How Companies Can Manage Spreadsheet Risk [Part 2 of 4]
In the second installment on Excel Spreadsheet Risk Management, Myles takes a look at How companies can manage spreadsheet risk?.
He tells us, how we can set a formal governance framework to reduce or mitigate spreadsheet risk. Go ahead and read. And please tell us how your company manages spreadsheet risk in comments.
Introduction to Spreadsheet Risk Management
This series of articles will give you an overview of how to manage spreadsheet risk. These articles are written by Myles Arnott from Excel Audit
Part 1: An Introduction to managing spreadsheet risk
Part 2: How companies can manage their spreadsheet risk
Part 3: Excel’s auditing functions
Part 4: Using external software packages to manage your spreadsheet risk
The potential impact of spreadsheet error hit the UK business news recently after a mistake in a spreadsheet resulted in outsourcing specialist Mouchel issuing a major profits warning and sparked the resignation of its chief executive. Over the next few weeks we will look at the risk spreadsheets can introduce to an organisation and the steps that can be taken to minimise this risk.
Show all the names & their References [Spreadsheet Audit]
We all have been there. You started to build a simple workbook to keep track of an ongoing project or dashboard or something equally complicated. Even before you realize the workbook has 23 sheets and 41 named ranges all going from one place to another, like flying spaghetti monster, only less awesome. Now, how do […]