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