Understanding the significance of spreadsheet risk
Ewen Ferguson, associate director at consultancy and audit firm, Protiviti, offers advice on understanding the significance of spreadsheet risk and how to implement a risk management policy.
Spreadsheets are used everywhere, by companies of all sizes and across all sectors. They enable us to quickly and flexibly perform analysis that otherwise would be difficult or time consuming. There is also a tendency for end users and managers to place undue trust in the integrity of the analysis performed using spreadsheets.
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