By Mark Nigrini,Joseph T. Wells

A strong new software for all forensic accountants, or somebody who analyzes information which can were altered

Benford's legislations offers the anticipated styles of the digits within the numbers in tabulated information resembling city and town populations or Madoff's fictitious portfolio returns. these digits, in unaltered info, won't ensue in equivalent proportions; there's a huge bias in the direction of the decrease digits, a lot in order that approximately one-half of all numbers are anticipated to begin with the digits 1 or 2. those styles have been initially stumbled on by means of physicist Frank Benford within the early Thirties, and feature when you consider that been stumbled on to use to all tabulated information. Mark J. Nigrini has been a pioneer in using Benford's legislations to auditing and forensic accounting, even prior to his groundbreaking 1999 magazine of Accountancy article introducing this helpful software to the accounting international. In Benford's legislations, Nigrini indicates the frequent applicability of Benford's legislation and its functional makes use of to realize fraud, error, and different anomalies.

  • Explores basic, linked, and complex assessments, all defined with information units that come with company funds info and election data
  • Includes ten fraud detection experiences, together with seller fraud, payroll fraud, due diligence while buying a enterprise, and tax evasion
  • Covers financial plan fraud, with info from Enron, AIG, and firms that have been the objective of hedge fund brief sales
  • Looks at how one can notice Ponzi schemes, together with facts on Madoff, Waxenberg, and more
  • Examines many different purposes, from the Clinton tax returns and the charitable presents of Lehman Brothers to tax evasion and quantity invention

Benford's Law has 250 figures and makes use of 50 attention-grabbing genuine and fraudulent real-world info units to provide an explanation for either idea and perform, and concludes with an schedule and instructions for destiny examine. The better half web site provides more information and resources.

Show description

Read Online or Download Benford's Law: Applications for Forensic Accounting, Auditing, and Fraud Detection (Wiley Corporate F&A) PDF

Best business accounting books

Practical Financial Modelling: A Guide to Current Practice

This moment variation of functional monetary Modelling is key device for all finance and administration execs whose paintings comprises the construction and improvement of advanced spreadsheets and monetary versions. the writer bridges the distance among the Excel handbook and fiscal literature with a wealth of sensible propose and worthwhile suggestions.

Digitale Betriebsprüfung: GDPdU in der Praxis - Grundsätze zum Datenzugriff und zur Prüfbarkeit digitaler Unterlagen (German Edition)

Die Einführung der digitalen Außenprüfung durch das Steuersenkungsgesetz vom 23. 10. 2000 hat das deutsche Steuerrecht nicht nur um die rätselhaf anmutende Abkürzung „GDPdU“ als Synonym für die electronic erfolgende Betriebsprüfung bereichert. Inhaltlich ist eine grundleg- de Modernisierung und Technisierung der Prüfung durch die Finanzverwaltung die Folge.

Die Kommanditgesellschaft auf Aktien (KGaA): Rechtsform für Mittelstand und Familienunternehmen (German Edition)

Die Kommanditgesellschaft auf Aktien ist aus rechtlicher und steuerlicher Sicht eine hochflexible Rechtsform. Konkret bietet sie nicht nur interessante steuerliche Gestaltungsmöglichkeiten, sondern erleichtert ferner Finanzierungen am Kapitalmarkt, ohne dass der Inhaber oder Altgesellschafter die Führung des Unternehmens gänzlich aufgeben muss.

Fundamentals of Financial Accounting

Basics of monetary Accounting, offers an enticing, balanced, and safely paced research of the basics of monetary accounting. Its writing kind makes it effortless to learn and comprehend, whereas the choice of actual concentration businesses reinforces the relevance of accounting by way of introducing scholars to accounting and enterprise actions within the context in their favourite businesses.

Additional resources for Benford's Law: Applications for Forensic Accounting, Auditing, and Fraud Detection (Wiley Corporate F&A)

Example text

Download PDF sample

Rated 4.55 of 5 – based on 18 votes