Consider these shocking stories on how a simple Excel error can cause you sleepless nights:
- A cut and paste error cost TransAlta $24 mil when it underbid an electricity supply contract.
- A missing minus sign caused Fidelity Magellan Fund to overstate projected earnings by $2.6 bil and miss a promised dividend.
- Falsely linked spreadsheets permitted fraud totalling $700 mil at Allied Irish Bank.
We tend to use Excel spreadsheets like pieces of paper without care and consideration. I’m willing to bet that many of our most important Excel spreadsheets have material errors.
About Aeternus Consulting
Related Link: Aeternus Consulting Excel Training Courses Singapore
Aeternus Consulting offers an excellent workshop Robust Spreadsheets with Checks and Controls. This workshop aims to impart actionable techniques to develop robust spreadsheets, prevent operation errors and audit spreadsheets with powerful formula auditing methods.
Related Link: Robust Spreadsheets with Checks and Controls
