As the perpetrators of accounting fraud become ever more sophisticated in their techniques, fraud detection needs to step up its game. Thankfully, a group of researchers have devised a new machine learning ‘detective’ that is able to analyze not just fraud at a single firm, but predict likely fraud across whole supply chains and industries.
Machine learning technique predicts likely accounting fraud across supply chains
Reader’s Picks
-
“Birthrates are plummeting worldwide. Can governments turn the tide?” “The world is running out of children as global birth rates [...]
-
Scotland’s care system is taking years to find many of the country’s most vulnerable children permanent homes—and too many of [...]
-
Social media is negatively impacting the life satisfaction of Australian high school students, according to the latest findings from Australia’s [...]