Rust, et al (2006)Spreadsheets have a notoriously high number of faults.
Caulkins, Morrison, & Weidemann (2006)Your spreadsheets may be disasters in the making.
Cunha, et al (2011)Spreadsheets are notoriously error-prone.
Teo & Tan (1999)Most executives do not really check or verify the accuracy or validity of [their] spreadsheets...
Nixon & O'Hara (2010)Spreadsheet errors are still the rule rather than the exception.
Krishna, et al (2001)Programmers exhibit unwarranted confidence in the correctness of their spreadsheets.
Panko (2013)It is irrational to expect large error-free spreadsheets.
Panko (1999)Every study, without exception, has found error rates much higher than organizations would wish to tolerate.
Kruck & Sheetz (2001)...few incidents of spreadsheet errors are made public and these are usually not revealed by choice.
Panko & Halverson (1996)Every study that has looked for errors has found them... in considerable abundance.
Kulesz & Ostberg (2013)Spreadsheets are more fault-prone than other software.
Sajaniemi (1998)The results given by spreadsheets are often just wrong.
Powell, Baker & Lawson (2009)1% of all formulas in operational spreadsheets are in error.
Dunn (2010)Spreadsheets are extraordinarily and unacceptably prone to error.
Raffensperger (2001)Never assume a spreadsheet is right, even your own.
Paine (2001)Spreadsheets are alarmingly error-prone to write.
Bishop & McDaid (2007)The quality and reliability of spreadsheets is known to be poor.
Panko (2008)94% of the 88 spreadsheets audited in 7 studies have contained errors.
Abraham, et al (2005)Spreadsheets contain errors at an alarmingly high rate.
Murphy (2007)60% of large companies feel 'Spreadsheet Hell' describes their reliance on spreadsheets.
Abraham & Erwig (2007)Spreadsheet errors have resulted in huge financial losses.
Caulkins, Morrison & Weidemann (2008)Spreadsheets are commonly used and commonly flawed.
Caulkins, Morrison, & Weidemann (2006)People tend to believe their spreadsheets are more accurate than they really are.
Miller (2005)Untested spreadsheets are riddled with errors.
Howard (2005)Spreadsheets... pose a greater threat to your business than almost anything you can imagine.
Beaman, et al (2005)Errors in spreadsheets... result in incorrect decisions being made and significant losses incurred.
Colbenz (2005)Errors in spreadsheets are as ubiquitous as spreadsheets themselves.
Ross (1996)A lot of decisions are being made on the basis of some bad numbers.
Nixon & O'Hara (2010)It is now widely accepted that errors in spreadsheets are both common and potentially dangerous.
Chen & Chan (2000)Spreadsheets are easy to use and very hard to check.
Galletta, et al (1993)Even obvious, elementary errors in very simple, clearly documented spreadsheets are... difficult to find.
Burnett & Myers (2014)The software that end users are creating... is riddled with errors.
Panko & Ordway (2005)Most large spreadsheets have dozens or even hundreds of errors.
Irons (2003)Spreadsheet errors are pervasive, stubborn, ubiquitous and complex.
Ayalew (2007)A significant proportion of spreadsheets have severe quality problems.
Panko (2007)The issue is not whether there is an error but how many errors there are and how serious they are.
Csernoch & Biro (2013)Studies have shown that there is a high incidence of errors in spreadsheets.
Chadwick (2002)Spreadsheet errors... a great, often unrecognised, risk to corporate decision making & financial integrity.
Price (2006)The untested spreadsheet is as dangerous and untrustworthy as an untested program.
Spreadsheets are notoriously error-prone: research shows that 95% contain errors.
If your spreadsheets have not been verified, then you cannot trust that they produce reliable, accuracy, and robust results.
We offer an independent verification service for Microsoft Excel spreadsheets, using sophisticated testing tools applied by spreadsheet experts.
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