If you are a commercial lender you are responsible for evaluating a company’s financial position to determine the risk factor in loaning money, as well as the amount of money to loan.

But this question goes even beyond the reliability of data, which may be partially dependent upon the computer system it is housed within and reported from.

Incorrect decisions based on faulty data are still likely your ultimate responsibility. You must perform as much due diligence as possible to ensure the information you are provided is correct.