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In this paper, we discuss aspects of model risk management in financial institutions which could be adopted by academic institutions to improve the process of conducting academic research, identify and mitigate existing limitations,…

Risk Management · Quantitative Finance 2024-06-24 Mahmood Alaghmandan , Olga Streltchenko

The use of uncontrolled financial spreadsheets can expose organizations to unacceptable business and compliance risks, including errors in the financial reporting process, spreadsheet misuse and fraud, or even significant operational…

Software Engineering · Computer Science 2008-05-29 Soheil Saadat

While scientists increasingly recognize the importance of metadata in describing their data, spreadsheets remain the preferred tool for supplying this information despite their limitations in ensuring compliance and quality. Various tools…

Digital Libraries · Computer Science 2023-12-15 Martin J. O'Connor , Marcos Martínez-Romero , Mete Ugur Akdogan , Josef Hardi , Mark A. Musen

We briefly review the well-known risks, weaknesses and limitations of spreadsheets and then introduce some more. We review and slightly extend our previous work on the importance and criticality of spreadsheets in the City of London,…

Computers and Society · Computer Science 2009-09-01 Grenville J. Croll

There is a lack of formal risk management techniques in agile software development methods Scrum. The need to manage risks in agile project management is also identified by various authors. Authors of this paper conducted a survey to find…

Software Engineering · Computer Science 2015-02-17 Martin Tomanek , Jan Juricek

Fifteen years of research studies have concluded unanimously that spreadsheet errors are both common and non-trivial. Now we must seek ways to reduce spreadsheet errors. Several approaches have been suggested, some of which are promising…

Software Engineering · Computer Science 2008-03-10 Raymond R. Panko

Spreadsheets are widely used in industry, because they are flexible and easy to use. Sometimes they are even used for business-critical applications. It is however difficult for spreadsheet users to correctly assess the quality of…

Software Engineering · Computer Science 2012-09-18 Felienne Hermans , Martin Pinzger , Arie van Deursen

The research presented in this paper establishes a valid, and simplified, revision of previous spreadsheet error classifications. This investigation is concerned with the results of a web survey and two web-based gender and domain-knowledge…

Human-Computer Interaction · Computer Science 2008-03-10 Michael Purser , David Chadwick

Spreadsheets that are informally created are harder to test than they should be. Simple cross-foot checks or being easily readable are modest but attainable goals for every spreadsheet developer. This paper lists some tips on building…

Human-Computer Interaction · Computer Science 2009-08-11 Patrick O'Beirne

The spreadsheet paradigm has some unique risks and challenges that are not present in more traditional development technologies. Many of the recent advances in other branches of software development have bypassed spreadsheets and…

Software Engineering · Computer Science 2024-12-31 Simon Murphy

Spreadsheets are powerful tools which play a business-critical role in many organizations. However, many bad decisions taken due to faulty spreadsheets show that these tools need serious quality assurance. Furthermore, while collaboration…

Software Engineering · Computer Science 2017-12-01 Daniel Kulesz , Verena Käfer , Stefan Wagner

Spreadsheets are widely used in industry, because they are flexible and easy to use. Often, they are even used for business-critical applications. It is however difficult for spreadsheet users to correctly assess the maintainability of…

Software Engineering · Computer Science 2014-01-31 Henk Vlootman , Felienne Hermans

Although general-purpose AI systems offer transformational opportunities in science and industry, they simultaneously raise critical concerns about safety, misuse, and potential loss of control. Despite these risks, methods for assessing…

Computers and Society · Computer Science 2025-12-12 Malcolm Murray , Steve Barrett , Henry Papadatos , Otter Quarks , Matt Smith , Alejandro Tlaie Boria , Chloé Touzet , Siméon Campos

Spreadsheets are widely used, and studies have shown that most end-user spreadsheets contain nontrivial errors. To improve end-users productivity, recent research proposes the use of a model-driven engineering approach to spreadsheets. In…

Human-Computer Interaction · Computer Science 2011-12-20 Laura Beckwith , Jácome Cunha , João Paulo Fernandes , João Saraiva

Computing systems face diverse and substantial cybersecurity threats. To mitigate these cybersecurity threats, software engineers need to be competent in the skill of threat modeling. In industry and academia, there are many frameworks for…

Cryptography and Security · Computer Science 2024-04-26 Siddhant S. Joshi , Preeti Mukherjee , Kirsten A. Davis , James C. Davis

Most organizations today use spreadsheets in some form or another to support critical business processes. However the financial resources, and developmental rigor dedicated to them are often minor in comparison to other enterprise…

Computers and Society · Computer Science 2024-12-31 Brandon Weber

Research articles can support teaching by introducing the latest expert thinking on relevant topics and trends and describing practical real-world case studies to encourage discussion and analysis. However, from the point of view of the…

Computers and Society · Computer Science 2016-06-07 Harry Zurita , Sean B. Maynard , Atif Ahmad

This paper introduces RiskCards, a framework for structured assessment and documentation of risks associated with an application of language models. As with all language, text generated by language models can be harmful, or used to bring…

Computation and Language · Computer Science 2023-04-03 Leon Derczynski , Hannah Rose Kirk , Vidhisha Balachandran , Sachin Kumar , Yulia Tsvetkov , M. R. Leiser , Saif Mohammad

Testing is a vital part of software development, and spreadsheets are like any other software in this respect. This paper discusses the testing of spreadsheets in the light of one practitioner's experience. It considers the concept of…

Software Engineering · Computer Science 2008-07-22 Louise Pryor

Nowadays, companies are highly exposed to cyber security threats. In many industrial domains, protective measures are being deployed and actively supported by standards. However the global process remains largely dependent on document…

Cryptography and Security · Computer Science 2024-09-13 Christophe Ponsard