Benford's Law and Other Digital Analysis Techniques
Registration is Closed
Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.
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