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benford’s law

The Redoubtable Risk of Round Numbers

September 21, 2024 by admin

Since I discovered the bid-rigging case earlier, I had shared in part II on how I managed to detect it back in late 2022. This article will examine the role of round numbers that accountants and auditors frequently encounter in the course of work. One of the things I discovered from working over 29 years … Read more

Categories Internal Audit Tags benford's law, data analytics, internal audit, round numbers Leave a comment

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