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