Davies and Ikin (1987)

Summary by Ray Panko, University of Hawaii


This study examined 19 spreadsheets from 10 spreadsheet developers in 10 different firms.

An audit with unknown methodology found an unknown number of serious errors in 4 of the spreadsheets (21%).

In 14 of the spreadsheets (73%) there were serious actual or potential errors.

The developers generally believed that there were no errors in their spreadsheets.