wholly, holly, signal, signing, Same, examining, but mining, Scholar, vicar, and cigar, Solar, mica, war and far. From "desire": desirable-admirable from "admire", Lumber, plumber, bier, but brier, Topsham, brougham, renown, but known, Knowledge, done, lone, gone, none, tone, One, anemone, Balmoral, Kitchen, lichen, laundry, laurel. Gertrude, German, wind and wind, Beau, kind, kindred, queue, mankind, Tortoise, turquoise, chamois-leather, Reading, Reading, heathen, heather. This phonetic labyrinth Gives moss, gross, brook, brooch, ninth, plinth. Have you ever yet endeavoured To pronounce revered and severed, Demon, lemon, ghoul, foul, soul, Peter, petrol and patrol? Billet does not end like ballet; Bouquet, wallet, mallet, chalet. Blood and flood are not like food, Nor is mould like should and would. Banquet is not nearly parquet, Which exactly rhymes with khaki. Discount, viscount, load and broad, Toward, to forward, to reward, Ricocheted and crocheting, croquet? Right! Your pronunciation's OK. Rounded, wounded, grieve and sieve, Friend and fiend, alive and live. Is your r correct in higher? Keats asserts it rhymes Thalia. Hugh, but hug, and hood, but hoot, Buoyant, minute, but minute. Say abscission with precision, Now: position and transition; Would it tally with my rhyme If I mentioned paradigm? Twopence, threepence, tease are easy, But cease, crease, grease and greasy? Cornice, nice, valise, revise, Rabies, but lullabies. Of such puzzling words as nauseous, Rhyming well with cautious, tortious, You'll envelop lists, I hope, In a linen envelope. Would you like some more? You'll have it! Affidavit, David, davit. To abjure, to perjure. Sheik Does not sound like Czech but ache. Liberty, library, heave and heaven, Rachel, loch, moustache, eleven. We say hallowed, but allowed, People, leopard, towed but vowed. Mark the difference, moreover, Between mover, plover, Dover. Leeches, breeches, wise, precise, Chalice, but police and lice, Camel, constable, unstable, Principle, disciple, label. Petal, penal, and canal, Wait, surmise, plait, promise, pal, Suit, suite, ruin. Circuit, conduit Rhyme with "shirk it" and "beyond it", But it is not hard to tell Why it's pall, mall, but Pall Mall. Muscle, muscular, gaol, iron, Timber, climber, bullion, lion, Worm and storm, chaise, chaos, chair, Senator, spectator, mayor, Ivy, privy, famous; clamour Has the a of drachm and hammer. Pussy, hussy and possess, Desert, but desert, address. Golf, wolf, countenance, lieutenants Hoist in lieu of flags left pennants. Courier, courtier, tomb, bomb, comb, Cow, but Cowper, some and home. "Solder, soldier! Blood is thicker", Quoth he, "than liqueur or liquor", Making, it is sad but true, In bravado, much ado. Stranger does not rhyme with anger, Neither does devour with clangour. Pilot, pivot, gaunt, but aunt, Font, front, wont, want, grand and grant. Arsenic, specific, scenic, Relic, rhetoric, hygienic. Gooseberry, goose, and close, but close, Paradise, rise, rose, and dose. Say inveigh, neigh, but inveigle, Make the latter rhyme with eagle. Mind! Meandering but mean, Valentine and magazine. And I bet you, dear, a penny, You say mani-(fold) like many, Which is wrong. Say rapier, pier, Tier (one who ties), but tier. Arch, archangel; pray, does erring Rhyme with herring or with stirring? Prison, bison, treasure trove, Treason, hover, cover, cove, Perseverance, severance. Ribald Rhymes (but piebald doesn't) with nibbled. Phaeton, paean, gnat, ghat, gnaw, Lien, psychic, shone, bone, pshaw. Don't be down, my own, but rough it, And distinguish buffet, buffet; Brood, stood, roof, rook, school, wool, boon, Worcester, Boleyn, to impugn. Say in sounds correct and sterling Hearse, hear, hearken, year and yearling. Evil, devil, mezzotint, Mind the z! (A gentle hint.) Now you need not pay attention To such sounds as I don't mention, Sounds like pores, pause, pours and paws, Rhyming with the pronoun yours; Nor are proper names included, Though I often heard, as you