Spreadsheet audit and review procedures are an essential part of almost all City of London financial transactions.
The twenty principles for good spreadsheet practice aims to reduce the amount of time wasted and the number of errors.
Spreadsheets have errors like dogs have fleas. Nine out of every ten spreadsheets suffer some error, and consequences can be severe.
Our spreadsheet methodology has criteria for designing, building, and validating spreadsheets to ensure that they work correctly.
See our bibliography of spreadsheet best practice, risk management, errors and testing, and methods for improving spreadsheets.
The cascading structure of typical spreadsheet formulae means that just about every spreadsheet is almost certainly wrong.
Incorrect use of Excel's NPV function is a common source of spreadsheet errors. We show several pitfalls and ways to avoid them.
Research concludes unanimously that spreadsheet errors are both common and non-trivial. We must seek ways to reduce spreadsheet errors.
We can help you make better spreadsheets:
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