Benford's Law: Applications for Forensic Accounting, Auditing, and Fraud Detection (Wiley Corporate F&A)
| Author | : | |
| Rating | : | 4.60 (632 Votes) |
| Asin | : | B007KG9ZAI |
| Format Type | : | |
| Number of Pages | : | 529 Pages |
| Publish Date | : | 2015-06-04 |
| Language | : | English |
DESCRIPTION:
"Benford is Everywhere!" according to S. Patterson. This is an excellent book that will give you an incredible set of tools, tests and certainly will give you new ways to look at your work. Dr. Nigrini's writing style is very open, accessible, and often humorous. Passion and drive for the subject come through in every page of this book. The amount of detail and background, practical applications, and interpretations make the book a complete package on the subject. I recently had the opportunity . Grant Babb said Mathematics, Mystery, and Intrigue. It is not common to find a book that you hope covers the topic you are looking for and entertains you at the same time.Nigrini does a good job of developing the context of the book: some more esoteric math concepts, the challenges of getting new ideas through academia and the business world, and the unfortunate responsibility of catching bad people. My job requires me to communicate math to people who are NOT mathematicians, and I appreciate th. "Not focused on fraud accounting" according to knuckleball. I gave Not focused on fraud accounting I gave 3 stars.This book would be nice for the student intersted in benfords law.I did not get enough information on the application of bfl to forensic accounting.. stars.This book would be nice for the student intersted in benfords law.I did not get enough information on the application of bfl to forensic accounting.
Nigrini is also the author of Forensic Analytics (Wiley), which describes tests to detect fraud, errors, estimates, and biases in financial data. NIGRINI, PhD, is a professor at The College of New Jersey where he teaches forensic accounting courses. He has been published in national media including the
With 250 tables and figures dealing with 50 data sets revealed over 13 chapters, Nigrini takes us on a pioneering journey in Benford's Law: Applications for Forensic Accounting, Auditing, and Fraud Detection. From the Inside FlapThere are hidden patterns in the chaos that we know as data. The book is both informative and entertaining, and is aimed at professionals with a basic knowledge of statistics and a love for numbers and figures. In the 1990s, the accountant Mark Nigrini first advocated the use of Benford's Law as a test for fraud and of data integrity. The website includes the Nigrini Cycle Excel template and several Access databases with their Benford's Law queries. census population numbersThe Fibonacci numbersCorporate paymentsEnron and AIG's financial statement numbersGeneral Motors and Chrysler payments dataMadoff's monthly returnsStreamflow and la
Nigrini has been a pioneer in applying Benford's Law to auditing and forensic accounting, even before his groundbreaking 1999 Journal of Accountancy article introducing this useful tool to the accounting world. In Benford's Law, Nigrini shows the widespread applicability of Benford's Law and its practical uses to detect fraud, errors, and other anomalies.Explores primary, associated, and advanced tests, all described with data sets that include corporate payments data and election dataIncludes ten fraud detection studies, including vendor fraud, payroll fraud, due diligence when purchasing a business, and tax evasionCovers financial statement fraud, with data from Enron, AIG, and companies that were the target of hedge fund short salesLooks at how to detect Ponzi schemes, including data on Madoff, Waxenberg, and moreExamines many other applications, from the Clinton tax returns and the charitable gifts of Lehman Brothers to tax evasion and number inventionBenford's Law has 250 figures and uses 50 interest