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