La Ley de Benford y sus Variantes es una Técnica de Análisis de Datos, Auditoría, Minería de Datos, Monitoreo de Generadores BigData y Seguimiento de Procesos; que en base a los datos permite establecer si sus valores cumplen un... more
This quantitative study combined the Altman z, Zmijewski x and Beneish m models targeted at the 2009 to 2016 secondary data of the twenty-six listed non-financial firms on the Ghana Stock Exchange to explore warning signals of bankruptcy... more
The fraud reporting and data manipulation is discussed across the various scientific fieldsin economy, finance, sociology and many others. Particularly, the economic and finance data are under the strong scrutiny. In literature we can... more
This paper explores the influence of regulatory frameworks and environmental factors on the accounting practices of companies in Ghana. It emphasizes the critical role of a robust regulatory environment, maintained by bodies such as the... more
Benford Yasası, doğal veri kümelerinde başlangıç rakamlarının belirli bir düzeni takip ettiğini ifade eden bir istatistik prensibidir. Finansal denetim sürecinde Benford Yasası kullanılarak finansal tablo verilerinde oluşabilecek... more
Benford’s law is understudied in financial markets and almost entirely unstudied in relation to stock prices. This study identifies some general patterns of Benford behaviour specific to closing stock prices based on the individual... more
Resumen Se presenta un análisis mediante la Ley de Benford, o Ley de los Primeros Dígitos, establece que, en muchos conjuntos de datos naturales, los dígitos no aparecen con igual frecuencia; el dígito 1 es el más frecuente como primer... more
We report positive correlations between letter frequency and symmetry (more symmetric symbols are more frequent) in English and Russian languages and in four types of numerals (Western, Roman, Arabic, and Chinese) with the coefficients of... more
Metodologia para encontrar el error o la mentira consciente o inconsciente en los datos utilizados en investigaciones
In recent decades, predicting company bankruptcies and financial troubles has become a major concern for various stakeholders. Furthermore, because financially sustainable businesses are affected by numerous highly complex factors, both... more
Nowadays, money laundering has become a serious threat to the world economy. Traditional methods of Anti Money Laundering (AML) are costly and inefficient. Recently, data mining techniques have been developed and have been considered as... more
Economic growth is closely linked with the financial system of the country. As a financial institution, banking sector contribute a lot to the economic development. Our banking system has shown a fabulous growth since nationalisation and... more
Corporate Financial Reporting is one of the petal issues in corporate financial existence. It provides an insight into the viability of a company's corporate existence. Corporate financial reporting is aided by proper auditing practices,... more
Cartilla de apropiación social del conocimiento de la "Estrategia de conservación, uso y manejo de la biodiversidad a partir de la Estructura Ecológica Principal y la Restauración Ecológica para la jurisdicción de la CDMB" donde se cuenta... more
IFRS adoption's effect and board governance on accounting quality from Ghanaian perspective was examined using OLS technique between a sevenyear periods (2013-2019). From the study, IFRS adoption negatively impacts accounting quality in... more
This paper examined corporate governance and financial statements manipulation in Nigeria, using the Beneish model. To this end, the Beneish Model was employed to predict the likelihood of financial statements manipulation among the... more
Benford's law is often used as a support to critical decisions related to data quality or the presence of data manipulations or even fraud. However, many authors argue that conventional statistical tests will reject the null of data... more
Application of Benford's Law in the field of financial analysis is very rarely covered. In this paper it is researched possibility of usage of this law in analysis of stock prices and stock turnover in Zagreb stock exchange. On the basis... more
Instead of presenting the data as it is, financial statement editors may display it as what it should be. Therefore there is a need to know the truthfulness, quality, reliability, and trustworthiness of reported and presented financial... more
This study aims to analyze the role of leverage which moderates the effect of business intelligence, intellectual capital, and financial performance on firm value and is controlled by the variable firm size and sales growth in... more
The growing convolution of industries and the need for corporate business survival has created a cognizance dilemma on the nexus of earnings management and managerial compensation paradigm, especially in developing nations. Hence, this... more
This study investigates the implications of the gap between International Financial Reporting Standards (IFRS) and New Zealand International Financial Reporting Standards (NZIFRS) on financial reporting transparency, accountability and... more
The aim of this study is to determine whether the earthquake magnitude data comply with Benford's Law. To this end, magnitude data of 14.565 earthquakes that occurred in Turkey between January 1, 2023, and February 27, 2023, were analyzed... more
The Euro changeover distorted previously well-formed nominal price patterns. Food retailers may have reacted by adjusting prices to reintroduce psychological prices as before the Euro changeover. We employ a detailed data set of German... more
We consider Benford´s law, also called the first-digit law. Benford (Proc. Amer.
