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Daily Archives: 16-March-2015
Dimensional Analysis and Accounting
It has been reported that 90% of spreadsheets have serious errors (source). These errors occasionally are large enough that they have international implications (e.g. London Whale). In my small part of the world, one small company I worked at had an error in a cost estimation spreadsheet that cost it hundreds thousands of dollars on one contract. This caused that company great hardship. Continue reading
Posted in Financial Comments Off on Dimensional Analysis and Accounting