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This management summary provides an outline of a commercial spreadsheet review process. The aim of this process is to ensure remedial or enhancement work can safely be undertaken on a spreadsheet with a commercially acceptable level of risk…

Software Engineering · Computer Science 2008-03-10 Simon Murphy

This paper presents the authors recommended practices for spreadsheet testing. Documented spreadsheet error rates are unacceptable in corporations today. Although improvements are needed throughout the systems development life cycle,…

Software Engineering · Computer Science 2024-12-31 Raymond R. Panko

Spreadsheets are widely used in industry, even for critical business processes. This implies the need for proper risk assessment in spreadsheets to evaluate the reliability and validity of the spreadsheet's outcome. As related research has…

Software Engineering · Computer Science 2017-04-06 Thomas Reschenhofer , Bernhard Waltl , Klym Shumaiev , Florian Matthes

Recognizing that the use of spreadsheets within finance will likely not subside in the near future, this paper discusses a major barrier that is preventing more organizations from adopting enterprise spreadsheet management programs. But…

Software Engineering · Computer Science 2011-11-22 Nancy Wu

There is overwhelming evidence that the continued and widespread use of untested spreadsheets in business gives rise to regular, significant and unexpected financial losses. Whilst this is worrying, it is perhaps a relatively minor concern…

Computers and Society · Computer Science 2024-12-31 Grenville J. Croll , Raymond J. Butler

Past research shows that spreadsheet models are prone to such a high frequency of errors and data security implications that the risk management of spreadsheet development and spreadsheet use is of great importance to both industry and…

Human-Computer Interaction · Computer Science 2008-02-26 David Chadwick

Research on formulae production in spreadsheets has established the practice as high risk yet unrecognised as such by industry. There are numerous software applications that are designed to audit formulae and find errors. However these are…

Human-Computer Interaction · Computer Science 2008-03-13 Simon Thorne , David Ball , Zoe Lawson

The European Spreadsheet Risks Interest Group (EuSpRIG) has maintained a website almost since its inception in 2000. We present here longitudinal and cross-sectional statistics from the website log in order to shed some light upon end-user…

Computers and Society · Computer Science 2011-11-22 Grenville J. Croll

Amongst the large number of write-and-throw-away spreadsheets developed for one-time use there is a rather neglected proportion of spreadsheets that are huge, periodically used, and submitted to regular update-cycles like any conventionally…

Human-Computer Interaction · Computer Science 2008-05-14 Markus Clermont , Christian Hanin , Roland T. Mittermeir

Few major commercial or economic decisions are made today which are not underpinned by analysis using spreadsheets. It is virtually impossible to avoid making mistakes during their drafting and some of these errors remain, unseen and…

Human-Computer Interaction · Computer Science 2009-08-07 Angus Dunn

The usual aim of spreadsheet audit is to verify correctness. There are two problems with this: first, it is often difficult to tell whether the spreadsheets in question are correct, and second, even if they are, they may still give the…

Software Engineering · Computer Science 2008-08-15 Louise Pryor

In this paper we consider human factors and their impact on spreadsheet development in strategic decision-making. This paper brings forward research from many disciplines both directly related to spreadsheets and a broader spectrum from…

Human-Computer Interaction · Computer Science 2008-03-14 Simon Thorne , David Ball

This paper offers a brief review of cognitive verbs typically used in the literature to describe standard spreadsheet practices. The verbs identified are then categorised in terms of Bloom's Taxonomy of Hierarchical Levels, and then rated…

Human-Computer Interaction · Computer Science 2008-07-21 Garry Cleere

The use of spreadsheets in industry is widespread. Companies base decisions on information coming from spreadsheets. Unfortunately, spreadsheets are error-prone and this increases the risk that companies base their decisions on inaccurate…

Software Engineering · Computer Science 2018-09-03 Bas Jansen , Felienne Hermans

Spreadsheets (sometimes also called Excel programs) are powerful tools which play a business-critical role in many organizations. However, due to faulty spreadsheets many bad decisions have been taken in recent years. Since then, a number…

Software Engineering · Computer Science 2018-08-31 Daniel Kulesz , Stefan Wagner

A common application of spreadsheets is the development of models that deliver projections of the future financial statements of companies established to pursue ventures that are subject to project financing. A survey of 11 such…

Software Engineering · Computer Science 2010-01-26 David Colver

This paper deals with errors in using spreadsheets and analysis of automatic recording of user interaction with spreadsheets. After a review of literature devoted to spreadsheet errors, we advocate the importance of going from error…

Human-Computer Interaction · Computer Science 2011-02-19 Francoise Tort , Francois-Marie Blondel , Eric Bruillard

One source of software project challenges and failures is the systematic errors introduced by human cognitive biases. Although extensively explored in cognitive psychology, investigations concerning cognitive biases have only recently…

Software Engineering · Computer Science 2022-03-22 Rahul Mohanani , Iflaah Salman , Burak Turhan , Pilar Rodriguez , Paul Ralph

Context: Conducting experiments is central to research machine learning research to benchmark, evaluate and compare learning algorithms. Consequently it is important we conduct reliable, trustworthy experiments. Objective: We investigate…

The spreadsheet has been used by the business community for many years and yet still raises a number of significant concerns. As educators our concern is to try to develop the students skills in both the development of spreadsheets and in…

Computers and Society · Computer Science 2024-12-31 David A. Banks , Ann Monday