Benford's law - using mathematics to detect accounting fraud (Excel)

How did Ben Affleck detect manipulations in transaction data in The Accountant (2016)? Turns out he was resorting to a well-known statistical technique in forensic accounting - Benford's law. Today we will learn how to applying Benford's law in Excel to inform our suspicions regarding manipulations with disclosure ourselves. Don't forget to subscribe to NEDL and give this video a thumbs up for more videos in Finance! Please consider supporting NEDL on Patreon:   / nedleducation