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

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

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

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

It is irrational to expect large error-free spreadsheets.

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

Untested spreadsheets are riddled with errors.

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

Spreadsheets are commonly used and commonly flawed.

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

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

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

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

Never assume a spreadsheet is right, even your own.

Spreadsheets are more fault-prone than other software.

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

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

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

Programmers exhibit unwarranted confidence in the correctness of their spreadsheets.

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

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

Spreadsheets are alarmingly error-prone to write.

Spreadsheets are extraordinarily and unacceptably prone to error.

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

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

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

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

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

Spreadsheets contain errors at an alarmingly high rate.

Your spreadsheets may be disasters in the making.

Spreadsheets are dangerous to their authors and others.

The results given by spreadsheets are often just wrong.

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

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

Most large spreadsheets have dozens or even hundreds of errors.

Spreadsheets have a notoriously high number of faults.

Spreadsheets are notoriously error-prone.

Errors in spreadsheets are as ubiquitous as spreadsheets themselves.

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

Spreadsheet errors are still the rule rather than the exception.

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

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

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

A significant proportion of spreadsheets have severe quality problems.

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

Spreadsheet errors have resulted in huge financial losses.

Spreadsheets are easy to use and very hard to check.

Spreadsheet errors are pervasive, stubborn, ubiquitous and complex.

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

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