Question: Locate and read the article listed below and answer the following questions. Nigrini, M., and L. Mittermaier. 1997. The Use of Benfords Law as an
Locate and read the article listed below and answer the following questions.
Nigrini, M., and L. Mittermaier. 1997. The Use of Benford’s Law as an Aid in Analytical Procedures. Auditing: A Journal of Practice & Theory 16 (2): 52–67.
a. What is the issue being addressed in the paper?
b. What are the findings of the paper?
c. Why is this paper important to auditors, and what are the implications of this paper for the auditing profession?
d. Describe the research methodology used as a basis for the conclusions.
e. Describe any limitations of the research.
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a The issue being addressed is the use of Digital Analysis by auditors in the planning stages of an audit as part of preliminary analytical procedures AU 329 requires auditors to use analytical proced... View full answer
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