1% of all formulas in operational spreadsheets are in error.

Spreadsheets have a notoriously high number of faults.

Never assume a spreadsheet is right, even your own.

A significant proportion of spreadsheets have severe quality problems.

Every study, without exception, has found error rates much higher than organizations would wish to tolerate.

Spreadsheets contain errors at an alarmingly high rate.

Spreadsheets... pose a greater threat to your business than almost anything you can imagine.

60% of large companies feel 'Spreadsheet Hell' describes their reliance on spreadsheets.

Spreadsheets are extraordinarily and unacceptably prone to error.

A lot of decisions are being made on the basis of some bad numbers.

Spreadsheet errors are still the rule rather than the exception.

The results given by spreadsheets are often just wrong.

Spreadsheets are alarmingly error-prone to write.

Untested spreadsheets are riddled with errors.

People tend to believe their spreadsheets are more accurate than they really are.

Spreadsheet errors have resulted in huge financial losses.

Errors in spreadsheets are as ubiquitous as spreadsheets themselves.

Spreadsheets are commonly used and commonly flawed.

Spreadsheets are notoriously error-prone.

The quality and reliability of spreadsheets is known to be poor.

94% of the 88 spreadsheets audited in 7 studies have contained errors.

Spreadsheet errors are pervasive, stubborn, ubiquitous and complex.

It is now widely accepted that errors in spreadsheets are both common and potentially dangerous.

Most large spreadsheets have dozens or even hundreds of errors.

Your spreadsheets may be disasters in the making.

Programmers exhibit unwarranted confidence in the correctness of their spreadsheets.

Every study that has looked for errors has found them... in considerable abundance.

Errors in spreadsheets... result in incorrect decisions being made and significant losses incurred.

...few incidents of spreadsheet errors are made public and these are usually not revealed by choice.

Most executives do not really check or verify the accuracy or validity of [their] spreadsheets...

Spreadsheets are easy to use and very hard to check.

The untested spreadsheet is as dangerous and untrustworthy as an untested program.

Even obvious, elementary errors in very simple, clearly documented spreadsheets are... difficult to find.

The issue is not whether there is an error but how many errors there are and how serious they are.

Spreadsheet errors... a great, often unrecognised, risk to corporate decision making & financial integrity.