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