Is Beneish M-score model appropriate for measuring fraudulent reporting in a bank?

The Beneish model's eight variables are:

1. DSRI: Days' sales in a receivable index 2. GMI: Gross margin index 3. AQI: Asset quality index 4. SGI: Sales growth index 5. DEPI: Depreciation index 6. SGAI: Sales and general and administrative expenses index 7. LVGI: Leverage index 8. TATA: Total accruals to total assets

How appropriate is to use these variables which are mostly focused on manufacturing concern.

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