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