Beneish M Score
The Beneish M Score Model is a mathematical model that uses financial ratios and eight variables to identify whether a company has manipulated its earnings.
The basic theory that Beneish bases the ratio upon is that companies may be more likely to manipulate their profits if they show deteriorating gross margins, operating expenses and leverage both rising, along with significant sales growth. These factors may cause profit manipulation through various means.

Created by: Nikita
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