A recent study has found that 94% of spreadsheets used in business decision-making contain errors, posing serious risks for financial losses and operational mistakes. This finding highlights the need ...
1.Why does FDA require validation of spreadsheets and databases? To put it simply, the purpose of validating any software or computerized system is to establish trust in the data or electronic record.
Imagine discovering that your financial planner still used a rotary phone to make buy and sell orders on the stock market. Sounds absurd, right? What if you learned that a recently built high-rise ...
I recently wrote about five ways spreadsheets kill your business. Spreadsheets are a versatile tool for performing quick, ad hoc data analysis, developing presentation materials, creating small ...
Your IT team just wrapped an exhaustive security test. The network is locked down. Your organization’s tech stack has MFA enforced across the board. Employees just finished anti-phishing training. And ...
Fifteen years ago, I logged my concerns about the limitations of Excel. Have we overcome these problems? Has the downside of spreadsheets been reduced? A deeper look sees progress in some areas - and ...
CPAs are often tasked with vetting or working with numbers in a spreadsheet. And while accountants are well-trained to identify and correct accounting errors, spreadsheets bring the danger of many ...
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