Forensic Analytics: Methods and Techniques?

Book

Brief

Each chapter, where applicable, includes one or more cases showing how the tests under discussion could have detected the fraud or anomalies. Also includes two chapters each describing multi-million-dollar fraud schemes and the insights that can be learned from those examples. These interesting real-world examples help to make the text accessible and understandable for accounting professionals and accounting students without rigorous backgrounds in mathematics and statistics. Emphasizing practical applications, the new edition shows how to use either Excel or Access to run these analytics tests. This authoritative book: Describes the use of statistically-based techniques including Benford’s Law, descriptive statistics, and the vector variation score to detect errors and anomalies  Shows how to run most of the tests in Access and Excel, and other data analysis software packages for a small sample of the tests  Applies the tests under review in each chapter to the same purchasing card data from a government entity  Includes interesting cases studies throughout that are linked to the tests being reviewed.  Includes two comprehensive case studies where data analytics could have detected the frauds before they reached multi-million-dollar levels  Includes a continually-updated companion website with the data sets used in the chapters, the queries used in the chapters, extra coverage of some topics or cases, end of chapter questions, and end of chapter cases.