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

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

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

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

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

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

Spreadsheets have a notoriously high number of faults.

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

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

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

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

Most large spreadsheets have dozens or even hundreds of errors.

A significant proportion of spreadsheets have severe quality problems.

Spreadsheets are more fault-prone than other software.

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

Spreadsheets are extraordinarily and unacceptably prone to error.

Errors in spreadsheets are as ubiquitous as spreadsheets themselves.

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

The results given by spreadsheets are often just wrong.

It is irrational to expect large error-free spreadsheets.

Spreadsheets contain errors at an alarmingly high rate.

Your spreadsheets may be disasters in the making.

Spreadsheet errors have resulted in huge financial losses.

Spreadsheet errors are pervasive, stubborn, ubiquitous and complex.

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

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

Spreadsheets are easy to use and very hard to check.

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

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

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

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

Spreadsheets are commonly used and commonly flawed.

Untested spreadsheets are riddled with errors.

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

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

Programmers exhibit unwarranted confidence in the correctness of their spreadsheets.

Spreadsheets are dangerous to their authors and others.

Spreadsheet errors are still the rule rather than the exception.

Never assume a spreadsheet is right, even your own.

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

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

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

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

Spreadsheets are notoriously error-prone.

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

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

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

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

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

Spreadsheets are alarmingly error-prone to write.