did, Funny rhymes to unicorn, Yes, you know them, Vaughan and Strachan. No, my maiden, coy and comely, I don't want to speak of Cholmondeley. No. Yet Froude compared with proud Is no better than McLeod. But mind trivial and vial, Tripod, menial, denial, Troll and trolley, realm and ream, Schedule, mischief, schism, and scheme. Argil, gill, Argyll, gill. Surely May be made to rhyme with Raleigh, But you're not supposed to say Piquet rhymes with sobriquet. Had this invalid invalid Worthless documents? How pallid, How uncouth he, couchant, looked, When for Portsmouth I had booked! Zeus, Thebes, Thales, Aphrodite, Paramour, enamoured, flighty, Episodes, antipodes, Acquiesce, and obsequies. Please don't monkey with the geyser, Don't peel 'taters with my razor, Rather say in accents pure: Nature, stature and mature. Pious, impious, limb, climb, glumly, Worsted, worsted, crumbly, dumbly, Conquer, conquest, vase, phase, fan, Wan, sedan and artisan. The th will surely trouble you More than r, ch or w. Say then these phonetic gems: Thomas, thyme, Theresa, Thames. Thompson, Chatham, Waltham, Streatham, There are more but I forget 'em- Wait! I've got it: Anthony, Lighten your anxiety. The archaic word albeit Does not rhyme with eight-you see it; With and forthwith, one has voice, One has not, you make your choice. Shoes, goes, does *. Now first say: finger; Then say: singer, ginger, linger. Real, zeal, mauve, gauze and gauge, Marriage, foliage, mirage, age, Hero, heron, query, very, Parry, tarry fury, bury, Dost, lost, post, and doth, cloth, loth, Job, Job, blossom, bosom, oath. Faugh, oppugnant, keen oppugners, Bowing, bowing, banjo-tuners Holm you know, but noes, canoes, Puisne, truism, use, to use? Though the difference seems little, We say actual, but victual, Seat, sweat, chaste, caste, Leigh, eight, height, Put, nut, granite, and unite. Reefer does not rhyme with deafer, Feoffer does, and zephyr, heifer. Dull, bull, Geoffrey, George, ate, late, Hint, pint, senate, but sedate. Gaelic, Arabic, pacific, Science, conscience, scientific; Tour, but our, dour, succour, four, Gas, alas, and Arkansas. Say manoeuvre, yacht and vomit, Next omit, which differs from it Bona fide, alibi Gyrate, dowry and awry. Sea, idea, guinea, area, Psalm, Maria, but malaria. Youth, south, southern, cleanse and clean, Doctrine, turpentine, marine. Compare alien with Italian, Dandelion with battalion, Rally with ally; yea, ye, Eye, I, ay, aye, whey, key, quay! Say aver, but ever, fever, Neither, leisure, skein, receiver. Never guess-it is not safe, We say calves, valves, half, but Ralf. Starry, granary, canary, Crevice, but device, and eyrie, Face, but preface, then grimace, Phlegm, phlegmatic, ass, glass, bass. Bass, large, target, gin, give, verging, Ought, oust, joust, and scour, but scourging; Ear, but earn; and ere and tear Do not rhyme with here but heir. Mind the o of off and often Which may be pronounced as orphan, With the sound of saw and sauce; Also soft, lost, cloth and cross. Pudding, puddle, putting. Putting? Yes: at golf it rhymes with shutting. Respite, spite, consent, resent. Liable, but Parliament. Seven is right, but so is even, Hyphen, roughen, nephew, Stephen, Monkey, donkey, clerk and jerk, Asp, grasp, wasp, demesne, cork, work. A of valour, vapid vapour, S of news (compare newspaper), G of gibbet, gibbon, gist, I of antichrist and grist, Differ like diverse and divers, Rivers, strivers, shivers, fivers. Once, but nonce, toll, doll, but roll, Polish, Polish, poll and poll. Pronunciation-think of Psyche!- Is a paling, stout and spiky. Won't it make you lose your wits Writing groats and saying "grits"? It's a dark abyss or tunnel Strewn with stones like rowlock, gunwale, Islington, and Isle of Wight, Housewife, verdict and indict. Don't you think so, reader, rather, Saying lather, bather, father? Finally, which rhymes with enough, Though, through, bough, cough, hough, sough, tough?? Hiccough has the sound of sup... My advice is: GIVE IT UP! DW

