- NY Credits : 1.0
- TX Credits : 1.0
Benford's Law - The Fraud Detective
Benford's Law is a mathematical theory that was conceived in 1938. For 50 years, Benford's Law was a curiosity limited to mathematicians--but now, it aids numerous anti-fraud professionals in solving embezzlement, insurance claims, and money laundering cases. This course illustrates how this theory could help you on your next fraud case.
Upon successful completion of this course, the user should be able to:
identify natural numbers,
describe the theory behind Benford's Law,
recognize numbers that would tend to follow Benford's Law,
identify different statistical tests to identify deviations from expected results, and
illustrate how Benford's Law can be used with Excel spreadsheets.