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

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

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

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

Errors in spreadsheets are as ubiquitous as spreadsheets themselves.

Spreadsheets contain errors at an alarmingly high rate.

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

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

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

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

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

Spreadsheets are extraordinarily and unacceptably prone to error.

The results given by spreadsheets are often just wrong.

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

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

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

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

It is irrational to expect large error-free spreadsheets.

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

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

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

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

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

Spreadsheets are alarmingly error-prone to write.

Spreadsheets are easy to use and very hard to check.

Most large spreadsheets have dozens or even hundreds of errors.

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

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

Untested spreadsheets are riddled with errors.

Never assume a spreadsheet is right, even your own.

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

Spreadsheet errors have resulted in huge financial losses.

Spreadsheets are dangerous to their authors and others.

Your spreadsheets may be disasters in the making.

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

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

Spreadsheet errors are pervasive, stubborn, ubiquitous and complex.

Spreadsheets are commonly used and commonly flawed.

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

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

A significant proportion of spreadsheets have severe quality problems.

Programmers exhibit unwarranted confidence in the correctness of their spreadsheets.

Spreadsheets are more fault-prone than other software.

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

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

Spreadsheets are notoriously error-prone.

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

Spreadsheet errors are still the rule rather than the exception.

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

Spreadsheets have a notoriously high number of faults.