Excel Solutions ... Volume 2

It's here now ... http://bookboon.com/en/excel-solutions-for-accountants-book-2-ebook

Excel Solutions for Accountants

Book One of a series of three books is now online ... http://bookboon.com/en/excel-solutions-for-accountants-book-1-ebook DW

Abi

Update on Abi ...

She is over two weeks old now and coming along nicely.

She feeds well on mother's milk. She sleeps, wakes and feeds according to norms.

She flails her arms and legs at times, especially when she is hungry. She wears gloves all of the time to prevent scratches and they look a bit funny!

Mrs W expresses some of her milk so that others can feed her from time to time and I fed her for the first time after two weeks. I have fed her a couple of times after that too.

Delightful and good natured girl.

DW

Does my Bum Look Big in This?

I know! Who would do such a thing? Not me but it's the family dog!

DW

Funny Food

I eat local food in all sorts of places but whilst this is not weird it's odd.

Buttered bread with curry sauce. It claimed to be naan bread bit it was far too light for that.

The curry sauce was nice I have to say.

Glutinous rice now!

DW

Jaundice

Like many babies, Abi's got a touch of jaundice so she's undergoing blue light treatment! Another day or so in hospital.

Otherwise she seems to be doing well. Almost back to her birth weight.

DO

Sirinada Abigail Williamson

My second daughter arrived yesterday at 11:40 am local time.

3.36 kg or 7 lbs 6 oz.

Fighting fit and she was born by caesarian section.

Wishing her a long, happy and peaceful life.

Parenthood

A poem what I wrote in anticipation ...

DW

Space Travel

I flew from Kuala Lumpur to Bangkok with EgyptAir last night. In the row behind me was a family that included three children who were all bilingual: English and Arabic. They switched from language to language frequently.

As we sped down the runway, the forward camera was being shown on the television screens and as we lifted off, the airport and city lights were replaced by starlight, almost in an instant.

In a beautiful deadpan voice, the girl behind me said, when she saw the stars, "We're into space?" I wish I'd recorded the moment!

DW

Are you Listening?

I was accused of not listening to someone the other day: someone who called me to deliver a monologue. As I naively believed it should be a dialogue I spoke. I tried it once. Then spoke only when I was asked something.

The other day a manager from the hotel came to talk to me and said I should use trip advisor of agoda to rate their hotel ... good and bad, he said. As we talked, again more of a monologue than a dialogue I said, there are two important things in a hotel ... I told him the first one and as I started to tell him my second one, he was already talking again.

Last night, I was waiting for my suitcase at the airport when a fellow passenger came and started talking.  At first I didn't follow what he was talking about.  I don't think he knew either! Well, it settled down and I learned about the price of his ticket,  his route, his view on various airlines, where he lived, where he worked, the comfort of the plane we had just shared, his accounting department's views on his expenses and more.

I started to offer something of my own.but he started looking around and something behind me caught his eye. I was unwittingly engaged in another monologue. I stopped talking and thankfully my suitcase arrived. We went our separate ways.

DW

I am a Hacker!

This is true:

DW

Coat Hanger Capital

I think Thailand is the coat hanger capital of the world.

This week a new mall opened in town and in one of the shops there were hundreds of coat hangers prominently displayed.

All over Thailand, coat hangers are big business!

DW

Pardon?

So I went to England in March for visa and passport business and I felt cold there. It was cold and I was there for about two weeks.

Towards the end of the trip I got a sore throat: painful but it didn't seem to spread.  Or so I thought.

When I got back home my left ear became blocked and I lost a lot of hearing power in it. I got some antibiotics and took them for a week. Still infected, still deaf.

I saw a doctor who gave me more antibiotics and anti histamines for a week. Still infected, still deaf.

