BIST30 ŞİRKETLERİNİN BAZI FİNANSAL TABLO KALEMLERİNİN BENFORD YASASI İLE UYUMLULUĞU.

CAN, Esin Nesrin; ÖZARI, Çiğdem

Benford's law effectively identifies possible errors, fraud, and/or other irregularities. Auditors also prefer it because of its ease of applicability. Using this tool, auditors can determine whether the amounts in question have possible errors/fraud by examining the distribution of the amounts they examine using numerical analysis. In this study, by performing a numerical analysis, the elements of some statements of financial positions and income statements of non-bank companies traded in the Borsa Istanbul 30 Index were examined for 2016-2022 using Benford's law. In addition, the study period was split into 2016-2019 and 2020-2022, which are two separate periods before and after the Covid 2019 Pandemic. The first, second, third, and first two-digit tests, known as audit tests and used to determine the conformity of amounts with the law, were carried out. The conformity of the expected Benford values and the observed values were evaluated using the Chi-square test.

BENFORD'S law (Statistics); COVID-19; FINANCIAL statements; COVID-19 pandemic; FRAUD; NUMERICAL analysis

Financial Analysis / Mali Cozum Dergisi, 2023, Vol 33, Issue 177, p773

1303-5444

Academic Journal