Financial statement fraud has had the most significant monetary impact on companies compared to the other categories of fraud. Over half of the financial statement frauds were committed through improper revenue recognition. According to a... more
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The growing use of internet and the existence of vulnerable points in networks have made the use of intrusion detection systems as one of the most important security elements. Intrusion detection is essentially a classification problem... more
The aim of this article is to answer the question whether the unreliability of the Altman bankruptcy prediction model may be caused by manipulations in financial statements. Our study was carried out on a group of 369 bankrupt Polish... more
Business landscape is becoming increasingly competitive and more intense each day and as such, every company, owners and management strives to better their performance and this has created tendencies geared to realizing a premeditated... more
Fraud in bids occurs by trying to thwart their competitive nature, causing overbilling, and favoring a specific group. This research aims to verify which set of indicators and algorithms has better properties and greater assertiveness in... more
In this paper, we examine the economic, political, and legal systems as well as the institutional factors that influence the accounting and disclosure practices in Ghana. The impact of International Financial Reporting Standards (IFRS) on... more
Using generalizations of Benford's Law we test for the absence of psychological barriers at various price levels in eBay auctions for professional football tickets. Our empirical results indicate that this hypothesis cannot be rejected.
Considering the burning problem of corruption and non-transparency of public enterprises in the Federation of Bosnia and Herzegovina (FBiH), the paper aims to investigate whether the Beneish M-score model can be used to predict inaccurate... more
In recent decades, predicting company bankruptcies and financial troubles has become a major concern for various stakeholders. Furthermore, because financially sustainable businesses are affected by numerous highly complex factors, both... more
Improving the accuracy of the Benford algorithm via Monte Carlo simulation for sample size determination Research Aim: Bedford's Law can be used to detect fraud. Previous research has highlighted a weakness of the algorithm, though: a... more
Fraud is an illegal activity that does not discriminate. It affects the global economy as well as all types of organizations. Surveys and reports by ACFE, Deloitte, KPMG and NFA confirmed that the public sector is more vulnerable to fraud... more
Cryptocurrencies have become a global phenomenon and its trading volume has been increasing since 2017 Aloosh and Li (2019). However, cryptocurrencies have been accused of market manipulation in the past. Benford's law is widely used for... more
This paper presents the findings of an empirical study on the benefits, prospects and challenges of adoption of International Financial Reporting Standards (IFRS) in some African countries. A questionnaire was administered to gather data... more
Despite the increase in the level of awareness and general knowledge of the beneficiaries of financial affairs, the main issue in investing decisions is the high reliance on accounting report numbers (especially accounting profit as one... more
This research aims to investigate the overall and detailed financial disclosure status of Ethiopian companies against the IAS/IFRS standards. For the sake of achieving the objectives of this study, the detailed disclosure index has been... more
Retail managers use psychological pricing to make the prices of goods appear to be just below a round number. The euro introduction in 2002, with its various exchange rates, distorted existing nominal price patterns while at the same time... more
h i g h l i g h t s • The Benford distribution is a particular case of a more general mathematical statement. • The exact Benford distribution is valid for the exponential function only. • Explicit expressions for frequencies are obtained... more
This research is motivated by the application of countercyclical policy, such as credit restructuring, by banking companies during the COVID-19 pandemic. The credit restructuring that the banks carried out had the potential to affect... more
Artificial neural networks and statistical techniques like decision trees, discriminant analysis, logistic regression and survival analysis play a crucial role in Business Intelligence. These predictive analytical tools exploit patterns... more
This study analyzes the effect of bonus compensation on real earnings management, with the audit committee effectiveness as a moderating variable in manufacturing companies in Indonesia. The sample of this research is manufacturing... more
Corporate governance disclosure has become the buzz word for countries in developing economies, with the spate of corporate governance failures and the need to prevent a continuation of this trend. There has been the call for developing... more
The frequency of the first digits of numbers drawn from an exponential probability density oscillate around the Benford frequencies. Analysis, simulations and empirical evidence show that datasets must have at least 10,000 entries for... more