Poslovni Konsultant [Business Consultant] 13(107), pp. 63-70.
ISSN/ISBN: Not available at this time. DOI: Not available at this time.
Note - this is a foreign language paper: BOS
Abstract: Benford’s law gives expected patterns for frequencies of digits in numerical data sets according to their position in numbers. One interesting aspect is application of Benford’s law for time series. Financial data, like transactions on account, stock prices and/or stock indexes, are of special interest. Time component is often neglected in financial statements’ auditing. One simple way for testing goodness-of-fit with some distributions in data given on time scale, and as a source of some new informations, is so called Goutereau constant, G, which is for normal and 4/3 for uniform distribution. In this paper G constant for Benford’s law is proposed.
Bibtex:
@article{,
author = {Jasak, Zoran and Glogi{\'c}, Edin},
year = {2021},
title = {Benfordov Zakon I G Konstanta U Reviziji Finansijskih Izvještaja [Benford's Law and G Constant in Auditing Financial Statements]},
journal = {Poslovni Konsultant [Business Consultant]},
volume = {13},
issue = {107},
pages = {63--70},
}
}
Reference Type: Journal Article
Subject Area(s): Accounting