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Microsoft Power BI for Financial Reporting

Name: Microsoft Power BI for Financial Reporting
Rating: 4.7 (2745 reviews)

Master Microsoft Power BI to create incredible Power BI financial reports that represent key, actionable insights

Created byEnterprise DNA, Sam McKay

Last updated 1/2025

English

German [Auto],English [Auto],

What you'll learn

Master the creation of comprehensive financial reports in Power BI, effectively representing key insights in a compelling and dynamic manner.
Acquire the ability to optimize and model financial reporting data for Power BI, enhancing its usability and interpretability.
Gain a deep understanding of the myriad visualization possibilities for financial metrics, opening doors to creative and impactful data presentations.
Discover how to strategically combine the correct DAX functions in your reports for optimal data analysis.
Understand and apply advanced DAX formula combinations to solve complex calculations, enhancing your problem-solving skills.
Develop the skill to produce detailed, fully automated financial reports, saving time and increasing productivity.
Learn how to manage data from multiple tables in one model and advanced DAX formula combinations for solving certain calculations

Course content

13 sections • 96 lectures • 6h 31m total length

Learning Tips From Enterprise DNA1:33
Microsoft Power BI user-interface updates to be aware of0:53
Resource Pack0:04
Course Overview - Let's get started!0:34
Numbers into Stories: Power BI Facts0:34
Introduction3:01
Power BI model and raw data review8:23
Build a dynamic Power BI model to integrate revenue, expenses, and balance sheet data for income statements, cash flow, and age trial balance insights.
Data Model and Review0:56

Behind the Scenes of Financial Reporting0:28
Data Model Planning8:09
Learn how to;
Use advanced modeling and formula techniques
Use unique ideas to visualize financial reporting information
Solve for any financial metric you may need in your reports
To access the FULL course for FREE, click here:
https://enterprisedna.co/corporate-optimizing-accounting-reports-wpower-bi/
Importing Data into Your Model6:25
Learn - dynamic visualization techniques within your reports
Learn - some advanced DAX formula combinations for solving certain calculations
Understand - how to use the right relationships in your models
Produce - detailed financial reports that are completely automated
Learn - how to manage data from multiple tables in one model
Build - a robust data model and report that showcases compelling insights
To access the FULL course for FREE, click here:
https://enterprisedna.co/corporate-optimizing-accounting-reports-wpower-bi/
Transforming Data with the Query Editor11:56
Understand - how to use the right relationships in your models
Produce - detailed financial reports that are completely automated
Learn - how to manage data from multiple tables in one model
Build - a robust data model and report that showcases compelling insights
To access the FULL course for FREE, click here:
https://enterprisedna.co/corporate-optimizing-accounting-reports-wpower-bi/
Best Practices for Structuring Financial Reporting Data7:53
Transform pivoted balance sheet, expense, and cash flow data into thin tables by promoting the first row as headers, unpivoting columns, and creating year and value fields for Power BI.
Constructing an Effective Data Model & Establishing Correct Relationships11:03
Commit the cleaned data to the model and start building a clear data model. Delete confusing relationships, organize lookup tables, and establish one-to-many and inactive relationships for multi-date filtering.
Mastering the Integration of Multiple Tables13:47
Learn to integrate revenue and expense data in Power BI by creating an income statement table using DEC's formula, summarise and union, rolling daily sales to monthly channel totals.
Effective Organization of Your Data Model7:26
Organize your Power BI data model by cleaning relationships, aligning tables, and creating media groups like key measures and time comparison tables for clarity and future reporting.
Constructing Your Model's First DAX Formulas13:41
Explore DAX fundamentals for financial reporting in Power BI, including aggregating and iterating functions, measure branching, and time intelligence to build reusable measures and insights.
10 Quick Tips for Effective Power BI Data Modeling0:31
Financial reporting data setup and modelling - Review0:59
Your Feedback Matters!0:40

Income Statements Uncovered: Facts0:25
Exploring Initial DAX Calculations4:05
Explore initial DAX calculations to build an income statement in Power BI, including rollups, generic column names, calculated and index columns, and handling positive and negative values.
Dealing with +ve/-ve numbers5:26
Creating rollup subtotals calculations10:04
Incorporating Financial Template Design into Report Pages4:22
Overlaying Main DAX Formula Combinations onto Template Designs7:32
Exploring Options for Template Designs and Visuals4:14
Performing Time Comparison Calculations8:03
Learn to build time comparison calculations in Power BI to display current results with last year revenue, using subtotals, a master measure, and the income statement.
Other template calculation possibilities6:40
Key Insights for Power BI Reporting0:34
Income Statements - Review1:03

