Aggarwal, Venuka and Dharni, Khushdeep
Deshelling the shell companies using benford’s law: An emerging market study - Vikalpa: The Journal for Decision Makers - 45(3), Jul-Sep, 2020: p.160-169
Benford’s Law is viewed as an interesting phenomenon for studying naturally occurring digits. Benford discovered that naturally occurring numbers tend to follow a specified logarithmic probability distribution function. Benford’s Law, specifically in the field of accounting and finance, has been used as a tool to detect patterns in reported earnings. Its applications include detecting dubious digits in forensic accounting, detecting possible financial irregularities, and detecting fraud in accounting data.- Reproduced
Benford’s law, Shell companies, Fraud detection, India, forensic accounting
Deshelling the shell companies using benford’s law: An emerging market study - Vikalpa: The Journal for Decision Makers - 45(3), Jul-Sep, 2020: p.160-169
Benford’s Law is viewed as an interesting phenomenon for studying naturally occurring digits. Benford discovered that naturally occurring numbers tend to follow a specified logarithmic probability distribution function. Benford’s Law, specifically in the field of accounting and finance, has been used as a tool to detect patterns in reported earnings. Its applications include detecting dubious digits in forensic accounting, detecting possible financial irregularities, and detecting fraud in accounting data.- Reproduced
Benford’s law, Shell companies, Fraud detection, India, forensic accounting