Fall 2000 Seminar Series - October 12, 2000
University of Minnesota
School of Statistics
College of Liberal Arts

Some Statistical Issues Related to Audit Data

Adelchi Azzalini
Department of Statistical Science
University of Padua, Italy

Thursday, October 12, 2000
4:00 PM
309 Akerman Hall
Minneapolis, East Bank Campus
Social at 3:30 PM, 300 Ford Hall

Abstract

Data produced by auditing of financial accounts give rise to interesting statistical issues; many of these are not satisfactorily handled by standard statistical procedure, and special methods are required, but largely not yet developed. The talk has two main aims: (i) to introduce the context of audit data, and some of the associated statistical problems; (ii) to present a specific instance of the above framework, and discuss a proposed solution. This applied problem originated in connection with the clearance of accounts of national agencies of European countries carried out by the European Commission.