An Investigation of Nature Laws for Fraud Detection Content

Prof. Shi-Ming Huang

Fraud risk and Compliance risk are higher than ever before. Many countries have issued new business acts to build a fair and ethic-able business environment. Unfortunately, many auditors lack the expertise to deal with the related risks. The purpose of this speech is to assist auditors in reviewing the overwhelming volumes of datasets and identifying any potential fraud records. The objectives of this speech will high light are to develop an innovative fraud detection mechanism on the basis of Benford Law and Zipf's Law. It will shows how auditors can use Computer-Assisted Audit Techniques and Tools (CAATTs) to assist them in fraud detection by several real cases in ASIA.