Could globally used Beneish M-score predict the manipulation of the accounting statements in the Slovak republic?

Research background: Globalization is characteristic by many companies which are doing their business worldwide in various tax policies, so they able to use the possibilities of creative accounting for own benefit. And although term concerned mainly with multinational companies, it not an unknown technique also local companies. Purpose article: The PwC’s Global Economic Crime and Fraud Survey proved that economic crime constantly evolving worldwide. At present, there a huge number frauds, include corruption, misappropriation assets, or fraudulent reporting. These papers focused only on fraud as way adjust books reports. Methods: aim analyse detection ability Beneish M-score model specific condition Slovak republic. conditions consider minimization key factor implementation. analysis was made company legally convicted intentional manipulation statements. Findings & Value added: consideration republic showed best reveal frauds. As our study reveals, reduced M – score 5 unreliable 3 indicators redundant seems important carefully