Banking and Financial Webinar . 2010 - Benford’s Law Basics and Application - Banking and Financial Webinar By ComplianceOnline.

A basic understanding of the Benford’s law and other data analytics test and a practical guidance to guide you through the application of the data analytics using Active DATA for cash disbursement and journal entries, etc.
Why Should You Attend:

Data analytics is a good add-on task for internal audit department. You can use Benford’s law to find potential fraud areas and other tests to find errors and turn your internal audit department into a revenue generating center! In this webinar, we’ll talk about how to apply Benford’s law test, number duplication test, and how to use Active Data to achieve these tests! Examples including various tests for cash disbursement and journal entries.

Attendees will learn hands-on experience on how to apply Benford’s law test and other data analytics test and ready to use it in your own company!