More Than Half a Century Later, Benford's Law

Financial Fraud Pablo Begerano Pablo Begerano It Can Be Applied to Any Area of Nature Where Numbers Are Not Given Randomly, Which is Why Benford De's Law is Used to Review Financial Status. Frank Benford, an American Mathematician Born at the End of the 20th Century, Discovered the Law Named After Him in the 1980s. While Examining a Series of Tables Filled With Numbers, He Discovered a Coincidence and Began to Dig Deeper. The Fact That the Lowest Number Occurs More Frequently in the First Digit Than the Highest Number Has Been Verified in Several Numbers Belonging to Different Samples (E.g. River Areas, Physical.



Constants or Postal Addresses).  is of Great Interest Because One of Its Uses is to Detect Financial Fraud. How is It Possible to Use Mathematical Laws to Detect This Type of Trap? Although Benford's Law is Chinese Malaysia Phone Number List Not Without Controversy, Its Rules Are Simple and Apply to Many Areas Where Numbers Are Naturally Generated. Precisely, No Matter How Artificial Finance May Seem, They Are Still the Result of Real Actions, Whether They Are Invoices, Transactions or Any Other Type of Movement That.





Implies Real Change, I.e. Not Invented. Therefore, Benford's Law, Also Known as the First Digit Law, Makes It Easier to Detect Fraud in an Account if Too Many Digits Are Changed Without Following This Rule. According to It, in a Set of Numbers, the First Number Must Be With Probability , and Only With Probability Be the First Number. Bits Will Lead the Total, and Bits Will Lead. Benford's Law as the Number Increases, the Percentage Decreases, With is the Lowest Option and is the Highest Option. From Here, the Rule Can Be Applied to Discover Whether an Account is Well Made or Has Been Faked. A Professor at the University of Seville Even.