Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
1,734,812,245 visitors served.
forum mailing list For webmasters
?
New: Language forums
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Benford's law

   Also found in: Wikipedia 0.02 sec.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.Benford's law - a law used by auditors to identify fictitious populations of numbers; applies to any population of numbers derived from other numbers; "Benford's law holds that 30% of the time the first non-zero digit of a derived number will be 1 and it will be 9 only 4.6% of the time"
law of nature, law - a generalization that describes recurring facts or events in nature; "the laws of thermodynamics"


How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? Mentioned in ? References in periodicals archive
 
Use Benford's Law, a statistical formula for evaluating the frequency of given values in a random sample, to expose implausible numeric data.
Audits that keep fraudsters guessing by Journal of Accountancy
The software has now been enhanced with the mathematical analysis known as Benford's Law, recognized in the finance industry as a tool to identify possible errors, potential fraud, and other irregularities.
APEX Analytix Introduces Solutions to Identify At-Risk Vendors; ... by Business Wire
This article will explain how you can turn Excel into a financial detective by using Benford's Law and customize Excel programs to perform sophisticated digital analyses that can uncover errors and fraud.
Turn Excel into a financial sleuth: an easy-to-use digital analysis ... by Rose, Jacob M. / Journal of Accountancy
More results
 
Dictionary/thesaurus browser? ? Full browser
 
 
Dictionary, Thesaurus, and Translations
?

Disclaimer | Privacy policy | Feedback | Copyright © 2009 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.