Question: Excel project: using benfords law to detect potential disbursements fraud.* Required Read the article using spreadsheets and benfords law to test accounting data, By mark

Excel project: using benfordâ€™s law to detect potential disbursements fraud.*

Required

Read the article â€œusing spreadsheets and benfordâ€™s law to test accounting data,â€ By mark g. Simkin in the isaca journal, vol. 1, 2010, available at www.isaca.org.

Follow the steps in the article to analyze the following set of supplierinvoices:

Excel project: using benfordâ€™s law to detect potential disbursements fraud.*

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To apply Benfords law we need to write a formula that extracts the leftmost digit from an invoice number Excel has a number of builtin functions that ... View full answer

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