Using Data Analysis to Detect Fraud - IIA Dallas Chapter
Using Data Analysis to Detect Fraud - IIA Dallas Chapter
Using Data Analysis to Detect Fraud - IIA Dallas Chapter
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Analytic TechniquesBenford’s LawUtilizes digit and numberpatterns <strong>to</strong> detect fraud,errors, biases, andirregularities. Significantdifferences between a dataset’s digit distribution and thedigit distribution of Benford’sLaw serve as a flag formanufactured or manipulateddata and suggest that furtheranalysis may be necessary.Areas for furtheranalysis<strong>Using</strong> <strong>Data</strong> <strong>Analysis</strong> <strong>to</strong> <strong>Detect</strong> and Deter <strong>Fraud</strong>PricewaterhouseCoopersMarch 2007Slide 15
Change language