08-10 Contents: See no risk, Euro
Slovakia, Bleak Vista, Recession, What do you look for
1649-2374 This issue online at http://www.sysmod.com/praxis/prax0810.htm
Modelling Ltd.: Managing reality in
Information Systems - strategies for success
IN THIS ISSUE
See no risk...
Euro conversion in Slovakia Jan 2009
Auditors: What do you look for first
US Presidential Candidates and
|7 Web links in this newsletter
|About this newsletter and Archives
Subscribe and Unsubscribe information
Welcome to PraxIS
The focus on risk today is on the financial markets. Still,
these desperate decisions are being taken not just with political
intent but based on models of the economy; so I hope these are not just
double-checked but quadruple-checked at every stage from requirements
specification, building, and testing.
1) IT Risk
See no risk...
"The people who ran the financial firms chose to program their
risk-management systems with overly optimistic assumptions and to feed
them oversimplified data. ... Wall Street executives had lots of
incentives to make sure their risk systems didnít see much risk. "
Euro conversion in Slovakia Jan 2009
"Slovaks struggle to get to grips with euro prices"
The government has pushed through a law threatening fines of up
to 166,000 euros and the blacklisting of those who take
advantage of the currency switch to push up prices unjustifiably. The
average Slovak monthly wage last year was just over 660 euro.
I hope their converters are correct. I saved one administration from
approving a calculator that gave incorrect answers because of my
knowledge of boundary cases in software testing.
No, not the economy this time but the current target of WTF expressions
from users of Windows Vista. Back in December 2006 security researcher
Peter Gutmann detailed
how Vista is intentionally crippled by DRM, to protect "premium
I (re-)discovered that last weekend when I tried to burn some MIDI
files to CD. In XP with iTunes 2005, that was simple. From version 6 on
they removed that feature so I stuck to iTunes 5. Now using Vista, I
could not installed that MSI package - it displays an error message
that I should run setup.exe directly. But there is no
setup.exe in that package, as revealed by Less
MSIťrables (a tool to extract the contents of an .msi file)
I tried the msiexec command to extract the files to a temporary folder,
but it foiled that saying that I need ISSsetup.exe. I tried three
versions of that before giving up.
So, I thought, I'll simply play the files in Windows Media Player, and
record them in Audacity, save as WAV or MP3 and burn them. No,Vista
does not present the Wave In device to Audacity. Clicking "Enabling
disabled devices" in the Sound driver does not reveal it or "Stereo
mix". Dell support tells me that the Sigmatel card only allows
recording from the microphone - of course, Dell did not
disclose that limitation at the time of purchase. In fact, there is
evidence that that statement is fudge:
There are various workarounds posted including registry hacks
and installing drivers from XP or another PC, but I'll postpone trying
them. It looks like I'll have to do the old analog workaround of
playing on one PC and recording on another via a phono cable. What a
folded in July. What a pity, I really liked the products. I
knew ExChecker before they bought it, and was impressed by Byron
Baynham's work. I met Libby Koehn and liked the AI approach to
identifying risk elements in an inventory of spreadsheets. Still, these
people are now not just clever, but more experienced, so expect to see
more of their work emerging later. In fact, I see http://www.excelauditor.com
is now up!
Auditors, what do you look for first?
Simon Murphy asks "Whats the very first thing you look at/for when you
open a workbook from someone else? " and Harlan Grove posts some good
observations on good and bad smells, some of which are catered for by
my upcoming XLTest
Spreadsheet Check and Control: 47 best practices to detect
and prevent errors
Our offer - free shipping to EU .
Simply send your comments to FEEDBACK (at) SYSMOD (dot) COM
Thank you! Patrick O'Beirne,
This is the only link I can find between spreadsheet research and a
Presidential Candidate. McCain questioned in 2004 whether it was wise
to fund the OSU research project:
January 22, 2004
Statement of Senator John McCain On The FY '04 Omnibus
"I also am concerned about funding for the Scientific and Technical
Research and Services account the National Institute of Standards and
Technology. [...] I would ask my colleagues to ask themselves if it is
more important to fund a spreadsheet engineering initiative at
Dartmouth University, or research to help our beleaguered manufacturing
sector. [...]In the long run, it will be considered a great tragedy
that we have wasted our nation's scientific potential on meaningless
parochial projects. "
Copyright (c) Systems Modelling Limited,
. Reproduction allowed provided this copyright notice is included.
We appreciate any feedback or suggestions for improvement. If you have
received this newsletter from anybody else, we urge you to sign up for
your personal copy by sending a blank email to EuroIS-subscribe
(at) yahoogroups (dot) com
For those who would like to do more than receive the monthly
newsletter, the EuroIS list makes it easy for you to discuss issues
raised, to share experiences with the rest of the group, and to
contribute files to a common user community pool independent of the
sysmod.com web site. I moderate posts to the EuroIS list, to screen out
Patrick O'Beirne, Editor
ABOUT THIS NEWSLETTER
"Praxis" means model or example, from the Greek verb "to do". The name
is chosen to reflect our focus on practical solutions to IS problems,
avoiding hype. If you like acronyms, think of it as "Patrick's reports
and analysis across Information Systems".
Please tell a friend about this newsletter.
We especially appreciate a link to www.sysmod.com from your web site!
To read previous issues of this newsletter please visit our web site at
This newsletter is prepared in good faith and the information has been
taken from observation and other sources believed to be reliable.
Systems Modelling Ltd. (SML) does not represent expressly or by
implication the accuracy, truthfulness or reliability of any
information provided. It is a condition of use that users accept that
SML has no liability for any errors, inaccuracies or omissions. The
information is not intended to constitute legal or professional advice.
You should consult a professional at Systems Modelling Ltd. directly
for advice that is specifically tailored to your particular
We guarantee not to sell, trade or give your e-mail address to anyone.
To subscribe to this Newsletter send an email to
EuroIS-subscribe (at) yahoogroups (dot) com
To unsubscribe from this Newsletter send an email to
EuroIS-unsubscribe (at) yahoogroups (dot) com
EuroIS is the distribution list server of the PraxIS newsletter. It
also offers a moderated discussion list for readers and a free shared
storage area for user-contributed files. The archives of this group are
on YahooGroups website