I went to the hospital where the doctor gave me antibiotics and pseudo ephedrine ... for two weeks. Still deaf, still infected.

I came to Brunei and my research told me that all of their doctors are highly trained in Europe,  Australia ... I went to a clinic and was given antibiotics and anti fungal drops. For three days I noticed nothing but then ... ta daa ... big improvement. As I write this,  my hearing is almost back to normal and in two days I can stop the treatment.

My question is: what kind of infection did I get and why?

Happy to be cured.

DW

You like Beetles?

Then take a look at this beauty: the Sugarcane Longhorn Stemborer, long horn borer ... in Latin, DORYSTHENES BUQUETI. Found in our garden in Notth East Thailand this afternoon. The antennae are 4.5 inches across! Which is your favourite? DW

Farewell Meow Meow

This is the cat we called Meow Meow: it came into our lives when it was about two weeks old and was wandering around the fields having been abandoned. So, the family took it in, we fed it, we played with it and looked after it. The dogs liked it and everyone got along. Nice cat. This photo is how it was resting one evening about a year or so ago ... in a funny mood! Tom cats disappear from time to time and so did Meow Meow: for three or even four weeks. We felt he was dead. Then he returned but with a large wound on its chest. Car or dog fight? Who knows but it must have hurt. The wound healed well though and the fur grew back over it. In the meantime, our Ginger tom cat arrived, also a two week old abandoned kitten and we took him in ... Ginger and Meow Meow got on really well: they played and ran and jumped like good young friends do. They both came into our house and we fed them both. After a while Meow Meow disappeared again but when he came back this time, with another wound, in the same place, something had changed. His eyes were vacant. He would wander around crying at times. We still fed him but he wasn't all there. The wound healed again nicely so most things just jogged along. Then Meow Meow and Ginger started fighting: some epic battles with fur and excrement flying: remember the day we accidentally locked them together in our house!! Ginger also disappeared for three weeks and came back very thin: whatever he was doing, eating wasn't his priority. He is home now and eating well again. Meow Meow got thinner and thinner and more and more listless. Sad to see. Such a happy cat a year ago and now, at about the age of 20 months or so he died. He died last night after a short bout of sickness and that is the end of Meow Meow. Everyone and everything who brings joy and leaves memories deserves an obituary. So hail and farewell Meow Meow: you are free now! DW

Excel Solutions for Accountants

That is the title of my new book on Excel and here is the Introduction to the three volume set: a total of about 200 pages.

Introduction to Excel Solutions for Accountants

Duncan Williamson

April 2015

This book will be published by www.bookboon.comearly in June 2015 and of course this introduction is subject to change between now and then.

This is the first in a series of three books with the title of Excel Solutions for Accountants.

The essence of the book is that we have chosen a series of topics that we believe are of direct interest and relevance to accountants: we know that from the work we do every day. That is not to say that everything an accountant ever needs or does is included in this book; rather it’s a general book aimed at the accountant who knows that Excel can be made to do a lot more than it does but he just doesn’t know what that might be.

We have taken a very hands on approach with this book and for everything we talk about there is something for you to do: there is a spreadsheet for you to work with, too, so that you can always check your work and your accuracy at every stage.

One of our over riding ambitions was to make this book both as direct and as easy to use as possible. You will not find massive files with hideously complex formulas in them, each of which might take you an hour or two just to begin to unravel. What we have done is to give you straightforward examples with non complex lists and databases so that you come to learn the techniques and functions rather than worrying about the database.

Part One of the book comprises the following

Accountant Specific 1Excel TablesDepreciationRatio Analysis 1Graphs 1Pivot Tables 1

You can see immediately from the titles of these chapters that the accountant is the target here!

