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Journal of Information and Organizational Sciences, Vol.35 No.2 Prosinac 2011.

Izvorni znanstveni članak

Analysis of Top 500 Central and East European Companies Net Income Using Benford's Law

Mario Žgela ; Croatian National Bank, Zagreb, Croatia
Jasminka Dobša ; Faculty of Organization and Informatics, University of Zagreb, Varaždin, Croatia

Puni tekst: engleski, pdf (304 KB) str. 215-228 preuzimanja: 271* citiraj
APA
Žgela, M., Dobša, J. (2011). Analysis of Top 500 Central and East European Companies Net Income Using Benford's Law. Journal of Information and Organizational Sciences, 35(2), 215-228. Preuzeto s http://hrcak.srce.hr/75210

Sažetak
There are numerous useful methods that can be conducted in data analysis in order to check data correctness and authenticity. One of contemporary and efficient methods is application of so-called Benford's Law. In this paper we examine ways of application of this law in investigation of specific net income number set. Our aim is to make a conclusion if this number set conforms to Benford's Law. An examination target focus is set on values of top 500 central and east European companies according to their income. Data set contains 1,500 records and spans through 3 years (2007, 2008 and 2009) including 500 net incomes per year. Research is based on net income profit and loss subsets as well as absolute values of net income. Analysis covers first digit Benford's Law test and proves conformance to Benford's Law of all observed subsets.

Ključne riječi
Benford's Law; first digit test; net income values analysis; data auditing

Hrčak ID: 75210

URI
http://hrcak.srce.hr/75210

Posjeta: 438 *