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Nigrini, MJ (1998)

Numerology for Accountants

Journal of Accountancy 186(5), November 1998, p. 15.

ISSN/ISBN: Not available at this time. DOI: Not available at this time.

Abstract: INTRODUCTION: Do financial statements universally favor some numbers over others? The idea seems to defy logic. In a random string of numbers pulled from a companys books, each digit, 19, would seem to have one chance in nine of starting a given number. But according to a 60-year-old formula making its way into the accounting field, some numbers really are more popular than others. A disruption in the pattern may reveal an inefficient process, an honest mistake or outright fraud. Benfords Law is the newest tool in the auditors arsenal.

@article{, AUTHOR = {Mark J. Nigrini}, ISSN = {00218448}, Journal = {Journal of Accountancy}, Number = {5}, Pages = {15}, Title = {Numerology for Accountants.}, Volume = {186}, URL = {}, Year = {1998}, }

Reference Type: Journal Article

Subject Area(s): Accounting