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