do accountants really know excel?...marketing hr manufacturing financial services science & tech...

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‘An accountant earns £40k per year and is charged out at 2.5x that, i.e. £100k. He spends 2.5 hours out of an 8-hour working day using Excel and scores 32.5% right on our Filter questions (i.e. that’s his baseline level of expertise). With relevant training and dedication he raises his level to 50%.2.5 / 8 * £100,000 x [50 - 32.5] / 32.5 = £16,826.92 Estimate his increase in value with the following: How to calculate training ROI © Filtered Ltd 2016; private & confidential. DO ACCOUNTANTS REALLY KNOW EXCEL? Legal Production Other Senior Management R&D Purchasing Strategy Operations/Logistics 0.0 0.5 1.0 1.5 2.0 2.5 3.0 20 25 30 35 50 55 60 Design & Media Education Admin Law Other Retail Sales & Marketing HR Manufacturing Financial Services Science & Tech Accountancy CONFIDENCE INDEX PROFICIENCY INDEX 30 years since its launch, Microsoſt Excel is more popular than ever. 1 billion people use the program. A survey of 250 professionals indicated that workers use Excel for more than an hour every day. For example, these 45k workers only got 28% of our Filtered Excel questions correct. Accountants, understandably confident at Excel, were only the 3rd most proficient group of professionals. Almost 50% of the questions were answered incorrectly, even by top accountants. However, our study of 45,000 office workers revealed that, despite using Excel daily, major, fundamental knowledge gaps are the norm. Manufacturing Marketing Operations Sales IT HR/Talent/L&D Finance Admin

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Page 1: DO ACCOUNTANTS REALLY KNOW EXCEL?...Marketing HR Manufacturing Financial Services Science & Tech CONFIDENCE INDEX Accountancy PROFICIENCY INDEX 30 years since its launch, Microso˜

‘An accountant earns £40k per year and is charged out at 2.5x that, i.e. £100k. He spends 2.5 hours out of an 8-hour working day using Excel and scores 32.5% right on our Filter questions (i.e. that’s his baseline level of expertise). With relevant training and dedication he raises his level to 50%.’

2.5 / 8 * £100,000 x [50 - 32.5] / 32.5

= £16,826.92

Estimate his increase in value with the following:

How to calculate training ROI

© Filtered Ltd 2016; private & confidential.

DO ACCOUNTANTS REALLY KNOW EXCEL?

Legal

Production

Other

Senior Management

R&D

Purchasing

Strategy

Operations/Logistics

0.0 0.5 1.0 1.5 2.0 2.5 3.0

20 25 30 3550

55

60

Design &Media

Education

AdminLaw

Other

Retail

Sales &Marketing

HR

ManufacturingFinancialServices

Science &Tech

Accountancy

CON

FIDE

NCE

INDE

X

PROFICIENCY INDEX

30 years since its launch, Microso� Excel is more popular than ever.

1 billion people use the program.

A survey of 250 professionals indicated that workers use Excel for more than an hour every day.

For example, these 45k workers only got 28% of our Filtered Excel questions correct.

Accountants, understandably confident at Excel, were only the 3rd most proficient group of professionals.

Almost 50% of the questions were answered incorrectly, even by top accountants.

However, our study of 45,000 o�ice workers revealed that, despite using Excel daily, major, fundamental knowledge gaps are the norm.

Manufacturing

Marketing

Operations

Sales

IT

HR/Talent/L&D

Finance

Admin