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