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