Benford s Law

Written By Mark Nigrini
Benford s Law
  • Publsiher : John Wiley & Sons
  • Release : 24 April 2012
  • ISBN : 1118152859
  • Pages : 330 pages
  • Rating : /5 from reviews
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Download or read book entitled Benford s Law by author: Mark Nigrini which was release on 24 April 2012 and published by John Wiley & Sons with total page 330 pages . This book available in PDF, EPUB and Kindle Format. A powerful new tool for all forensic accountants, or anyone who analyzes data that may have been altered Benford's Law gives the expected patterns of the digits in the numbers in tabulated data such as town and city populations or Madoff's fictitious portfolio returns. Those digits, in unaltered data, will not occur in equal proportions; there is a large bias towards the lower digits, so much so that nearly one-half of all numbers are expected to start with the digits 1 or 2. These patterns were originally discovered by physicist Frank Benford in the early 1930s, and have since been found to apply to all tabulated data. Mark J. Nigrini has been a pioneer in applying Benford's Law to auditing and forensic accounting, even before his groundbreaking 1999 Journal of Accountancy article introducing this useful tool to the accounting world. In Benford's Law, Nigrini shows the widespread applicability of Benford's Law and its practical uses to detect fraud, errors, and other anomalies. Explores primary, associated, and advanced tests, all described with data sets that include corporate payments data and election data Includes ten fraud detection studies, including vendor fraud, payroll fraud, due diligence when purchasing a business, and tax evasion Covers financial statement fraud, with data from Enron, AIG, and companies that were the target of hedge fund short sales Looks at how to detect Ponzi schemes, including data on Madoff, Waxenberg, and more Examines many other applications, from the Clinton tax returns and the charitable gifts of Lehman Brothers to tax evasion and number invention Benford's Law has 250 figures and uses 50 interesting authentic and fraudulent real-world data sets to explain both theory and practice, and concludes with an agenda and directions for future research. The companion website adds additional information and resources.

Benford s Law

Benford s Law
  • Author : Mark Nigrini
  • Publisher : John Wiley & Sons
  • Release Date : 2012-04-24
  • Total pages : 330
  • ISBN : 1118152859
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Summary : A powerful new tool for all forensic accountants, or anyone who analyzes data that may have been altered Benford's Law gives the expected patterns of the digits in the numbers in tabulated data such as town and city populations or Madoff's fictitious portfolio returns. Those digits, in unaltered data, will ...

An Introduction to Benford s Law

An Introduction to Benford s Law
  • Author : Arno Berger,Theodore P. Hill
  • Publisher : Princeton University Press
  • Release Date : 2015-05-26
  • Total pages : 256
  • ISBN : 1118152859
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Summary : This book provides the first comprehensive treatment of Benford's law, the surprising logarithmic distribution of significant digits discovered in the late nineteenth century. Establishing the mathematical and statistical principles that underpin this intriguing phenomenon, the text combines up-to-date theoretical results with overviews of the law’s colorful history, rapidly growing ...

Benford s Law

Benford s Law
  • Author : Alex Ely Kossovsky
  • Publisher : World Scientific Publishing Company Incorporated
  • Release Date : 2015
  • Total pages : 649
  • ISBN : 1118152859
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Summary : This book tells the story of a newly discovered and apparently mysterious digital phenomenon of Benford's Law. This phenomenon manifests itself by the empirical finding that not all digits are created equal, but rather that low digits such as 1, 2, 3 occur much more frequently than high digits such as 7, 8, 9, in accounting, ...

Benford s Law and Macroeconomic Data Quality

Benford   s Law and Macroeconomic Data Quality
  • Author : Jesus Gonzalez-Garcia,Mr. Gonzalo C. Pastor
  • Publisher : International Monetary Fund
  • Release Date : 2009-01-01
  • Total pages : 22
  • ISBN : 1118152859
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Summary : This paper examines the usefulness of testing the conformity of macroeconomic data with Benford''s law as indicator of data quality. Most of the macroeconomic data series tested conform with Benford''s law. However, questions emerge on the reliability of such tests as indicators of data quality once conformity with Benford''s law ...

An Invitation to Modern Number Theory

An Invitation to Modern Number Theory
  • Author : Steven J. Miller,Steven J.. Miller,Ramin Takloo-Bighash
  • Publisher : Princeton University Press
  • Release Date : 2006-03-26
  • Total pages : 503
  • ISBN : 1118152859
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Summary : In a manner accessible to beginning undergraduates, An Invitation to Modern Number Theory introduces many of the central problems, conjectures, results, and techniques of the field, such as the Riemann Hypothesis, Roth's Theorem, the Circle Method, and Random Matrix Theory. Showing how experiments are used to test conjectures and prove ...