Balance Sheets with Power BI: Quick Facts0:25
Managing Data at Various Granularities4:18
Computing Subtotal Amounts6:22
Compute balance sheet subtotals in Power BI by creating measures for current assets and current liabilities, fixed assets, long-term liabilities, and owners’ equity, then roll up totals and derive ratios.
Leveraging SWITCH/TRUE Logic for Template Design5:46
Handling Unique Table Designs and Summary Calculations3:37
Building a Summary Table of Key Financial Ratios3:40
Create a summary table of key financial ratios in Power BI by filtering balance sheet data and building visuals for debt to equity, current, and working capital ratios.
Balance Sheets - Review0:59
Financial Reporting: From Balance Sheets to Key Ratios0:32

Cash Flow Statements in Power BI: Did You Know?0:29
Initiating DAX Functions for Report Breakdown3:48
Explore dynamic cash flow reporting in Power BI by building DAX measures to sum cash flow data, create virtual year filters with a date table, and design flexible templates.
Calculating Accurate Summary Totals5:46
Calculate accurate summary totals by building and filtering cash flow subtotals from operating, investing, and financing activities in Power BI.
Applying SWITCH/TRUE Formula Techniques6:34
Breaking Down Key Summary Lines into New Tables2:59
Creating visuals when dealing with -ve numbers3:32
Cash Flow Statement - Review1:12
Cash Flow Statements: DAX Techniques and Visual Strategies0:21

Aged Trial Balance: General Facts Uncovered0:28
Reviewing Receivables Reconciliation4:29
Considerations for Modelling4:50
Setting Up Initial DAX Formula Requirements12:11
Advanced Dynamic Grouping Modeling and Formula Techniques11:17
Learn dynamic grouping in Power BI by creating a grouping table and a reusable formula to categorize invoices by aging days into 1–30, 31–60, 61–90, and 90+ for financial reporting.
Exploring Visualization Options5:13
Aged Trial Balance - Review1:01
Mastering Aged Trial Balance in Power BI0:33

Beyond just the Details0:26
Harnessing Dynamic Visualization Techniques9:21
Create dynamic visualizations in Power BI by building a template, a new income statement visual table, and measures that switch between actuals, last year, and percent to revenue.
Implementing DAX Formulas5:26
Learn to implement DAX formulas in Power BI to break annual totals into quarterly measures using a date table, create quarter-by-quarter visuals, and compare by channel with dynamic selections.
Financial Details Review0:29
Harnessing Power BI: Dynamic Visuals and DAX0:18

Facts: A Deeper Dive into Growth and Trends0:27
Bringing It All Together: Showcasing Key Revenue Insights5:09
Rapidly assemble revenue insights in Power BI by creating a dynamic report page with date filters, territory and channel slicers, and visuals like waterfall charts and sales by customer.
Experimenting with Unique DAX Formula Combinations5:42
Mastering Ranking Formula Techniques4:33
Master ranking techniques in Power BI by building dynamic top five visuals for customers and cities using the topin and calculate functions, while preserving per-customer context with values.
Essential Visualization Tips4:20
Enhance Power BI report pages with clear titles, logos, and data labels, then customize colors, axes, and conditional formatting to deliver quick, insightful profits visuals for end users.
Revenue Insights - Review0:55
Insights in Power BI: From DAX Formulas to Visuals0:23

Report Design in Power BI: Did You Know?0:25
Creating a Captivating Color Palette: Best Practice Visualization Techniques10:29
Create a cohesive color palette for financial reporting by importing a JSON theme, styling income statements with dark backgrounds, typography, and conditional formatting to enhance visuals and navigation.
Creating a User-Friendly Report Navigation Using Unique Icons and Bookmarks6:20
Create an interactive financial report navigation in Power BI using unique icons and bookmarks embedded in a web page to navigate between report pages.
Course Wrap-Up: Final Tips and Techniques4:32
Discover final tips and techniques for mastering Power BI in financial reporting, from building a clean data model with clear relationships and intuitive naming to creating dynamic visuals and insights.
Report Design and App Navigation - Review0:41
Enhancing Power BI Reports: Color Palettes, Icons, and User Navigation0:22

