Mobile Edition


Benford's Law: A Valuable Audit Tool (ACBLAV10)

 
Date:Thursday, August 22, 2019
Time:2:00 PM - 4:00 PM
(Registration at 1:30 PM)
Facility:Webcast or Webinar, Online
CPE Credit:2.0 Technical Business
Instructor: David Cotton, CPA, CFE, CGFM
Vendor:ACPEN
Course Level:Update
Early Bird Price:$79.00 FICPA Members, $109.00 Non-Members

Description:

Numbers—and especially the digits within those numbers—can conceal a lot of information. Benford's Law is the key to unlocking that information. This session will explain what Benford's Law is, how it works, and how it can be used to reveal bogus information and made-up data. Accountants and auditors should understand how to use this valuable audit tool.  The session will also describe other digital analysis techniques that can be used to reveal evidence of fraud.  But, if you take this course, you must promise not to reveal the secrets behind these techniques to any fraud perpetrators.



Objectives:

  • Understand what digital analysis is, how it works, and why it works

  • Understand Benford’s Law, when it works, and how it works

  • Understand other digital analysis techniques

  • Understand how to apply digital analysis techniques to detect fraudulent transactions



    Major Topics:

  • Fraud

  • Fraud detection

  • Data analysis

  • Digital analysis

  • Benford’s Law



    Who Should Attend:
    Internal and external auditors at all levels; risk management and compliance specialists at all levels

    Prerequisite:
    None

    Advanced Preparation:
    None

    Session/Options

    If listed below, select the appropriate sessions or options to continue with your purchase.

    Registration Status: CLOSED - Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.