Incorrect use of Excel's NPV function is a common source of spreadsheet errors. We show several pitfalls and ways to avoid them.
Spreadsheet errors are reduced by using good design. Our students do three assignments to acquire good spreadsheet design skills.
Every study that has looked for errors has found them in considerable numbers. Spreadsheeting's childhood is over.
Overconfidence is one of the main causes of spreadsheet errors. Being informed about overconfidence leads to more accurate spreadsheets.
Research concludes unanimously that spreadsheet errors are both common and non-trivial. We must seek ways to reduce spreadsheet errors.
Do you document your spreadsheets? We use the FizzBuzz word game to illustrate the importance of documenting your spreadsheets.
Creating a slow spreadsheet is easy. Creating an efficient spreadsheet requires more thought and application of specific techniques.
See our bibliography of spreadsheet best practice, risk management, errors and testing, and methods for improving spreadsheets.
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