This article walks you through different methods and built-in tools that can be used to audit and debug Excel spreadsheets.
60% of large companies feel 'Spreadsheet Hell' describes their reliance on spreadsheets either completely or fairly well.
Only a quarter of survey participants were satisfied with their spreadsheet testing. Their techniques are largely manual and lack formalism.
Once information is loaded into a spreadsheet, it acquires properties that it may not deserve – a process called reification.
95% of all spreadsheets contain errors. So, it is almost certain that your spreadsheets are wrong.
See our bibliography of spreadsheet best practice, risk management, errors and testing, and methods for improving spreadsheets.
We are conscious of very few of our errors. When people are confronted with their actual error rates, they are typically shocked.
Overconfidence is one of the main causes of spreadsheet errors. Being informed about overconfidence leads to more accurate spreadsheets.
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