Must Read: Additional Content0:20
Financial Analysis in the Banking Industry Facts0:23
Introduction to Financial Statement Modelling for Banks7:29
Model bank financial statements in Power BI by building line-based layouts with balance sheet and income statement, applying calculation types and what-if scenarios for benchmarking Barclays, Citi, HSBC, and Lloyds.
Deep Dive into Bank Financial Statements and Scenario Modelling4:43
Explore bank financial statements in Power BI by drilling through to Barclays, analyzing income statements and balance sheets, and modeling what-if scenarios on loans, deposits, staff costs, and retained earnings.
Data Ingestion and Structuring for Bank Financial Modelling6:52
Ingest and model bank data in Power BI by unpivoting years, building dimension and fact tables, and creating financial statements, ratios, benchmarking, and what-if scenarios.
Advanced Measure Creation using Tabular Editor in Power BI10:06
Scripting and Visualizing Financial Measures in Power BI9:02
Creating Financial Ratios and Benchmarking in Power BI5:18
Scenario Modeling with What-If Parameters in Power BI6:27
Model scenario outcomes in Power BI using what-if parameters with numeric ranges for head count, loans, and deposits, comparing original and modeled values with slicers and bookmarks.
Conclusion: Comprehensive Financial Modeling Recap3:44
Financial Modelling In The Banking Industry - Review0:47
Insights & Tips on Financial Modeling in Banking0:34

Requirements

Basic understanding of Power BI: As this course delves into advanced features and techniques of Power BI, students should have a basic understanding of how Power BI works and its main features.
Experience with financial data: Familiarity with financial statements and key financial metrics will help students better understand the course content and apply the techniques to real-world data.
Access to Power BI software: Students will need to have Power BI installed on their computers. The course will include practical exercises that require students to use Power BI.

Description

Embark on a transformative learning journey with this comprehensive course on Microsoft Power BI for Financial Reporting. Dive into more than four hours of engaging content, where you'll be guided through the process of turning raw financial data into compelling, professional-grade reports.

The course aims to empower you with advanced modeling and DAX formula techniques, enabling you to solve any financial metric challenge. We will take you through unique methods of visualizing financial information, making complex data easier to understand and share. You'll learn to craft comprehensive financial reports, including income statements, balance sheets, cash flow statements, and aged trial balances, tailoring these to your team’s specific needs.

As part of the learning experience, you will discover how to implement dynamic visualizations to explore historical trends and future projections. The course provides techniques to enable dynamic drill-down features in your reports, uncovering key areas of insights for better decision-making.

We will also walk you through designing a seamless navigation page for your reporting application, enhancing user experience and efficiency. Furthermore, you will get the chance to layer various DAX techniques, creating robust 'analytical solutions' that impress and engage data consumers.

The course includes practical resources such as a demo data set for hands-on practice with DAX formula development and a demo model showcasing specific analytical techniques. This course is ideally suited for those who already have a good grasp of Power BI as a reporting and analytical tool, but no additional advance preparation is required.

Join us in this course and turn your financial data into a powerful strategic asset. Together, we will make data-driven decision-making not just achievable, but also exciting and impactful.

Who this course is for:

Financial analysts seeking to leverage Power BI for creating dynamic and detailed financial reports.
Data professionals looking to enhance their skill set with advanced Power BI features and techniques.
Business intelligence enthusiasts interested in optimizing and modeling financial data within Power BI.
Professionals in finance and accounting roles seeking to automate their reporting processes.
Anyone interested in exploring and visualizing financial data in a meaningful and impactful way using Power BI.

Microsoft Power BI for Financial Reporting

What you'll learn

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Course content

Data Model and Review8 lectures • 16min

Financial reporting data setup and modelling12 lectures • 1hr 23min

Income Statements11 lectures • 52min

Balance Sheets8 lectures • 26min

Cash Flow Statement8 lectures • 25min

Aged Trial Balance8 lectures • 40min

Financial Details5 lectures • 16min

Revenue Insights7 lectures • 21min

Report Design and App Navigation6 lectures • 23min

Financial Modelling In The Banking Industry12 lectures • 56min

Requirements

Description

Who this course is for: