Caulkins, Morrison, & Weidemann (2006)People tend to believe their spreadsheets are more accurate than they really are.
Powell, Baker & Lawson (2009)1% of all formulas in operational spreadsheets are in error.
Chen & Chan (2000)Spreadsheets are easy to use and very hard to check.
Panko & Halverson (1996)Every study that has looked for errors has found them... in considerable abundance.
Panko (2007)The issue is not whether there is an error but how many errors there are and how serious they are.
Abraham, et al (2005)Spreadsheets contain errors at an alarmingly high rate.
Howard (2005)Spreadsheets... pose a greater threat to your business than almost anything you can imagine.
Kruck & Sheetz (2001)...few incidents of spreadsheet errors are made public and these are usually not revealed by choice.
Price (2006)The untested spreadsheet is as dangerous and untrustworthy as an untested program.
Ross (1996)A lot of decisions are being made on the basis of some bad numbers.
Panko & Ordway (2005)Most large spreadsheets have dozens or even hundreds of errors.
Murphy (2007)60% of large companies feel 'Spreadsheet Hell' describes their reliance on spreadsheets.
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.
Caulkins, Morrison & Weidemann (2008)Spreadsheets are commonly used and commonly flawed.
Galletta, et al (1993)Even obvious, elementary errors in very simple, clearly documented spreadsheets are... difficult to find.
Kulesz & Ostberg (2013)Spreadsheets are more fault-prone than other software.
Nixon & O'Hara (2010)It is now widely accepted that errors in spreadsheets are both common and potentially dangerous.
Caulkins, Morrison, & Weidemann (2006)Your spreadsheets may be disasters in the making.
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.
Nixon & O'Hara (2010)Spreadsheet errors are still the rule rather than the exception.
Irons (2003)Spreadsheet errors are pervasive, stubborn, ubiquitous and complex.
Burnett & Myers (2014)The software that end users are creating... is riddled with errors.
Paine (2001)Spreadsheets are alarmingly error-prone to write.
Miller (2005)Untested spreadsheets are riddled with errors.
Raffensperger (2001)Never assume a spreadsheet is right, even your own.
Ayalew (2007)A significant proportion of spreadsheets have severe quality problems.
Rust, et al (2006)Spreadsheets have a notoriously high number of faults.
Sajaniemi (1998)The results given by spreadsheets are often just wrong.
Krishna, et al (2001)Programmers exhibit unwarranted confidence in the correctness of their spreadsheets.
Teo & Tan (1999)Most executives do not really check or verify the accuracy or validity of [their] spreadsheets...
Abraham & Erwig (2007)Spreadsheet errors have resulted in huge financial losses.
Panko (2008)94% of the 88 spreadsheets audited in 7 studies have contained errors.
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.
Dunn (2010)Spreadsheets are extraordinarily and unacceptably prone to error.
Cunha, et al (2011)Spreadsheets are notoriously error-prone.
Bishop & McDaid (2007)The quality and reliability of spreadsheets is known to be poor.
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.
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