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