Application Of The Beneish M-Score And Z-Score Models In Soe Companies

Abstrak

Financial reports, such as BUMN's financial statements, offer an overview of the company's financial status. BUMN enterprises are frequently perceived as having less transparency in their financial reporting. As a result, state-owned enterprises are more prone to financial statement fraud. Furthermore, state-owned enterprises are frequently overly reliant on the government, both in terms of regulation and finance; this reliance contributes to misleading financial statements. The purpose of this research is to gather data on the utilization of the Beneish M-Score model and the Altman Z-Score model in detecting financial statement fraud in state-owned enterprises from 2008 to 2021. This study employs descriptive statistics and secondary data types. The study's findings include the Z-Score, which indicates an unhealthy company condition; Unsound financial conditions are not the only factor that causes companies to manipulate financial reports; Unsound financial health conditions are not always a factor that causes companies to manipulate financial reports; Financial manipulation by companies frequently has a negative impact on the company's financial condition in the future.