Ferret out spreadsheet errors: use Excel's tools to uncover and correct formula problems.
Journal of Accountancy › Vol. 197 Nbr. 2, February 2004
Linked as:
Journal of Accountancy › Vol. 197 Nbr. 2, February 2004
Linked as:Extract
Ferret out spreadsheet errors: use Excel's tools to uncover and correct formula problems.
Most spreadsheets are complicated files--not only because they contain a multitude of formulas and data, but because all the formulas are intricately linked to data distributed in various parts of the worksheet. As a result, even one small error--a transposed digit or an incorrect formula--can turn an entire spreadsheet into a useless jumble of numbers.
BUILDING AUDIT MODULES There are several ways to prevent and uncover spreadsheet errors. One of the best is to embed self-checking tool sets, or modules, directly in worksheets--in effect, making them self-auditing. This is especially important in spreadsheet templates because any errors they contain are reproduced in each subsequent copy of the template. But because ...See the full content of this document
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