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.
To read the rest of the article you'll need to log in below
If you've forgotten your details click here for a reminder.
If you haven't got an account, it's free and it only takes a minute to set one up,
click here to register
29 comments
- login or register to post comments
- Add to a social bookmarking site
The Bottom Line:If Mr Cable has his way...
"If Mr Cable had his way, all the big banks would be broken up and bonuses would be virtually eliminated - a sure-fire way in my view of guaranteeing an end to the UK’s ability to compete as an international financial centre. Let’s not forget that this is a man who is on record as saying that everyone who works in a bank has an ‘aristocratic lifestyle’ clearly demonstrating his lack of understanding of the sector." A tough line on bankers’ bonuses could make a brain drain of financial talent a distinct possibility, warns Paul Marsden. Read more