Murphy (2007)60% of large companies feel 'Spreadsheet Hell' describes their reliance on spreadsheets.
Powell, Baker, & Lawson (2009)1% of all formulas in operational spreadsheets are in error.
Hermans & van der Storm (2015)Spreadsheets are the most popular live programming environments, but they are also notoriously fault-prone.
Beaman, et al (2005)Errors in spreadsheets... result in incorrect decisions being made and significant losses incurred.
Panko (2014)Despite overwhelming and unanimous evidence... companies have continued to ignore spreadsheet error risks.
Panko (2007)The issue is not whether there is an error but how many errors there are and how serious they are.
Teo & Tan (1999)Most executives do not really check or verify the accuracy or validity of [their] spreadsheets...
Chadwick (2002)Spreadsheet errors... a great, often unrecognised, risk to corporate decision making & financial integrity.
Krishna, et al (2001)Programmers exhibit unwarranted confidence in the correctness of their spreadsheets.
Ayalew (2007)A significant proportion of spreadsheets have severe quality problems.
Nixon & O'Hara (2010)Spreadsheet errors are still the rule rather than the exception.
Abreu, et al (2015)Despite being staggeringly error prone, spreadsheets are a highly flexible programming environment.
Caulkins, Morrison, & Weidemann (2008)Spreadsheets are commonly used and commonly flawed.
Ross (1996)A lot of decisions are being made on the basis of some bad numbers.
Panko (2008)94% of the 88 spreadsheets audited in 7 studies have contained errors.
Kruck & Sheetz (2001)...few incidents of spreadsheet errors are made public and these are usually not revealed by choice.
Howard (2005)Spreadsheets... pose a greater threat to your business than almost anything you can imagine.
Price (2006)The untested spreadsheet is as dangerous and untrustworthy as an untested program.
Panko & Ordway (2005)Most large spreadsheets have dozens or even hundreds of errors.
Sajaniemi (1998)The results given by spreadsheets are often just wrong.
Reschenhofer & Matthes (2015)Spreadsheet shortcomings can significantly hamper an organization's business operation.
Bishop & McDaid (2007)The quality and reliability of spreadsheets is known to be poor.
Miller (2005)Untested spreadsheets are riddled with errors.
Raffensperger (2001)Never assume a spreadsheet is right, even your own.
Mireault & Gresham (2015)Spreadsheets are often hard, if not impossible, to understand.
Burnett & Myers (2014)The software that end users are creating... is riddled with errors.
Chen & Chan (2000)Spreadsheets are easy to use and very hard to check.
Caulkins, Morrison, & Weidemann (2006)Your spreadsheets may be disasters in the making.
Durusau & Hunting (2015)Spreadsheets are dangerous to their authors and others.
Rust, et al (2006)Spreadsheets have a notoriously high number of faults.
Galletta, et al (1993)Even obvious, elementary errors in very simple, clearly documented spreadsheets are... difficult to find.
Panko & Halverson (1996)Every study that has looked for errors has found them... in considerable abundance.
Caulkins, Morrison, & Weidemann (2006)People tend to believe their spreadsheets are more accurate than they really are.
Sakal, et al (2015)Overconfidence is one of the most substantial causes of spreadsheet errors.
Csernoch & Biro (2013)Studies have shown that there is a high incidence of errors in spreadsheets.
Abraham & Erwig (2007)Spreadsheet errors have resulted in huge financial losses.
Panko (2015)Research on spreadsheet errors is substantial, compelling, and unanimous.
Cunha, et al (2011)Spreadsheets are notoriously error-prone.
Abraham, et al (2005)Spreadsheets contain errors at an alarmingly high rate.
Mireault (2015)Developing an error-free spreadsheet has been a problem since the beginning of end-user computing.
Irons (2003)Spreadsheet errors are pervasive, stubborn, ubiquitous and complex.
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.
Paine (2001)Spreadsheets are alarmingly error-prone to write.
Abreu, et al (2015)Spreadsheets can be viewed as a highly flexible programming environment for end users.
Panko (2013)It is irrational to expect large error-free spreadsheets.
Bock (2016)Spreadsheet development must embrace extensive testing in order to be taken seriously as a profession.
Dunn (2010)Spreadsheets are extraordinarily and unacceptably prone to error.
Colbenz (2005)Errors in spreadsheets are as ubiquitous as spreadsheets themselves.
Panko (1999)Every study, without exception, has found error rates much higher than organizations would wish to tolerate.