Spreadsheets can seriously damage your wealth!

The humble spreadsheet is responsible for more bad business decisions than humans. Spreadsheets regularly wipe off 15% to 20% of companies’ share value. And sometimes wipe-out smaller companies completely. EASA today announces a simple effective solution. Oxford UK 5 July 2010 – Horror stories in the press about companies having $billions wiped off their share value due to mis-reported financial results are becoming a lot more common. In many of these cases it turns out that somewhere in the production of these figures a faulty spreadsheet is the culprit. In fact, research … [Read more...]