From the literature review the modified Jones model by Dechow et al. (1995) is the robust model to detect discretionary accruals, but for developing countries, Yoon et al., (2006) did extended to modified Jones model and they mentioned that this model is better than modified Joned model to detect discretionary accruals in Asian countries.The following is the article of Yoon et al., (2006).

Best Regards

Thanks Ahmed Hussein Al-Rassas

You are welcome Pranesh Debnath.

Always use multiple methods for sensitivity analysis for robustness of the results.

Accruals accounting provides opportunity for managers to estimate and judges for recording transaction to measure true performance and provide a true and fair view of the assets and liabilities in the financial statements. Unscrupulous managers use their opportunism in preparing financial statements. We can estimate accruals from business cycle by using different established model. We also calculate the accruals from financial statements. The difference between these two accruals is called corporate accruals (discretionary accruals). We termed discretionary accruals as corporate accruals because this accruals is created by the choice of corporate body.  Jones model (1991) and modified Jones model (1996) do not consider  the corporate performance. Kothari-Jones model (2005) considers the performance. It is also called performance matched model. You can go through the following articles for your understanding:

All above articles are available on Research Gate.