National Repository of Grey Literature 3 records found  Search took 0.00 seconds. 
Importance of reference interest rates and LIBOR manipulation
Kolář, Petr ; Vejmělek, Jan (advisor) ; Šíma, Ondřej (referee)
This diploma thesis is focused on a role of reference interest rates in developed market economies. There are described interest rate transmission mechanism and discussed factors, which led to manipulation of the LIBOR. How the manipulation was done and what reactions of supervisory authorities it induced. There are also listed proposed recommendations to ensure transparent reference indicators. This work also includes analysis of reference interest rates used in the Czech Republic. At the end of the thesis can be found application of a reference rate fixing process in a game theory model as well as application of Benford´s law as an indicator of the manipulation.
Use of Benford's Law in election results analysis
Pikhart, Miroslav ; Holý, Vladimír (advisor) ; Zouhar, Jan (referee)
The topic of the thesis is introduction to Benford's law and its usage in forensic data analysis. First part of the thesis covers the theoretic basics and explains how conformity is tested. All introduced tests are then applied in second part, which works with two independent datasets. Russian presidental elections 2012, where several scientific articles discuss whether there was foul play involved or not. In comparsion, the second dataset contains czech presidental elections 2013, where no suspicions were ever raised. Both datasets are analyzed using the R software and it is shown that while the czech data indeed conforms to Benford's law, the russian data shows no conformity whatsoever. Also a mistake in one of the R packages used is found and an update is suggested.
The aplication of Benford's law in accounting and auditing
Kabourková, Lucie ; Procházka, David (advisor) ; Rada, Miroslav (referee)
This bachelor thesis focuses on the Benford's law, also called the First-Digit Law. The major objective of this study is to describe the application of the law customarily in accounting and auditing. It outlines possible complications in the practical application, but attempts to eliminate the aforementioned shortcomings. Selected financial statements served as subjects for the empirical part of the study. Financial statements are matched against the expected Benford's common distribution utilizing the Pearson's chi-squared test.

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