Authors
Ann C. Dzuranin & Robert D. Slater
Abstract
Spreadsheet use is pervasive in many organizations. Useful as they are, the risk exposure posed by spreadsheets can be enormous.
This article discusses how companies can better understand those risks by using the company's business objectives to inventory and classify spreadsheets according to their business purpose.
Sample
According to the COSO ERM, there are four high-level categories of objectives within an organization: strategic, operations, reporting, and compliance. Spreadsheet risk can be assessed within the context of the COSO ERM.
Publication
2014, Journal of Corporate Accounting & Finance, Issue 25, Number 3, March/April, pages 25-30
Full article
Business risks all identified? If you're using a spreadsheet, think again
