Detecting Newcomb-Benford Digital Frequency Anomalies in the Audit Context: Suggested Chi2 Test Possibilities
نویسندگان
چکیده
منابع مشابه
Newcomb-Benford Law
The literature for Benford's law is quite large and growing [1]; we avoid interesting foundational issues [2, 3] and turn attention instead to a speci…c scenario [4, 5, 6, 7]. Let fa n g
متن کاملOn the Newcomb-benford Law in Models of Statistical Data
We consider positive real valued random data X with the decadic representation X = ∑∞ i=−∞ Di 10 i and the first significant digit D = D(X) ∈ {1, 2, . . . , 9} of X defined by the condition D = Di ≥ 1, Di+1 = Di+2 = . . . = 0. The data X are said to satisfy the Newcomb-Benford law if P{D = d} = log10 d+1 d for all d ∈ {1, 2, . . . , 9}. This law holds for example for the data with log10 X unifo...
متن کاملThe Newcomb-Benford Law in Its Relation to Some Common Distributions
An often reported, but nevertheless persistently striking observation, formalized as the Newcomb-Benford law (NBL), is that the frequencies with which the leading digits of numbers occur in a large variety of data are far away from being uniform. Most spectacular seems to be the fact that in many data the leading digit 1 occurs in nearly one third of all cases. Explanations for this uneven dist...
متن کاملAsymptotic Logical Uncertainty and the Benford Test
We give an algorithm AL,T which assigns probabilities to logical sentences. For any simple infinite sequence {φsn} of sentences whose truthvalues appear indistinguishable from a biased coin that outputs “true” with probability p, we have limn→∞ AL,T (sn) = p.
متن کاملDetecting Fraud Using Modified Benford Analysis
Large enterprises frequently enforce accounting limits to reduce the impact of fraud. As a complement to accounting limits, auditors use Benford analysis to detect traces of undesirable or illegal activities in accounting data. Unfortunately, the two fraud fighting measures often do not work well together. Accounting limits may significantly disturb the digit distribution examined by Benford an...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Accounting and Finance Research
سال: 2014
ISSN: 1927-5994,1927-5986
DOI: 10.5430/afr.v3n2p191