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