Comments on: The Spreadsheet Error that Hid a Lemon http://blogs.gartner.com/french_caldwell/2008/10/20/the-spreadsheet-error-that-hid-a-lemon/ A member of the Gartner Blog Network Wed, 18 Nov 2009 19:43:20 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: K K Tang http://blogs.gartner.com/french_caldwell/2008/10/20/the-spreadsheet-error-that-hid-a-lemon/comment-page-1/#comment-6 K K Tang Thu, 23 Oct 2008 15:15:42 +0000 http://blogs.gartner.com/french_caldwell/?p=9#comment-6 I am just amazed that many companies would employ staff to use spreadsheets without providing them with adequate training. Would any company employ a Financial Controller who has not undergone the rigors of the ACA qualification. Surley not, you say. Then why do we allow staff to use the spreadsheet without ensuring that they are adequately trained. Many accountants have undegone formal training to create reliable and impactful spreadsheets. Imagine resolving the yearly budgetting process in just one meeting with an instataneous what-if budget model For other amazing examples go to http://www.icpas.org.sg/bizexcel/bizexcel_testimonials.asp For Chartered Accountants in the UK wishing to produce monthly reports with just 3 clicks of the mouse, go to http://www.icaew.com/index.cfm/route/160544/icaew_ga/en/Technical_Business_Topics/Faculties/Events/Business_analytics_and_reporting I would be happy to e-mail them an example of automated reporting and interactive Financial Reporting. Send request to kktang@icpas.com.sg In fact, Dennis, you should contact Paul Booth for a sample of the amazing Excel files and you would be the biggest evangelist of Spreadsheet I am just amazed that many companies would employ staff to use spreadsheets without providing them with adequate training. Would any company employ a Financial Controller who has not undergone the rigors of the ACA qualification. Surley not, you say. Then why do we allow staff to use the spreadsheet without ensuring that they are adequately trained. Many accountants have undegone formal training to create reliable and impactful spreadsheets. Imagine resolving the yearly budgetting process in just one meeting with an instataneous what-if budget model For other amazing examples go to http://www.icpas.org.sg/bizexcel/bizexcel_testimonials.asp

For Chartered Accountants in the UK wishing to produce monthly reports with just 3 clicks of the mouse, go to http://www.icaew.com/index.cfm/route/160544/icaew_ga/en/Technical_Business_Topics/Faculties/Events/Business_analytics_and_reporting

I would be happy to e-mail them an example of automated reporting and interactive Financial Reporting. Send request to kktang@icpas.com.sg

In fact, Dennis, you should contact Paul Booth for a sample of the amazing Excel files and you would be the biggest evangelist of Spreadsheet

]]> By: Dennis Howlett http://blogs.gartner.com/french_caldwell/2008/10/20/the-spreadsheet-error-that-hid-a-lemon/comment-page-1/#comment-4 Dennis Howlett Wed, 22 Oct 2008 15:01:20 +0000 http://blogs.gartner.com/french_caldwell/?p=9#comment-4 I don't know how many years I have been railing against the spreadsheet but this is yet one more example where error costs dearly. On the basis of past cases, I'd be surprised if the court holds in Barclays' favor - caveat emptor anyone? I don’t know how many years I have been railing against the spreadsheet but this is yet one more example where error costs dearly.

On the basis of past cases, I’d be surprised if the court holds in Barclays’ favor – caveat emptor anyone?

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