Secondly you should see that four of the chapters have the number 1 after them: that tells you that in books 2 and/or 3 there is another chapter or chapters on the same topic. Take a look at the contents of books 2 and 3:

Part TwoPart ThreeAccountant Specific 2Accountant Specific 3Compound Interest and Discounting: the time value of moneyDashboardingData Validation and Form ControlsPivot Tables 3Ratio Analysis 2ForecastingGraphs 2BudgetingPivot Tables 2AGGREGATE, OFFSET and SOLVER

More than one way to skin a cat! We present one or more solutions to the problems we present in this book and from time to time we say: Excel provides more than one way to solve this problem. If you already know a better way to solve a problem than we are presenting, stay with it. Even if you think our method is better but are happy with your own method, stick with it if it doesn’t mean you are wasting time or being inefficient. Don’t be stubborn though: like the cost accountant who saw our solution to his problem but preferred not to follow our advice: that meant he preferred to wait 20 minutes every morning for his main Excel file to open and then wait a further 45 seconds or so every time he pressed the Enter key. Our solution meant no waiting time at all as we replaced his 30,000 volatile function workbook with a Pivot Table based solution that provided almost instant responses.

Templates: we have tried at every stage of every chapter of this book to provide templates for you to work with and/or create. After all, what’s the point of programming a spreadsheet over and over again when you shouldn’t have to? Excel deals with some of the most predictable things you can do and templates are consistent with that. Therefore, take each of our examples either as a template or as your template in the making. We stress PPP too: paper, pencil, plan. The PPP approach means, don’t just dive in to a spreadsheet problem, take you time and plan it out on paper first. Then develop your solution. Then derive your template if appropriate.

A total of 18 chapters and by the end of all three books we believe you can easily call yourself an intermediate user of Excel. We also feel that you will have unlocked so much potential in Excel that you will want more and more from it.

This book has been written with Excel 2013 for Windows: that will mean that some of the things we have done will be a little bit different sometimes from what any other version of Excel might do. We have kept such differences to a minimum, however. Nevertheless, we would encourage you to upgrade to 2013 soon anyway.

Other sources of help for Excel: there are many sources of help other than Excel itself. Here are just a few examples of where to get help: just search for these online to get there!

excelmaster.co: my own Excel BlogExcel-G: online/email based discussion list for general level questions on Excel. There are about 1,000 members of this group and they are friendly and really helpful people. Please note, this is a general level list and anything too advanced should be directed at …Excel-L: online/email based discussion list for Excel Developers. This is the more advanced list and seems to concentrate mainly on VBA problems and solutions.OzGrid: this is a free and commercial site offering some brilliant resources.chandoo.org: this is another really useful site whose founder, Chandoo, has the objective of making you awesome in Excel! A lot of the materials on this site are free but some of them are commercial. Chandoo also offers online and offline courses.Jon Peltier: Jon seems to be the world’s foremost authority on graphs and charts. Again, this is a combined free and commercial site but there are many wonderful free resources on there.Mr Excel: Bill Jelen is a prolific Excel materials developer and explanator! Bill provides a lot of free and highly commendable materials, again both free and commercial.Charley Kyd: Charley has specialised in the past in dashboarding and whilst he still does that, he offers a lot of free Excel based materials too. Well worth searching out.John Walkenbach: John has been around for ages and he writes the Excel Bibles, among other Excel based titles. John is always comprehensive and has a lot of useful things to offerYouTube: there are many thousands of videos on YouTube now and more appear every day. Some of them are really very good and others will leave you wondering what on earth they were trying to say. It’s pot luck really but once you find a good YouTube provider, stick with them!

There are many more people/organisations/lists that can help you so these are just a few of the ones we recommend.

DW

Excel Solutions for Accountants

That is the title of my new book on Excel and here is the Introduction to the three volume set: a total of about 200 pages.

Introduction to Excel Solutions for Accountants

Duncan Williamson

April 2015

This book will be published by www.bookboon.com early in June 2015 and of course this introduction is subject to change between now and then.

This is the first in a series of three books with the title of Excel Solutions for Accountants.

The essence of the book is that we have chosen a series of topics that we believe are of direct interest and relevance to accountants: we know that from the work we do every day. That is not to say that everything an accountant ever needs or does is included in this book; rather it’s a general book aimed at the accountant who knows that Excel can be made to do a lot more than it does but he just doesn’t know what that might be.

We have taken a very hands on approach with this book and for everything we talk about there is something for you to do: there is a spreadsheet for you to work with, too, so that you can always check your work and your accuracy at every stage.

