Benford's Law Nigrini Mark J.
A powerful new tool for all forensic accountants, or anyone whoanalyzes data that may have been alteredBenford's Law gives the expected patterns of the digits in thenumbers in tabulated data such as…
Specifikacia Benford's Law Nigrini Mark J.
A powerful new tool for all forensic accountants, or anyone whoanalyzes data that may have been alteredBenford's Law gives the expected patterns of the digits in thenumbers in tabulated data such as town and city populations orMadoff's fictitious portfolio returns. Those digits, in unaltereddata, will not occur in equal proportions; there is a large biastowards the lower digits, so much so that nearly one-half of allnumbers are expected to start with the digits 1 or 2. Thesepatterns were originally discovered by physicist Frank Benford inthe early 1930s, and have since been found to apply to alltabulated data. Mark J. Nigrini has been a pioneer in applyingBenford's Law to auditing and forensic accounting, even before hisgroundbreaking 1999 Journal of Accountancy article introducing thisuseful tool to the accounting world. In Benford's Law, Nigrinishows the widespread