Spreadsheet risk: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Expand to promote invalid assumptions as a key source of spreadsheet risk, and categorise page.) |
imported>Doug Williamson No edit summary |
||
| Line 4: | Line 4: | ||
== See also == | == See also == | ||
* [[Model risk]] | |||
* [[CertFMM]] | * [[CertFMM]] | ||
* [[Spreadsheet]] | * [[Spreadsheet]] | ||
Revision as of 21:11, 8 December 2013
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 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.
