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

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

Programmers exhibit unwarranted confidence in the correctness of their spreadsheets.

Spreadsheets are notoriously error-prone.

Spreadsheets are more fault-prone than other software.

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

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

Spreadsheet errors have resulted in huge financial losses.

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

Spreadsheets are extraordinarily and unacceptably prone to error.

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

Spreadsheets have a notoriously high number of faults.

Spreadsheets are easy to use and very hard to check.

Spreadsheets are dangerous to their authors and others.

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

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

Errors in spreadsheets are as ubiquitous as spreadsheets themselves.

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.

Spreadsheets contain errors at an alarmingly high rate.

The results given by spreadsheets are often just wrong.

Your spreadsheets may be disasters in the making.

Untested spreadsheets are riddled with errors.

Spreadsheets are alarmingly error-prone to write.

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

...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.

Spreadsheets are commonly used and commonly flawed.

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

A significant proportion of spreadsheets have severe quality problems.

Never assume a spreadsheet is right, even your own.

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.

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

It is irrational to expect large error-free spreadsheets.

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

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

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

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

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

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

Most large spreadsheets have dozens or even hundreds of errors.

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

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

Spreadsheet errors are pervasive, stubborn, ubiquitous and complex.

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

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

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

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

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