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

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

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

Spreadsheet shortcomings can significantly hamper an organization's business operation.

Despite being staggeringly error prone, spreadsheets are a highly flexible programming environment.

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

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

Spreadsheets are often hard, if not impossible, to understand.

Your spreadsheets may be disasters in the making.

Spreadsheets are commonly used and commonly flawed.

Errors in spreadsheets are as ubiquitous as spreadsheets themselves.

Spreadsheets can be viewed as a highly flexible programming environment for end users.

Most large spreadsheets have dozens or even hundreds of errors.

The software that end users are creating... is riddled with errors.

The results given by spreadsheets are often just wrong.

Studies have shown that there is a high incidence of errors in spreadsheets.

Developing an error-free spreadsheet has been a problem since the beginning of end-user computing.

Untested spreadsheets are riddled with errors.

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

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.

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

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

Spreadsheet errors are still the rule rather than the exception.

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

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

It is irrational to expect large error-free spreadsheets.

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

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

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

Spreadsheet errors are pervasive, stubborn, ubiquitous and complex.

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

Never assume a spreadsheet is right, even your own.

Spreadsheets have a notoriously high number of faults.

Spreadsheets are the most popular live programming environments, but they are also notoriously fault-prone.

Spreadsheets are dangerous to their authors and others.

Spreadsheet errors have resulted in huge financial losses.

Spreadsheets are alarmingly error-prone to write.

Spreadsheets are notoriously error-prone.

Overconfidence is one of the most substantial causes of spreadsheet errors.

Despite overwhelming and unanimous evidence... companies have continued to ignore spreadsheet error risks.

Spreadsheets are more fault-prone than other software.

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

Spreadsheets are easy to use and very hard to check.

Research on spreadsheet errors is substantial, compelling, and unanimous.

Spreadsheets are extraordinarily and unacceptably prone to error.

Spreadsheet development must embrace extensive testing in order to be taken seriously as a profession.

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

Programmers exhibit unwarranted confidence in the correctness of their spreadsheets.

Spreadsheets contain errors at an alarmingly high rate.