Proceedings of Information Systems Architecture and Technology ISAT 2004 - Wroclaw, Poland.
ISSN/ISBN: Not available at this time. DOI: Not available at this time.
Abstract: Recent research and applications papers have shown the first significant digit law, also known as Benford’s Law, to be a powerful tool in detecting fraud in tax returns and other business applications. However, applying the law to business problems is not altogether straightforward. This paper presents an overview of the theory behind Benford’s Law with a case study on applying this methodology to detect fraud in factoring, along with points to consider for effective use.
Bibtex:
@inproceedings{,
title = "First significant digit law and fraud detection in factoring data",
author = "Allen Long and Olga Pavlova and Olga Pechinkina and Lillian Clark",
year = "2004",
language = "English",
booktitle = "Proceedings of Information Systems Architecture and Technology ISAT 2004 ; Conference date: 01-01-2004",
url = "https://researchportal.port.ac.uk/en/publications/first-significant-digit-law-and-fraud-detection-in-factoring-data",
}
Reference Type: Conference Paper
Subject Area(s): Accounting