Work

Use of Beneish M-Score: Case Study in the Spanish Fishing Sector

Year: 2025

Type: article

Abstract: The manipulation of financial statements is a practice used by companies to obtain illicit benefits or advantages over competitors. One of the world's largest bluefin tuna exporters is implicated in an alleged fraud case and accused of committing multiple crimes, including offenses against public safety and money laundering. This study analyzes the company's likelihood of fraud using the Beneish method, which detected potential accounting irregularities in five of the eight years examined (2015–2022). The findings appear to corroborate the fraud allegations against the company.

Source: International Journal of Economic Sciences

DOI: 10.31181/ijes1412025203

Authors: Raquel Fernández-González, Félix Puime-Guillén, Patricia Coloret Portela, Dragan Pamucar

Institutions: Universidade de Vigo, Universidade da Coruña, Korea University, University of Belgrade

Language: English

Topic: Auditing, Earnings Management, Governance

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Peace, justice, and strong institutions

Open Access status: diamond

Funders: Ministerio de Economía y Competitividad, Xunta de Galicia