60% of large companies feel 'Spreadsheet Hell' describes their reliance on spreadsheets.
Murphy (2007)
1% of all formulas in operational spreadsheets are in error.
Powell, Baker & Lawson (2009)
Research on spreadsheet errors is substantial, compelling, and unanimous.
Panko (2015)
It is irrational to expect large error-free spreadsheets.
Panko (2013)
Spreadsheets contain errors at an alarmingly high rate.
Abraham, et al (2005)
Despite overwhelming and unanimous evidence... companies have continued to ignore spreadsheet error risks.
Panko (2014)
Most large spreadsheets have dozens or even hundreds of errors.
Panko & Ordway (2005)
Spreadsheets... pose a greater threat to your business than almost anything you can imagine.
Howard (2005)
Spreadsheets are commonly used and commonly flawed.
Caulkins, Morrison & Weidemann (2008)
Every study, without exception, has found error rates much higher than organizations would wish to tolerate.
Panko (1999)
Never assume a spreadsheet is right, even your own.
Raffensperger (2001)
Spreadsheet errors have resulted in huge financial losses.
Abraham & Erwig (2007)
Spreadsheet errors... a great, often unrecognised, risk to corporate decision making & financial integrity.
Chadwick (2002)
Spreadsheet errors are pervasive, stubborn, ubiquitous and complex.
Irons (2003)
A lot of decisions are being made on the basis of some bad numbers.
Ross (1996)
Errors in spreadsheets... result in incorrect decisions being made and significant losses incurred.
Beaman, et al (2005)
Most executives do not really check or verify the accuracy or validity of [their] spreadsheets...
Teo & Tan (1999)
Spreadsheets are more fault-prone than other software.
Kulesz & Ostberg (2013)
The software that end users are creating... is riddled with errors.
Burnett & Myers (2014)
Spreadsheets are extraordinarily and unacceptably prone to error.
Dunn (2010)
Your spreadsheets may be disasters in the making.
Caulkins, Morrison, & Weidemann (2006)
The untested spreadsheet is as dangerous and untrustworthy as an untested program.
Price (2006)
A significant proportion of spreadsheets have severe quality problems.
Ayalew (2007)
Spreadsheets are notoriously error-prone.
Cunha, et al (2011)
...few incidents of spreadsheet errors are made public and these are usually not revealed by choice.
Kruck & Sheetz (2001)
Spreadsheets are easy to use and very hard to check.
Chen & Chan (2000)
Untested spreadsheets are riddled with errors.
Miller (2005)
Spreadsheets have a notoriously high number of faults.
Rust, et al (2006)
94% of the 88 spreadsheets audited in 7 studies have contained errors.
Panko (2008)
Errors in spreadsheets are as ubiquitous as spreadsheets themselves.
Colbenz (2005)
It is now widely accepted that errors in spreadsheets are both common and potentially dangerous.
Nixon & O'Hara (2010)
Studies have shown that there is a high incidence of errors in spreadsheets.
Csernoch & Biro (2013)
Spreadsheet errors are still the rule rather than the exception.
Nixon & O'Hara (2010)
The quality and reliability of spreadsheets is known to be poor.
Bishop & McDaid (2007)
Programmers exhibit unwarranted confidence in the correctness of their spreadsheets.
Krishna, et al (2001)
Despite being staggeringly error prone, spreadsheets are a highly flexible programming environment.
Abreu et al (2015)
The results given by spreadsheets are often just wrong.
Sajaniemi (1998)
Even obvious, elementary errors in very simple, clearly documented spreadsheets are... difficult to find.
Galletta, et al (1993)
People tend to believe their spreadsheets are more accurate than they really are.
Caulkins, Morrison, & Weidemann (2006)
Every study that has looked for errors has found them... in considerable abundance.
Panko & Halverson (1996)
The issue is not whether there is an error but how many errors there are and how serious they are.
Panko (2007)
Developing an error-free spreadsheet has been a problem since the beginning of end-user computing.
Mireault (2015)
Spreadsheets are alarmingly error-prone to write.
Paine (2001)

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