One of our over riding ambitions was to make this book both as direct and as easy to use as possible. You will not find massive files with hideously complex formulas in them, each of which might take you an hour or two just to begin to unravel. What we have done is to give you straightforward examples with non complex lists and databases so that you come to learn the techniques and functions rather than worrying about the database.

Part One of the book comprises the following

• Accountant Specific 1


• Excel Tables


• Depreciation


• Ratio Analysis 1


• Graphs 1


• Pivot Tables 1

You can see immediately from the titles of these chapters that the accountant is the target here!

Secondly you should see that four of the chapters have the number 1 after them: that tells you that in books 2 and/or 3 there is another chapter or chapters on the same topic. Take a look at the contents of books 2 and 3:

Part Two	Part Three
Accountant Specific 2	Accountant Specific 3
Compound Interest and Discounting: the time value of money	Dashboarding
Data Validation and Form Controls	Pivot Tables 3
Ratio Analysis 2	Forecasting
Graphs 2	Budgeting
Pivot Tables 2	AGGREGATE, OFFSET and SOLVER

More than one way to skin a cat! We present one or more solutions to the problems we present in this book and from time to time we say: Excel provides more than one way to solve this problem. If you already know a better way to solve a problem than we are presenting, stay with it. Even if you think our method is better but are happy with your own method, stick with it if it doesn’t mean you are wasting time or being inefficient. Don’t be stubborn though: like the cost accountant who saw our solution to his problem but preferred not to follow our advice: that meant he preferred to wait 20 minutes every morning for his main Excel file to open and then wait a further 45 seconds or so every time he pressed the Enter key. Our solution meant no waiting time at all as we replaced his 30,000 volatile function workbook with a Pivot Table based solution that provided almost instant responses.

Templates: we have tried at every stage of every chapter of this book to provide templates for you to work with and/or create. After all, what’s the point of programming a spreadsheet over and over again when you shouldn’t have to? Excel deals with some of the most predictable things you can do and templates are consistent with that. Therefore, take each of our examples either as a template or as your template in the making. We stress PPP too: paper, pencil, plan. The PPP approach means, don’t just dive in to a spreadsheet problem, take you time and plan it out on paper first. Then develop your solution. Then derive your template if appropriate.

A total of 18 chapters and by the end of all three books we believe you can easily call yourself an intermediate user of Excel. We also feel that you will have unlocked so much potential in Excel that you will want more and more from it.

This book has been written with Excel 2013 for Windows: that will mean that some of the things we have done will be a little bit different sometimes from what any other version of Excel might do. We have kept such differences to a minimum, however. Nevertheless, we would encourage you to upgrade to 2013 soon anyway.

Other sources of help for Excel: there are many sources of help other than Excel itself. Here are just a few examples of where to get help: just search for these online to get there!

• excelmaster.co: my own Excel Blog


• Excel-G: online/email based discussion list for general level questions on Excel. There are about 1,000 members of this group and they are friendly and really helpful people. Please note, this is a general level list and anything too advanced should be directed at …


• Excel-L: online/email based discussion list for Excel Developers. This is the more advanced list and seems to concentrate mainly on VBA problems and solutions.


• OzGrid: this is a free and commercial site offering some brilliant resources.


• chandoo.org: this is another really useful site whose founder, Chandoo, has the objective of making you awesome in Excel! A lot of the materials on this site are free but some of them are commercial. Chandoo also offers online and offline courses.


• Jon Peltier: Jon seems to be the world’s foremost authority on graphs and charts. Again, this is a combined free and commercial site but there are many wonderful free resources on there.


• Mr Excel: Bill Jelen is a prolific Excel materials developer and explanator! Bill provides a lot of free and highly commendable materials, again both free and commercial.


• Charley Kyd: Charley has specialised in the past in dashboarding and whilst he still does that, he offers a lot of free Excel based materials too. Well worth searching out.


• John Walkenbach: John has been around for ages and he writes the Excel Bibles, among other Excel based titles. John is always comprehensive and has a lot of useful things to offer


• YouTube: there are many thousands of videos on YouTube now and more appear every day. Some of them are really very good and others will leave you wondering what on earth they were trying to say. It’s pot luck really but once you find a good YouTube provider, stick with them!

