Businesses impacted by Sarbanes-Oxley and other regulatory compliance requirements are under pressure to prove that errors are not occurring in business-critical spreadsheets. Sarbanes-Oxley projects only touch the tip of the iceberg as these projects only focus on financial reporting risk. The operational risk can be far more significant.
A simple search of your network may surprise you as it will reveal thousands, if not millions, of spreadsheets in use. Do you know who manages these spreadsheets or what these are used for?
Spreadsheet Audit Work Program
Policies & Procedures