ERRORS IN SPREADSHEET MODELLING CAN BE EXPENSIVE AND CAN DAMAGE REPUTATIONS.
It has been reported that 88% of spreadsheets have some sort of error in them and that approximately 50% of financial models in use operationally in large businesses have material defects.
We have compiled our list of the top 12 financial modelling horror stories and spreadsheet errors of the last 25 years.
Once you’ve read the list you might want to consider for a minute what is preventing your business, or one of your clients, from becoming a future entry. To bring your blood pressure down again, we suggest some preventions and cures to these modelling nightmares and spreadsheet problems.