PricewaterhouseCoopers recently published an overview of their service offering for a Spreadsheet Integrity Review to help organizations assess spreadsheet risk and “…develop a long-term strategy to effect timely, accurate, and flexible reporting.” The overview asserts that spreadsheets are integral to an organization’s information and decision-making framework, yet they are often developed and supported in uncontrolled environments. This lack of control can lead to a variety of errors, including input errors, logic errors, interface errors, and others including incorrect cell references and broken or incorrect links.
The promotion of this service offering by PwC suggests the firm is continuing their focus in helping organizations mitigate Spreadsheet and End-user Computing Risk. It is also consistent with recent guidance from the Institute of Internal Auditors (IIA) in GTAG-14, recommending all organizations consider formal programs to audit and control mission critical spreadsheets and EUCs.
You can read the full overview here on PwC’s web site.
Eric Perry
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