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The paper examines in the context of financial reporting, the controls that organisations have in place to manage spreadsheet risk and errors. There has been widespread research conducted in this area, both in Ireland and internationally.…

Software Engineering · Computer Science 2010-09-16 Ben G. Rittweger , Eoin Langan

There is an overlooked iceberg of problems in end user computing. Spreadsheets are developed by people who are very skilled in their main job function, be it finance, procurement, or production planning, but often have had no formal…

Human-Computer Interaction · Computer Science 2008-06-03 Pat Cleary , Dr David Ball , Mukul Madahar , Simon Thorne , Christopher Gosling , Karen Fernandez

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

End User Computing carries significant risks if not well controlled. This paper is a case study of the introduction of an updated End User Computing policy at the Wesleyan Assurance Society. The paper outlines the plan and identifies…

Human-Computer Interaction · Computer Science 2020-11-24 Roger Turner

This paper presents the findings of a case study of spreadsheet use in a higher education institution in the UK. The paper considers the use of spreadsheets in two units of the organisation, academic registry and finance. Spreadsheet use is…

Computers and Society · Computer Science 2019-09-18 Simon Thorne , Jamie Hancock

Heavy use of spreadsheets by organisations bears many potential risks such as errors, ambiguity, data loss, duplication, and fraud. In this paper these risks are briefly outlined along with their available mitigation methods such as:…

Software Engineering · Computer Science 2016-02-22 Mahmood H. Shubbak , Simon Thorne

Previous research on spreadsheet risks has predominantly focussed on errors inadvertently introduced by spreadsheet writers i.e. it focussed on the end-user aspects of spreadsheet development. When analyzing a faulty spreadsheet, one might…

Computers and Society · Computer Science 2024-12-31 Roland T. Mittermeir , Markus Clermont , Karin Hodnigg

There has been a significant amount of research into spreadsheets over the last two decades. Errors in spreadsheets are well documented. Once used mainly for simple functions such as logging, tracking and totalling information, spreadsheets…

Computers and Society · Computer Science 2024-12-31 Mukul Madahar , Pat Cleary , David Ball

The frequency with which spreadsheets are used and the associated risk is well known. Many tools and techniques have been developed which help reduce risks associate with creating and maintaining spreadsheet. However, little consideration…

Human-Computer Interaction · Computer Science 2009-08-13 Mel Glass , David Ford , Sebastian Dewhurst

This paper discusses the risks and potential impacts of spreadsheet errors in scientific research data in a Neuroscience research centre in the UK. Spreadsheets usage in neuroscience, or indeed any medical discipline, is a largely…

Computers and Society · Computer Science 2017-03-30 Ghada AlTarawneh , Simon Thorne

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

Spreadsheets in financial markets are frequently used as database, calculator and reporting application combined. This paper describes an alternative approach in which spreadsheet design and database technology have been brought together in…

Software Engineering · Computer Science 2008-03-10 Brian Sentence

Multi-access edge computing (MEC) is an emerging paradigm that pushes resources for sensing, communications, computing, storage and intelligence (SCCSI) to the premises closer to the end users, i.e., the edge, so that they could leverage…

Networking and Internet Architecture · Computer Science 2022-04-19 Yiqin Deng , Xianhao Chen , Guangyu Zhu , Yuguang Fang , Zhigang Chen , Xiaoheng Deng

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

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

Thanks to the enormous flexibility they provide, spreadsheets are considered a priceless blessing by many end-users. Many spreadsheets, however, contain errors which can lead to severe consequences in some cases. To manage these risks,…

Software Engineering · Computer Science 2011-11-30 Daniel Kulesz

We present Risk Integrated's Enterprise Spreadsheet Platform (ESP), a technical approach to the near-elimination of spreadsheet risk in the enterprise computing environment, whilst maintaining the full flexibility of spreadsheets for…

Software Engineering · Computer Science 2008-03-13 Yusuf Jafry , Fredrika Sidoroff , Roger Chi

Cyber security has become an issue of national concern in the UK, USA and many other countries worldwide. Universities have reacted to this by launching numerous cyber security degree programmes. In this paper we explore the structure of…

Computers and Society · Computer Science 2022-12-14 Lallie Harjinder , Sinclair Jane , Joy Mike , Janicke Helge , Price Blaine , Howley Richard

Spreadsheets are used extensively within today's organisations. Although spreadsheets have many benefits, they can also present a significant risk exposure, requiring appropriate management. Protiviti has worked with a number of…

Software Engineering · Computer Science 2010-09-09 Thomas Lemon , Ewen Ferguson

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
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