Benford's Law and Other Digital Analysis Techniques
Tuesday, December 17, 2024
Webcast or Webinar, Online
3:00 PM - 4:38 PM (opens at 2:30 PM) EST
1.5Credits
Accounting and Auditing
Registration is Open
Members
$79.00 Regular Price
Non-Members
$109.00 Regular Price
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Course Type: Webcast
Course Code: 24/AC661484
Level: Basic
Vendor: ACPEN
Field of Study: Auditing, Accounting
Overview:
Numbers and especially the digits within those numbers can conceal a lot of information. Benford's Law and other digital analysis techniques can be the keys to unlocking that information. This session will explain what Benford's Law is, how it works, and how it can be used to reveal bogus information and made-up data. Accountants and auditors should understand how to use this valuable audit tool as well as other digital analysis techniques. But, if you attend this session, you must promise not to reveal the secret behind these techniques to any fraud perpetrators.
Objectives:
- How and why Benford’s Law works (and when it doesn’t)
- When to apply Benford’s Law
- Data analysis software that can perform Benford’s Law tests
- Other valuable digital analysis techniques
- Cases studies and success stories
Major Topics:
- Benford’s Law
- Digital Analysis
- Data analytics
Major Topics:
- Benford’s Law
- Digital Analysis
- Data analytics