Fraud Risk Metrics

Overview

From the Fraud Risk Metrics endpoint, you can retrieve the fraud score and metrics for a business. See Financial Fraud Risk endpoint for more details.

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Data Dependencies

Fraud Risk Metrics have a start and an end date. For a given timeframe, the fraud risk metrics are dependent on the financial statements that exist up to that startDate (inclusive). Missing dependencies may result in incomplete fraud metrics.

Data Model

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All fraud risk metrics objects are part of an array of reports. See Reports data type for more details on the report structure and its meta-data.

Field

Type

Description

benfordLawScore
sortable

decimal

Benford Law Score from 0 to 100. A score of 100 implies perfect conformity to the distribution of first digits defined by Benford's law.

outlierScore
sortable

decimal

The average of outlier scores for all the accounting transactions, ranging from 0 to 1. A transaction is considered an outlier if it has an individual outlier score of above 0.6. An average above 0.4 most of the times will imply a lot or big outliers in the dataset. (Optional field, conditional on Accounting Transactions having section, group and type and at least 10 transactions).

outlierRatio
sortable

decimal

The number of outlier transactions divided by the total number of transactions. (Optional field, conditional on Accounting Transactions having section, group and type and at least 10 transactions).

outlierTransactions

array

An array of outlier transactions. List of outlier transactions, defined as having a score greater than 0.6.

transactionKeywords

array

An array of transaction keywords. Count of transactions with keyword ("chargeback", "owner"), grouped by transaction type. (Optional field, conditional on Accounting Transactions having section, group and type and at least 10 transactions with 3 different types).

transactionsSectionStats

array

An array of transaction section stats. Count of transactions with Railz section account classification. (Optional field, conditional on Accounting Transactions having section, group and type and at least 10 transactions).

transactionPatterns

array

The top 5 transaction patterns, defined as a transaction with the same amount for the same subGroup that exists in more than one month. (Optional field, conditional on Accounting Transactions having section, group and type and at least 10 transactions).

currentRatioDelta
sortable

decimal

Rate of change for Current Ratio over the two most recent reporting periods. (Optional field, conditional on currentRatio existing in Financial Ratios).

quickRatioDelta
sortable

decimal

Rate of change for Quick Ratio over the two most recent reporting periods. (Optional field, conditional on quickRatio existing in Financial Ratios).

debtToEquityRatioDelta
sortable

decimal

Rate of change for Debt-to-Equity Ratio over the two most recent reporting periods. (Optional field, conditional on debtToEquityRatio existing in Financial Ratios).

netProfitMarginRatioDelta
sortable

decimal

Rate of change for Net Profit Margin over the two most recent reporting periods. (Optional field, conditional on netProfitMarginRatio existing in Financial Ratios).

Outlier Transactions

Field

Type

Description

id

string

Accounting transaction id.

Transaction Keywords

Field

Type

Description

type

string

Transaction type.

count

integer

Count of unique transaction type and keyword combination.

Transaction Section Stats

Field

Type

Description

section

string

Highest level classification of an account. See Chart of Accounts.

count

integer

The number of occurrences of transactions with section account classification.

sdev

decimal

Standard deviation of transaction amounts per section account classification.

Transaction Patterns

Field

Type

Description

repetitionPattern

string

Repetition pattern.

count

integer

Number of occurrences for the group and amount pairing.

Example Data

{
  "data":
  [
    {
      "benfordLawScore": 20.92,
      "outlierScore": 0.659176337,
      "outlierRatio": 0.093829111,
      "outlierTransactions":
      [
        {
          "id": "nt"
        }
      ],
      "transactionKeywords":
      [
        {
          "type": "bill",
          "count": 1
        }
      ],
      "transactionsSectionStats":
      [
        {
          "section": "Expenses",
          "count": 4,
          "sdev": 39.82
        }
      ],
      "transactionPatterns":
      [
        {
          "repetitionPattern": "Accounts Payables 113.71",
          "count": 3
        }
      ],
      "currentRatioDelta": 1,
      "quickRatioDelta": 1,
      "debtToEquityRatioDelta": 1,
      "netProfitMarginRatioDelta": 1
    }
  ]
}

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