Spreadsheet Controls

Under Solvency, spreadsheets could prove to be especially useful in providing cost-effective and relatively easy to use solutions in areas such as data collation, data transformation and the analysis supporting expert judgements.  However, spreadsheets ease of use can also lead to an inevitable risk of mistakes and making errors harder to detect.  In this article, PwC explains the processes and benefits of using a systematic and strategic approach to managing and mitigating speadsheet risk.