Here is a model used to determine whether a company is fraudulently manipulating its financials or not. We utilize this model over a few companies during this live project, it will aid us in choosing clean companies rather than those where we have a shade of doubt.
The Beneish - M Score Model was created to identify fraud. Its a must have tool in the arsenal of a credit research analyst and also an equity research analyst. This live project focuses on running this model over the financials of a few companies and finding out their M Scores.