## Avoid spreadsheet errors

Spreadsheets can grow large 11 About 500 worksheets formulae on an average An average professional spends 2 days a week working on spreadsheets 61% Of the American workforce uses spreadsheets 85% 50% Use spreadsheets for budgeting and forecasting Of all financial decisions are based on spreadsheets 3 of 1000 formulae have missing values 90% 5.2% 54% Of all spreadsheets Even experienced users have a hard time finding errors succeeding in only finding 54% on average Is the average cell contain errors error rate (ratio of cells with error to all cells with formulae) Six error types and their frequencies: Hard-coding Reference Logic Copy/Paste Data Input Omission 11% 48.8% 31.7% 5% 2.5% 1% Incorrect use of formula leading to incorrect result A formula is Unreferenced numeric values Formulae with wrong due to inaccurate use of copy/paste A formula is wrong because one or moгe of its input cells is blank An incorrect data input is used incorrect references There is an alternative valuation App To simplify your analysis! www.appbackr.com/app/Valuation-App APP AND IMFOGRAPHIC CREATED BY SOHIM SHAH Spreadsheets can grow large 11 About 500 worksheets formulae on an average An average professional spends 2 days a week working on spreadsheets 61% Of the American workforce uses spreadsheets 85% 50% Use spreadsheets for budgeting and forecasting Of all financial decisions are based on spreadsheets 3 of 1000 formulae have missing values 90% 5.2% 54% Of all spreadsheets Even experienced users have a hard time finding errors succeeding in only finding 54% on average Is the average cell contain errors error rate (ratio of cells with error to all cells with formulae) Six error types and their frequencies: Hard-coding Reference Logic Copy/Paste Data Input Omission 11% 48.8% 31.7% 5% 2.5% 1% Incorrect use of formula leading to incorrect result A formula is Unreferenced numeric values Formulae with wrong due to inaccurate use of copy/paste A formula is wrong because one or moгe of its input cells is blank An incorrect data input is used incorrect references There is an alternative valuation App To simplify your analysis! www.appbackr.com/app/Valuation-App APP AND IMFOGRAPHIC CREATED BY SOHIM SHAH Spreadsheets can grow large 11 About 500 worksheets formulae on an average An average professional spends 2 days a week working on spreadsheets 61% Of the American workforce uses spreadsheets 85% 50% Use spreadsheets for budgeting and forecasting Of all financial decisions are based on spreadsheets 3 of 1000 formulae have missing values 90% 5.2% 54% Of all spreadsheets Even experienced users have a hard time finding errors succeeding in only finding 54% on average Is the average cell contain errors error rate (ratio of cells with error to all cells with formulae) Six error types and their frequencies: Hard-coding Reference Logic Copy/Paste Data Input Omission 11% 48.8% 31.7% 5% 2.5% 1% Incorrect use of formula leading to incorrect result A formula is Unreferenced numeric values Formulae with wrong due to inaccurate use of copy/paste A formula is wrong because one or moгe of its input cells is blank An incorrect data input is used incorrect references There is an alternative valuation App To simplify your analysis! www.appbackr.com/app/Valuation-App APP AND IMFOGRAPHIC CREATED BY SOHIM SHAH Spreadsheets can grow large 11 About 500 worksheets formulae on an average An average professional spends 2 days a week working on spreadsheets 61% Of the American workforce uses spreadsheets 85% 50% Use spreadsheets for budgeting and forecasting Of all financial decisions are based on spreadsheets 3 of 1000 formulae have missing values 90% 5.2% 54% Of all spreadsheets Even experienced users have a hard time finding errors succeeding in only finding 54% on average Is the average cell contain errors error rate (ratio of cells with error to all cells with formulae) Six error types and their frequencies: Hard-coding Reference Logic Copy/Paste Data Input Omission 11% 48.8% 31.7% 5% 2.5% 1% Incorrect use of formula leading to incorrect result A formula is Unreferenced numeric values Formulae with wrong due to inaccurate use of copy/paste A formula is wrong because one or moгe of its input cells is blank An incorrect data input is used incorrect references There is an alternative valuation App To simplify your analysis! www.appbackr.com/app/Valuation-App APP AND IMFOGRAPHIC CREATED BY SOHIM SHAH Spreadsheets can grow large 11 About 500 worksheets formulae on an average An average professional spends 2 days a week working on spreadsheets 61% Of the American workforce uses spreadsheets 85% 50% Use spreadsheets for budgeting and forecasting Of all financial decisions are based on spreadsheets 3 of 1000 formulae have missing values 90% 5.2% 54% Of all spreadsheets Even experienced users have a hard time finding errors succeeding in only finding 54% on average Is the average cell contain errors error rate (ratio of cells with error to all cells with formulae) Six error types and their frequencies: Hard-coding Reference Logic Copy/Paste Data Input Omission 11% 48.8% 31.7% 5% 2.5% 1% Incorrect use of formula leading to incorrect result A formula is Unreferenced numeric values Formulae with wrong due to inaccurate use of copy/paste A formula is wrong because one or moгe of its input cells is blank An incorrect data input is used incorrect references There is an alternative valuation App To simplify your analysis! www.appbackr.com/app/Valuation-App APP AND IMFOGRAPHIC CREATED BY SOHIM SHAH

# Avoid spreadsheet errors

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