Beneish M-score: A measure of fraudulent financial transactions in global environment?

Research background: Earnings is a source of information for capital owners, potential investors, competitors, customer and supplier the company. Managers have direct motivation knowledge use adequate techniques to adjust legally reported earnings meet specific requirements company achieve stable financial results. Thus, management currently most provocative highly topical issue in field finance accounting at global perspective. Purpose article: The main purpose paper detect manipulation with sector economy, following principles reporting, reveal degree enterprises selected countries Visegrad grouping. Methods: model Beneish M-score applied using sectoral data compares level period 2015-2019. mathematical-statistical that uses ratios calculated enterprise aimed if an likely were manipulated. Findings & Value added: monitors development given (enterprises tend manage upwards), analyses influences macroeconomic factors on phenomenon management. detection by helps protect business partners against fraudulent behaviour, especially environment.