There are many more people/organisations/lists that can help you so these are just a few of the ones we recommend.

Cowardly Ratbag

Just before he ran away, some coward did this to my car.

Robin Red Breast

As children we sang about the Robin Red Breast at school. I never saw any anywhere. My sister and her daughter's family keep a bird feeding station and all sorts of birds appear there.

Yesterday a Robin appeared and stayed long enough for me to take photos of it. Here is one of them: taken through the double glazed window of a door!

DW

Froggie

I was looking for a cigarette lighter this morning to burn our rubbish and Mrs W said it might be somewhere on the entrance patio so I went to look. My walking books have been on the patio for months and I looked in them. aaaagghh! there was a frog in one of them. Mrs W came out to look as she is not such a creepy crawly coward and said it was no longer there. I looked again ... aaaggghh! There it was, still there! Mrs W got it out and it hopped off. I decided I was brave enough to take some photographs and here is one that I processed using Photoshop together with the original snap!

Another Book

I have been commissioned to write another book. Working title: Excel for accountants.

15 to 20 chapters of high quality explanations with loads of examples.

Will keep you informed!

DW

Buriram United AFC Champions League Game

We got here 30 minutes late but Burian already two goals up.

Playing Seongnan FC from South Korea

DW

What Happens in a Cat Fight

I left the house yesterday and, as normal, locked the door. Then Mrs W and I went on a 20 mile waste of time drive since we were going to the market but realised, a couple of miles short of our mission, that neither of us had money or cards with us.

Home!

Dogs running excitedly around our house. Sisters shouted excitedly at Mrs W. Mrs W relayed the message: our tom cat and their tom cat were both locked in our house and were fighting ... they fight two or three times a week, sadly.

I opened the door and Ginger was there surrounded by six or seven clumps of his fur. It had taken a lot of effort to do that I'm sure. Ginger calmly left and settled himself at the front of the house.

I couldn't see or hear the other cat but I caught a smell. I followed my nose and got to the dining room. All I can say is that I am glad there is no carpet in there. Excrement covered half of the floor and it was on the wall, table legs and chair legs.

I can't imagine the battle that must have taken place but it was clearly hard fought and one of the cats was more nervous than the other.

As I left the dining room to summon Mrs W for help I met the other cat, Meow Meow. As I sometimes do with the dogs,  I clapped my hands as a way to get his attention and, surprisingly, he turned tail and skittered under the settee.

After a minute Meow Meow left the house and sauntered away: Ginger saw him, arched his back and hissed the hiss of a fearful or aggressive cat. I am not sure which cat Ginger is but I have seen him running and hiding from Meow Meow before.

In conclusion,  it took us a while to clean the dining room but I was sorry that I had inadvertently locked both cats in the house. I had no idea Ginger was at home let alone Meow Meow. I'll certainly make sure I don't do that again!

DW

I passed and what does a vegetarian taste like?

I passed my MOOC: my Data Analysis course with the University of Texas at Austin. 82% overall.

In Brunei I found pot noodles: vegetarian flavour. My question is, what does a vegetarian taste like?

DW

Two New Cases

Here are two new Excel based cases I have just prepared that I know some of you will appreciate.

UK Petrol Prices

I downloaded a file of all retail petrol and diesel prices for the UK from 2003 to 2014. The task is to prepare an interactive table so that the user just enters a date in one cell and the table then shows the

• retail pump price per litre


• duty per litre


• VAT percentage


• calculation of the cost of the petrol net of duty and VAT

This case involves the use of a variety of techniques including

• VLOOKUP()


• Data Validation


• IFERROR()


• Paste Special Multiply

Here's an example of my output:



 

This video summarises the case:

[wpvideo nw5NNOOh]

Sleep Requirements.

In today's Borneo Bulletin newspaper there is an article on the sleep requirements of people of all ages. They give the requirements such as, a new born baby needs from 14 to 17 hours a day ... someone over 65 years of age needs from 7 to 8 hours sleep a day.

The task is to turn a photo of the data into a table and a chart that communicates as effectively as possible: I prepared the following:





 

Please feel free to write to me at any time to ask for the spreadsheets that accompany these cases. At the moment they are live cases and I won't release them generally until the course has finished in a week's time..

