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