Beneish M-Score Calculator
Calculate the Beneish M-Score to detect potential earnings manipulation in financial statements.
How to Use the Beneish M-Score Calculator
- Enter DSRI (current year receivables ratio / prior year).
- Enter GMI, AQI, and SGI indices.
- Enter DEPI and SGAI indices.
- Click Calculate.
Casos de Uso
- •Fraud detection
- •Financial statement analysis
- •Audit risk assessment
Fórmula
M = -4.84 + 0.92×DSRI + 0.528×GMI + 0.404×AQI + 0.892×SGI + 0.115×DEPI - 0.172×SGAI
Preguntas Frecuentes
What does the M-Score detect?
The M-Score is designed to detect earnings manipulation. A score above -1.78 suggests possible manipulation.
How reliable is the M-Score?
Studies show it correctly flagged companies like Enron and WorldCom before their scandals.
Is this calculator free?
Yes, all calculators are completely free.