Authors
Robert Miller
Abstract
Inaccurate financial information is widespread and is putting businesses at risk.
Sample
Spreadsheets are ubiquitous and almost certainty contain errors.
Even the simplest spreadsheet calculations in a company are not tested independently for accuracy and the probability of material error is way over 90pc.
"It's very worrying. Untested spreadsheets are riddled with errors very often because the incorrect formula has been entered in the first place."
Publication
2005, The Telegraph, 30 June 2005