Studies have shown that there is a high incidence of errors in spreadsheets.

Most large spreadsheets have dozens or even hundreds of errors.

Spreadsheet errors have resulted in huge financial losses.

Research on spreadsheet errors is substantial, compelling, and unanimous.

Spreadsheet errors are still the rule rather than the exception.

It is irrational to expect large error-free spreadsheets.

Untested spreadsheets are riddled with errors.

...few incidents of spreadsheet errors are made public and these are usually not revealed by choice.

Overconfidence is one of the most substantial causes of spreadsheet errors.

People tend to believe their spreadsheets are more accurate than they really are.

Errors in spreadsheets are as ubiquitous as spreadsheets themselves.

Spreadsheets are more fault-prone than other software.

The issue is not whether there is an error but how many errors there are and how serious they are.

Spreadsheets... pose a greater threat to your business than almost anything you can imagine.

Spreadsheet errors... a great, often unrecognised, risk to corporate decision making & financial integrity.

Developing an error-free spreadsheet has been a problem since the beginning of end-user computing.

Spreadsheets are commonly used and commonly flawed.

Spreadsheets are extraordinarily and unacceptably prone to error.

A lot of decisions are being made on the basis of some bad numbers.

Spreadsheets can be viewed as a highly flexible programming environment for end users.

The results given by spreadsheets are often just wrong.

The untested spreadsheet is as dangerous and untrustworthy as an untested program.

Every study that has looked for errors has found them... in considerable abundance.

Spreadsheet errors are pervasive, stubborn, ubiquitous and complex.

Your spreadsheets may be disasters in the making.

The software that end users are creating... is riddled with errors.

Spreadsheet development must embrace extensive testing in order to be taken seriously as a profession.

Spreadsheets are dangerous to their authors and others.

Spreadsheet shortcomings can significantly hamper an organization's business operation.

Spreadsheets are often hard, if not impossible, to understand.

Spreadsheets contain errors at an alarmingly high rate.

Never assume a spreadsheet is right, even your own.

60% of large companies feel 'Spreadsheet Hell' describes their reliance on spreadsheets.

94% of the 88 spreadsheets audited in 7 studies have contained errors.

Programmers exhibit unwarranted confidence in the correctness of their spreadsheets.

The quality and reliability of spreadsheets is known to be poor.

It is now widely accepted that errors in spreadsheets are both common and potentially dangerous.

Despite overwhelming and unanimous evidence... companies have continued to ignore spreadsheet error risks.

Spreadsheets have a notoriously high number of faults.

Spreadsheets are alarmingly error-prone to write.

Spreadsheets are easy to use and very hard to check.

A significant proportion of spreadsheets have severe quality problems.

Every study, without exception, has found error rates much higher than organizations would wish to tolerate.

Errors in spreadsheets... result in incorrect decisions being made and significant losses incurred.

Even obvious, elementary errors in very simple, clearly documented spreadsheets are... difficult to find.

Most executives do not really check or verify the accuracy or validity of [their] spreadsheets...

Spreadsheets are notoriously error-prone.

Spreadsheets are the most popular live programming environments, but they are also notoriously fault-prone.

Despite being staggeringly error prone, spreadsheets are a highly flexible programming environment.

1% of all formulas in operational spreadsheets are in error.