Absolutely! Conditional formatting is a powerful tool in Excel that allows you to automatically change the appearance of cells based on specific conditions. This includes changing font color, cell fill color, and even other formatting options like borders or font styles.

Here's a quick breakdown:

1. Select Cells: Choose the range of cells where you want to apply conditional formatting.
2. Conditional Formatting Menu: Navigate to the "Home" tab and in the "Styles" group, click on "Conditional Formatting."
3. Formatting Options: You'll see a variety of options depending on the type of rule you want to create. Here are some common scenarios for changing font color or fill:
- Highlight Cells Rules: This offers quick options like "Greater Than," "Less Than," "Equal To," etc. If a cell meets the condition, you can format it with a specific font color or cell fill.
- New Rule...: This allows for more customization. You can set up rules based on formulas, specific text values, cell formatting, etc. Within the rule setup, you can choose the formatting options you desire, including font color and cell fill.
4. Format Cells: Click on the "Format" button within the conditional formatting options. This opens the "Format Cells" window where you can choose the desired font color, fill color, and other formatting options to be applied when the condition is met.

By using conditional formatting creatively, you can create visually appealing and informative spreadsheets that make it easier to identify important data points.