Spreadsheet risk: Difference between revisions
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imported>Doug Williamson (Layout.) |
imported>Doug Williamson (Link with Sign convention page.) |
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== See also == | == See also == | ||
* [[EuSpRIG]] | |||
* [[Model risk]] | * [[Model risk]] | ||
* [[Sign convention]] | |||
* [[Spreadsheet]] | * [[Spreadsheet]] | ||
[[Category:Manage_risks]] | [[Category:Manage_risks]] | ||
[[Category:Technology]] | [[Category:Technology]] | ||
Revision as of 20:49, 4 July 2017
The risk of financial losses or other adverse effects resulting from invalid assumptions, other errors, omissions or duplications in a spreadsheet.
Losses and other adverse effects may also result from any one or more of:
- Fraud
- Overconfidence in the spreadsheet's results
- Overdependence on the spreadsheet
- Misinterpretation of results
- Failure to communicate assumptions and limitations
- Or failure to understand the consequences of assumptions and limitations.
