Benford's Law and Other Digital Analysis Techniques

Wednesday, November 27, 2024
Webcast or Webinar, Online
9:00 AM - 10:38AM (opens at 8:30 AM) EST
1.5Credits
Accounting and Auditing

Registration is Open

Members
$79.00 Regular Price
Non-Members
$109.00 Regular Price

CPE PowerPass Users

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$30.00 Members / $42.00 Non-Members
Course Type: Webcast
Course Code: 24/AC661480
Level: Basic
Vendor: ACPEN
Field of Study: Auditing, Accounting

Overview:

Numbers and especially the digits within those numbers can conceal a lot of information.  Benford's Law and other digital analysis techniques can be the keys to unlocking that information.  This session will explain what Benford's Law is, how it works, and how it can be used to reveal bogus information and made-up data.  Accountants and auditors should understand how to use this valuable audit tool as well as other digital analysis techniques.  But, if you attend this session, you must promise not to reveal the secret behind these techniques to any fraud perpetrators.

Objectives:

  • How and why Benford’s Law works (and when it doesn’t)
  • When to apply Benford’s Law
  • Data analysis software that can perform Benford’s Law tests
  • Other valuable digital analysis techniques
  • Cases studies and success stories

Major Topics:

  • Benford’s Law
  • Digital Analysis
  • Data analytics

Major Topics:

  • Benford’s Law
  • Digital Analysis
  • Data analytics

Designed For:

Accountants and auditors at all levels

Prerequisites:

None