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