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In this tutorial, Richard Ross demonstrates how to use conditional formatting in Microsoft Access to format fields in forms or reports based on different fields' values. By applying simple conditional formatting, users can customize the appearance of fields in response to specific criteria. Ross shows how to make multiple fields, such as first name and last name, change color based on the value of another field, like credit limit. This can be achieved by going into design view, clicking on the field, and accessing the conditional formatting option.