Presents a statistical auditing system which gives a methodology for statistical analysis of international trade prices. Discusses how this can help governments and international lending agencies, or internationally trading firms, determine the optimal level of audits and physical inspections of...

Purpose – The purpose of this paper is to identify capital flows due to trade misinvoicing in 30 African nations. Design/methodology/approach – Data from 30 African nations were examined for deviations from average import and export prices as an indicator of capital flows This paper uses US...