Shepherd University Cindy Vance, Ph.D, CPAShepherd University …Everyone was very thrilled with her presentations. If we ever do the conference again, we highly recommend her. And if anybody else does a conference on fraud and data analytics, we would strongly recommend Alexis Bell.
Continue ReadingNew Benford’s Law Model
We have developed a new model for Benford’s Law analysis. You can analyze naturally occurring numbers (e.g. transaction level data) to see if the actual distributions conform to Benford’s Law. Under certain conditions, deviations from Benford’s could indicate the possibility of human manipulation, i.e. fraud. Therefore, those results would require additional scrutiny. This analysis provides a direction of inquiry. This is a model for Benford’s Law analysis built in MS Excel which calculates graphical and tabular results for the following tests:
Continue ReadingTraining in Tanzania, Africa
I had the pleasure of teaching a three and a half day antifraud seminar at the Serena resort in Dar es Salaam, Tanzania, Africa. Participants included C-Suite, management from Legal, Banking Services, Internal Controls, and Global Corporate Audit departments from many countries across the continent. Topics included:
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