Muhasebe Bilim Dünyası Dergisi 22(1), pp. 107-126.
ISSN/ISBN: Not available at this time. DOI: 10.31460/mbdd.609957
Abstract: Despite has many critical as much as defenders, Benford’s Law has been used many different ways in accounting. The purpose of the study is to create an alternative standard and critical values that can be used to assess financial data compliance with Benford's law for using as an audit procedure. To this end, the allowable deviation limits were determined on an average basis by analysing the quarterly (20 periods total) balance sheet and income statements of the companies traded in BIST for the years 2013-2017. Analysis done in Excel software by performing 1. Digit, 2. Digit and First 2 Digit tests of Benford Analysis. As a result, a new measuring standard BDS (Benford Digit Score) and conformity limits have been created that evaluated is more effective for audit aims.
Bibtex:
@article {,
journal = {Muhasebe Bilim Dünyası Dergisi},
eissn = {2564-7164},
address = {},
publisher = {Muhasebe Öğretim Üyeleri Bilim Ve Dayanışma Vakfı},
year = {2020},
volume = {22},
number = {1},
pages = {107--126},
doi = {10.31460/mbdd.609957},
title = {Fraud Detecting with Benford’s Law: An Alternative Approach with {BDS} and Critic Values},
key = {cite},
author = {Özevin, Onur and Yücel, Rahmi and Öncü, Mehmet Akif}
}
Reference Type: Journal Article
Subject Area(s): Accounting