Do the Financial Statements of Listed Companies on the Ljubljana Stock Exchange Pass the Benford’s Law Test?
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References listed on IDEAS
- Bernhard Rauch & Max Göttsche & Gernot Brähler & Stefan Engel, 2011. "Fact and Fiction in EU‐Governmental Economic Data," German Economic Review, Verein für Socialpolitik, vol. 12(3), pages 243-255, August.
- Borja Amor-Tapia & Maria T. Tascon, 2016. "Separating Winners from Losers: Composite Indicators Based on Fundamentals in the European Context," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 66(1), pages 70-94, February.
- Quick, Reiner & Wolz, M., 2005. "Benford's law in German financial statements," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 26962, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
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Cited by:
- Ausloos, Marcel & Ficcadenti, Valerio & Dhesi, Gurjeet & Shakeel, Muhammad, 2021.
"Benford’s laws tests on S&P500 daily closing values and the corresponding daily log-returns both point to huge non-conformity,"
Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 574(C).
- Marcel Ausloos & Valerio Ficcadenti & Gurjeet Dhesi & Muhammad Shakeel, 2021. "Benford's laws tests on S&P500 daily closing values and the corresponding daily log-returns both point to huge non-conformity," Papers 2104.07962, arXiv.org.
- Cunjak Mataković Ivana, 2019. "The empirical analysis of financial reports of companies in Croatia: Benford distribution curve as a benchmark for first digits," Croatian Review of Economic, Business and Social Statistics, Sciendo, vol. 5(2), pages 90-100, December.
- Etienne Harb & Nohade Nasrallah & Rim El Khoury & Khaled Hussainey, 2022. "Applying Benford’s Law to detect accounting data manipulation in the pre-and post-financial engineering periods: Evidence from Lebanon," Working Papers of LaRGE Research Center 2022-10, Laboratoire de Recherche en Gestion et Economie (LaRGE), Université de Strasbourg.
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More about this item
Keywords
auditors; Benford's law; financial statements; forensic accountants; fraud detection;All these keywords.
JEL classification:
- C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
- F31 - International Economics - - International Finance - - - Foreign Exchange
- F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
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