Their simplicity, and the ease in sharing and freely modifying files, are the primary advantages of spreadsheets. These advantages also can pose the greatest risks. Because spreadsheets are stand-alone files, they are most often devoid of systemwide controls. A Risk Intelligent approach to the management of spreadsheets can substantially mitigate both human and electronic systemic and application flaws.

Based on a recent Dbriefs for Financial Executives Webcast, the new white paper “Spreadsheet Management: Not What You Figured” addresses how an effective spreadsheet controls process can have a direct impact on financial reporting and compliance.

To view the entire paper, download the document below.

Related Content:
Webcast: Spreadsheets: Balancing Convenience and Risk   
Article: Improving Spreadsheets Audits in Six Steps 
Podcast:  Balancing Act: A Risk Management Solution for Spreadsheets