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In this lecture, we dive into Excel's auditing tools, essential for tackling common problems when working with complex formulas. Whether it's errors you can't pinpoint or inconsistent results, these tools offer practical solutions.

Key Features Covered:
Show Formulas: A toggle option that displays all formulas in a sheet, providing a clear view of what calculations are being performed.

Trace Precedents and Dependents: Identify which cells influence others and how they are interconnected, visualized with arrows.

Error Checking: Diagnose and understand different types of errors in formulas, with descriptions and suggested solutions.

Watch Window: Monitor specific cells' values, especially useful in larger files or when cells depend on data in different sheets or workbooks.

Evaluate Formula: Step-by-step breakdown of formula execution, translating cell references to actual values. Especially helpful for understanding long, complex formulas.

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Video Summary:
Once you have mastered Excel functions and you start to use more complex formulas and build more robust spreadsheet, you are likely to run into two issues:
1. You have mistakes in your formulas but because they are too long and complex you can’t find where the problem is
2. The result of your formula throws an error for some cells and you’re not sure why.
In this video I will give you a tour of the formula audit tools that are available and how they can help you track and debug your formulas.
You will also find out how you can use the "watch window" to keep you eyes on the value of certain cells while you adjust your input values elsewhere. This feature can come in really handy and avoids you having to jump between different Excel tabs and workbooks.

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