Corruption the Challenge of Human Development

Corruption   the Challenge of Human Development
  • Author : Anonim
  • Publisher : Unknown
  • Release Date : 2007
  • Total pages : 559
  • ISBN : 1118152859
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Summary : Read online Corruption the Challenge of Human Development written by , published by which was released on 2007. Download full Corruption the Challenge of Human Development Books now! Available in PDF, ePub and Kindle....

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Operational Risk with Excel and VBA
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  • Publisher : John Wiley & Sons
  • Release Date : 2004-04-09
  • Total pages : 288
  • ISBN : 1118152859
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Summary : A valuable reference for understanding operational risk Operational Risk with Excel and VBA is a practical guide that only discusses statistical methods that have been shown to work in an operational risk management context. It brings together a wide variety of statistical methods and models that have proven their worth, ...

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Journal of Government Financial Management
  • Author : Anonim
  • Publisher : Unknown
  • Release Date : 2003
  • Total pages : 212
  • ISBN : 1118152859
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Summary : Read online Journal of Government Financial Management written by , published by which was released on 2003. Download full Journal of Government Financial Management Books now! Available in PDF, ePub and Kindle....

New Scientist

New Scientist
  • Author : Anonim
  • Publisher : Unknown
  • Release Date : 1999
  • Total pages : 212
  • ISBN : 1118152859
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Summary : Read online New Scientist written by , published by which was released on 1999. Download full New Scientist Books now! Available in PDF, ePub and Kindle....

Journal of Forensic Accounting

Journal of Forensic Accounting
  • Author : Anonim
  • Publisher : Unknown
  • Release Date : 2006
  • Total pages : 212
  • ISBN : 1118152859
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Summary : Read online Journal of Forensic Accounting written by , published by which was released on 2006. Download full Journal of Forensic Accounting Books now! Available in PDF, ePub and Kindle....

Role of U S Correspondent Banking in International Money Laundering

Role of U S  Correspondent Banking in International Money Laundering
  • Author : United States. Congress. Senate. Committee on Governmental Affairs. Permanent Subcommittee on Investigations
  • Publisher : Unknown
  • Release Date : 2001
  • Total pages : 212
  • ISBN : 1118152859
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Summary : Read online Role of U S Correspondent Banking in International Money Laundering written by United States. Congress. Senate. Committee on Governmental Affairs. Permanent Subcommittee on Investigations, published by which was released on 2001. Download full Role of U S Correspondent Banking in International Money Laundering Books now! Available in PDF, ePub ...

PROCEEDINGS OF THE XIV INTERNATIONAL SYMPOSIUM SYMORG 2014

PROCEEDINGS OF THE XIV INTERNATIONAL SYMPOSIUM SYMORG 2014
  • Author : Aleksandar Marković,Slađana Barjaktarović Rakočević
  • Publisher : FON
  • Release Date : 2014-06-05
  • Total pages : 1795
  • ISBN : 1118152859
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Summary : Read online PROCEEDINGS OF THE XIV INTERNATIONAL SYMPOSIUM SYMORG 2014 written by Aleksandar Marković,Slađana Barjaktarović Rakočević, published by FON which was released on 2014-06-05. Download full PROCEEDINGS OF THE XIV INTERNATIONAL SYMPOSIUM SYMORG 2014 Books now! Available in PDF, ePub and Kindle....

Journal of analysis and its applications

Journal of analysis and its applications
  • Author : Anonim
  • Publisher : Unknown
  • Release Date : 1982
  • Total pages : 212
  • ISBN : 1118152859
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Summary : Read online Journal of analysis and its applications written by , published by which was released on 1982. Download full Journal of analysis and its applications Books now! Available in PDF, ePub and Kindle....

Probability and Mathematical Statistics

Probability and Mathematical Statistics
  • Author : Anonim
  • Publisher : Unknown
  • Release Date : 2006
  • Total pages : 212
  • ISBN : 1118152859
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Summary : Read online Probability and Mathematical Statistics written by , published by which was released on 2006. Download full Probability and Mathematical Statistics Books now! Available in PDF, ePub and Kindle....

Elementary Statistics

Elementary Statistics
  • Author : Mario F. Triola
  • Publisher : Addison-Wesley
  • Release Date : 2005
  • Total pages : 838
  • ISBN : 1118152859
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Summary : Elementary Statistics has been written for the introductory statistics course and students majoring in any field. Although the use of algebra is minimal, students should have completed at least an elementary algebra course. In many cases, underlying theory is included, but this book does not stress the mathematical rigor more ...