Spreadsheet risk

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.

See also

• Model risk
• Spreadsheet
• EuSpRIG