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