Mali Çözüm Dergisi 33(177), pp. 773-806.
ISSN/ISBN: Not available at this time. DOI: Not available at this time.
Note - this is a foreign language paper: TUR
Abstract: Benford's law effectively identifies possible errors, fraud, and/or other irregularities. Auditors also prefer it because of its ease of applicability. Using this tool, auditors can determine whether the amounts in question have possible errors/fraud by examining the distribution of the amounts they examine using numerical analysis. In this study, by performing a numerical analysis, the elements of some statements of financial positions and income statements of non-bank companies traded in the Borsa Istanbul 30 Index were examined for 2016-2022 using Benford's law. In addition, the study period was split into 2016-2019 and 2020-2022, which are two separate periods before and after the Covid 2019 Pandemic. The first, second, third, and first two-digit tests, known as audit tests and used to determine the conformity of amounts with the law, were carried out. The conformity of the expected Benford values and the observed values were evaluated using the Chi-square test.
Bibtex:
@article{,
author = {Can, Esin Nesrin and Özarı, Çiğdem},
title = {Conformity of some financial statement elements of BIST30 companies with the Benford law},
year = {2023},
journal = {Mali Çözüm Dergisi},
volume = {33},
number = {177},
pages = {773-806},
url = {},
}
Reference Type: Journal Article
Subject Area(s): Accounting