Duncan Williamson

 

Wat Lan Kuat

Wat Lan Kuat, a temple near Sisaket in Thailand. Made of bottles. Take a look at these few snaps I took there today.

DW

New Video! - Mean, Median and Mode in this Introductory Presentation

An introduction to measures of central tendency: mean, median and mode. We use Excel to discuss this topic and there are three exercises in this presentation. http://ift.tt/1xS5gnV

New Video! - find & replace

The Find&Replace menu in Excel contains some hidden gems. Things that you might never have seen before. Take a look here to see what you've been missing. http://ift.tt/1JrisW3

New Video! - ctrl+enter with the correlation function in excel

This video shows you how to use the =CORREL() function in Excel with the Ctrl+Enter technique. This is especially useful for Mac users who do not have access to the Data Analysis Toolpak http://ift.tt/1yWlzFO

Death of a Tree

We call it a shelf tree because we don't know its real name. It's a shelf tree because its branches stick out like shelves! Anyway, we bought a nice shelf tree and planted it. We cared for it. The cat learned to climb up it. Then the insects moved in. The tree lost a lot of leaves over a few days we we found the cause: insects. We bought insect spray and the tree revived. Then we noticed a top branch was looking a bit sick but we couldn't get at it. Today I was watering the garden and noticed a lower branch had weakened in the middle and was hanging loose. I told Mrs W and by the time it was time for a break she'd dug around the root and the tree had to go. We huffed and puffed a little bit and got the tree out. Dead branches allright. Sticky blobs on the bark. Holes in the trunk. I investigated one piece and found a lot of 2 mm sized ants inside. two MILLIMETRE ants had killed our 4 - 5 metre tree. When humans have been wiped out, I am sure that ants will rule the world. Here's what's left of our big shelf tree ... there are two smaller ones in the garden and I hope they grow and survive. DW

Hasselback Garlic Potatoes

Ever heard of Hasselback Garlic Potatoes? I just made them ... see my photo. They are very good.

I got the recipe from a friend on Facebook.

DW

Stewart ... Stewart!

Stewart is part of the family and has been since is birth.  He lives with his mother and although his father and brother met untimely deaths,  he seems happy and lively, if a little shy.

Stewart is young but is fully grown: that means he is fit and slim given his adequate diet.

I have to say that I have had misgivings about Stewart for a while now.  You know, when something happens and it's a bit off key. Or someone does something and you wonder,  did they really do that?

It all came to a head this morning for Stewart.  I was just looking out through the dining room window when I saw him and another young lad. They were engaged in the kind of activity that no one should see but between members of the same sex: well, it's just not right.

I didn't feel to be in a position to intervene in any way and the matter was over rather quickly. I did discuss what I saw with Mrs W but she was not so concerned as I was.

After all, Mrs W has been around dogs all her life and Stewart is just another dog as far as she is concerned, gay or straight!

Still, you don't see many gay dogs do you!

DW

First of January 2015

My diary. I have kept a diary since I was 14 years old. I kept all my diaries too and read them every now and again. Some trivial things. Some memorable things. Some sad things, some happy things.

When I moved to Thailand last year I threw away my diaries. Over the last few years I have relied more and more on electronic notes and journal items so my diary had become less important. Still, when my blog service provider disappeared without a trace a few years ago I realised that I need to have a diary strategy which is why I have this blog and it is why I use twitter and to a much lesser extent Facebook.

Like many people I take photos of food and people, buildings, landscapes and animals. I include some of them here from time to time. Here's a photo I took about an hour ago ... mother and two week old calf!

Anyway, I bought a diary for 2015 and I will use it for business rather than personal reasons. I think.

DW

Happy New Year

Hello everyone!

It is 20:35 on 31st December where I am and that means new year celebrations have started or are very shortly about to start somewhere.

I wish all of you a happy and peaceful new year. It is my resolution to post more pages here in the coming year. As you know, I post something as often as I can and I try to ensure everything is of high quality.

I have upgraded my screen capture video production software and intend to create and post more of them.

Do feel free to write to me at any time, by the way: I always reply to my messages and comments.

Best wishes

Duncan Williamson