(Reuters) - Investors wanting to dodge the next Enron, or just outperform the market, might want to pay particular attention to the first digits, and only the first digits, in numbers in company ...

CEO of iResearch Services, a global end-to-end thought leadership company that focuses on evidence-based research and insight-led content. Unless you’ve dabbled in public accounting, it’s unlikely ...

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A statistical test suggests that several countries are misreporting or fabricating COVID case numbers. The United States is included among those countries. Is there another explanation? Let's pretend ...

Benford’s law is an empirical “law” governing the frequency of leading digits in numerical data sets. Surprisingly, for mathematical sequences the predictions derived from it can be uncannily accurate ...

The accountant Nigrini remarked that in tables of data distributed according to Benford's law, the sum of all elements with first digit d (d = 1, 2, ⋯, 9) is approximately constant. In this note, a ...

When it comes to catching tax cheats, the IRS has more than just federal law on its side. The agency’s arsenal also includes a mathematical truth known as Benford’s law. Armed with this law, the IRS ...