Spreadsheet Controls Policy

This tool contains two samples that outline policies and procedures to give guidance and ensure compliance related to financial spreadsheet controls.

In these samples, changes and updates to all critical spreadsheets are managed, controlled and documented; access to all critical spreadsheets is appropriately restricted; spreadsheets are backed up nightly to ensure that they are available whenever needed; requests for a significant change to a spreadsheet must be initiated by the data owner/department manager; evidence of approval and testing must be retained for audit trail; and all end-user computing tools will follow the department or group’s naming convention.