Most of the regulatory compliance issues we talked about concerning spreadsheets have been related to financial data. But there are other kinds of data that are stored in spreadsheets which may [...]
To prevent another round of million dollar scandals due to fraudulent manipulations on spreadsheets, regulatory bodies have launched major offensives against these well-loved User Developed [...]
It doesn’t take a genius to understand why spreadsheet reporting still pervades the enterprise despite the rise of a complex but highly effective IT solution known to big shot CIOs as Business [...]
Applying Benford’s Law on large collections of data is an effective way of detecting fraud. In this article, we’ll introduce you to Benford’s Law, talk about how auditors are employing it in [...]
When it’s time to consolidate Excel data, I won’t be surprised if you wished there was an easy way.
These days, crucial business decisions have to be made in a split second. However, the quality of these decisions hinges quite often on timely, insightful information and relevant business reporting.
Like it or not, regulations are here to stay and for a company to comply with them, its IT and financial systems will have to be equipped with a suitable control framework. One common stumbling [...]
Spreadsheets used to be ideal ad-hoc solutions for data processing and financial reporting. But that was before companies had to comply with regulations like SOX, Dodd-Frank, and others.
The problems and limitations of spreadsheet-based systems are well documented. That’s why we at Denizon have come up with ways to give you freedom from these UDAs (User Developed Applications).
Solvency II is now fast approaching and while it may provide added protection to policy holders, its impact on the insurance industry is not all a bed of roses. Expect insurance companies to [...]