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