Spreadsheet risk: Difference between revisions
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imported>Doug Williamson (Link with Sign convention page.) |
imported>Doug Williamson (Number the sources of spreadsheet risk.) |
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Losses and other adverse effects may also result from any one or more of: | 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. | |||
Revision as of 20:50, 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.
