A New Dimension in Risk: Spreadsheet Risk

by SAS, 22 August 2011

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topics:
Business Intelligence Technology

tags:
control data management financial reporting SAS

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Unlike any other software tool, spreadsheet programs have found their way into everyday reporting and quick calculations. Because of this popularity, there is frequent talk of overuse and even serious risks posed by spreadsheets. However, spreadsheets are insufficient for regulatory reporting and risk management.

This SAS paper explains the risks posed by spreadsheet reliance, proposes the optimum use for spreadsheets as part of an integrated data framework and discusses the role of SAS Business Intelligence software as a risk management solution.

Requirements for Risk Control:

Overview
Strategy and Organization
Risk Management and Control
Immediate Reporting Requirements
Organizational Equipment

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SAS

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