Spreadsheet risk: Difference between revisions
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imported>Doug Williamson (Layout.) |
imported>Doug Williamson (Link with FAST Modeling Standard page.) |
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== See also == | == See also == | ||
* [[EuSpRIG]] | * [[EuSpRIG]] | ||
* [[FAST modelling standard]] | |||
* [[Model risk]] | * [[Model risk]] | ||
* [[Sign convention]] | * [[Sign convention]] | ||
Revision as of 20:56, 4 July 2017
The risk of financial losses or other adverse effects resulting from:
- Invalid assumptions
- Other errors
- Omissions or
- Duplications in a spreadsheet.
In addition, 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.
