Issue No.05 - September/October (2009 vol.26)
Kevin McDaid , Dundalk Institute of Technology, Ireland
Alan Rust , Dundalk Institute of Technology, Ireland
DOI Bookmark: http://doi.ieeecomputersociety.org/10.1109/MS.2009.143
Spreadsheet technology is central to the functioning of the financial sector, but professionally created spreadsheets have a high level of error, which highlights the need for innovative supporting processes and tools. The current global financial crisis will likely accelerate this need because anticipated regulation will require novel, innovative risk management methods and technologies that cover development, risk assessment, review, and other spreadsheet activities. These methods will need to be easy to understand and use and will have to serve multiple stakeholders' needs. Test-driven spreadsheet development (TDSD) is one such method. TDSD provides an ideal fit with existing market-leading spreadsheet management processes and can assist managers and auditors in the assessment and control of spreadsheet risk.
end-user software engineering, spreadsheets, office automation, information technology and systems applications, IT and systems, testing and debugging, software engineering
Kevin McDaid, Alan Rust, "Test-Driven Development for Spreadsheet Risk Management", IEEE Software, vol.26, no. 5, pp. 31-36, September/October 2009, doi:10.1109/MS.2009.143