In the 30th session of Chandoo.org podcast, let's learn how to uncover fraud in data.

What is in this session?

In the wake of hedge fund scams, accounting frauds and globalization, We, analysts are constantly second guessing every source of data. So how do you answer a simple question like, "am I being lied to?" while looking at a set of numbers your supplier has sent you.

That is our topic for this podcast session.

In this podcast, you will learn

Quick announcements about 50 ways & 200k BRM

Introduction to fraud detection

5 techniques for detecting fraud

Benford's law

Auto correlation

Discontinuity at zero

Analysis of distribution

Learning systems & decision trees

Implementing these techniques in Excel

A word of caution