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