Re:Benford's Law
by parallel_item on Monday November 20, 2017 @04:33PM
(#15743492)
I applied it to a sizable chunk of company expense data when auditing accounts payable. It highlighted some managers who made consistent purchases from the same vendor, not the multi-million dollar fraud I was hoping to find.
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not the multi-million dollar fraud I was hoping to find.
Why were you hoping to find this?
Re:Benford's Law
by parallel_item on Monday November 20, 2017 @05:08PM
(#15743758)
Like Midas, it is the dream of all green auditors until they find it and realize the downsides.