Dampak dari auditor quality, financial stability, dan financial target terhadap fraudulent financial reporting

ABSTRACTFraudulent Financial Reporting is a deliberate attempt by a company to deceive and mislead users of financial statements, especially investors and creditors, by presenting and manipulating the material value of financial statements. This study aims to determine how the auditor's opinion can moderate the comparative analysis of the pentagon fraud with the beneish ratio in the detection of fraudulent financial reporting. The type of data used in this study is comparative quantitative data. The data source in this study is secondary data. The population in this study are banking companies listed on the IDX. With a sample of 16 publicly traded companies engaged in financial and banking institutions and were listed on the Indonesia Stock Exchange in 2014-2017. The results of this study indicate that of 64 samples there were 12.5% which indicated that the financial statements had been manipulated. Auditor opinions can increase the influence of Financial Stability, external auditor quality, change in auditor, change of directors, days sales in receivables index, sales gross margin Index, Asset Quality Index, growth index, depreciation index, sales, and general administration expenses index, leverage index, total accrual to fraudulent financial reporting. Beneish Ratio affects Fraudulent Financial Reporting while Fraud Pentagon does not affect Fraudulent Financial Reporting

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Fraudulent Financial Reporting: An Application of Fraud Pentagon Theory to Association of Southeast Asian Nations Corporate Governance Scorecard

Journal of Advanced Research in Law and Economics ◽

10.14505//jarle.v9.5(35).26 ◽

2019 ◽

Vol 9 (5) ◽

pp. 1729 ◽

Cited By ~ 1

Author(s):

Imang Dapit PAMUNGKAS ◽

St. Dwiarso UTOMO

Keyword(s):

Corporate Governance ◽

Financial Reporting ◽

Financial Stability ◽

Sampling Technique ◽

External Pressure ◽

Managerial Ownership ◽

Fraudulent Financial Reporting ◽

Audit Opinion ◽

Opinion Change ◽

Insignificant Effect

This study aims to detect and examine fraudulent financial reporting by applying fraud pentagon theory to all companies implementing the Association of Southeast Asian Nations (ASEAN) Corporate Governance Scorecard in Indonesia. This study has the following objectives: to examine and analyze the effect of financial stability, external pressure, financial target, nature of industry, audit opinion, change of directors, managerial ownership against fraudulent financial reporting. In this research, we use correlation research type. The population of this sample is all sectors of companies listed on the Indonesia Stock Exchange. Using sampling technique in the form of Purposive Sampling Technique applying ASEAN Corporate Governance Scorecard in Indonesia with research period of 2012 to 2016, which produce 30 samples, multiple linear regression analysis using SPSS version 22. The results of this study found that financial stability, managerial ownership has a negative and insignificant effect on fraudulent financial reporting. External pressure, nature of industry has a negative and significant effect on fraudulent financial reporting. Financial Target, Audit Opinion, Change of Directors has a positive and insignificant effect on Fraudulent Financial Reporting.

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Fraudulent Financial Reporting Based of Fraud Diamond Theory: A Study of the Banking Sector in Indonesia

JIAFE (Jurnal Ilmiah Akuntansi Fakultas Ekonomi) ◽

10.34204/jiafe.v4i2.1112 ◽

2019 ◽

Vol 4 (2) ◽

pp. 135-150

Author(s):

Tarmizi Achmad ◽

Imang Dapit Pamungkas

Keyword(s):

Regression Analysis ◽

Financial Reporting ◽

Financial Stability ◽

Banking Sector ◽

Negative Impact ◽

Total Sample ◽

External Pressure ◽

Fraudulent Financial Reporting ◽

External Variables ◽

Positive Effect

The research aims to analyse whether external pressure, financial stability, financial targets, ineffective monitoring, rationalization and capability effect on fraudulent financial reporting. The population this study is banking company listed on the Indonesia Sctock Exchange with a total sample of 87 banking companies in 2011-2016. Based on the results of research using regression analysis, only external variables of incentive and financial targets have a positive effect on fraudulent financial reporting. Meanwhile, financial stability and capability have a negative impact on fraudulent financial reporting. Further, other variables such as ineffective monitoring and rationalization do not affect fraudulent financial reporting.

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Faktor-Faktor Yang Mempengaruhi Fraudulent Financial Reporting

Akuntabilitas ◽

10.15408/akt.v14i2.22557 ◽

2021 ◽

Vol 14 (2) ◽

pp. 139-152

Author(s):

Wulanda Maya Sari ◽

Anik Irawati

Keyword(s):

Logistic Regression ◽

Data Analysis ◽

Financial Reporting ◽

Financial Stability ◽

Stock Exchange ◽

External Pressure ◽

Analysis Method ◽

Fraudulent Financial Reporting ◽

Spss Software ◽

Score Model

This study aims to empirically prove the influence of financial stability, external pressure, and ineffective monitoring on fraudulent financial reporting. Financial stability was measured using a comparison of total assets. External pressure was measured using leverage. Meanwhile, ineffective monitoring was measured using the ratio of independent commissioners’ number. The dependent variable in this study was fraudulent financial reporting. It was measured using the F-Score Model. The sample in this study were 21 State Owned Enterprises (BUMN) listed on Indonesia Stock Exchange in period of 2017-2019. The data analysis method used in this study was Logistic Regression using SPSS software version 20. The results of this study indicate that financial stability has no influence on fraudulent financial reporting. Meanwhile, external pressure and ineffective monitoring influence fraudulent financial reporting.How to cite:Sari, W. M., & Irawati, A. (2021). Faktor-faktor yang Mempengaruhi Fraudulent Financial Reporting. Akuntabilitas: Jurnal Ilmu Akuntansi, 14(2), 139-152.

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ANALISIS ELEMEN-ELEMEN FRAUD PENTAGON SEBAGAI DETERMINAN FRAUDULENT FINANCIAL REPORTING

KEBERLANJUTAN ◽

10.32493/keberlanjutan.v3i2.y2018.p950-969 ◽

2018 ◽

Vol 3 (2) ◽

pp. 950

Author(s):

Khusnatul Zulfa ◽

Amira Bayagub

Keyword(s):

Real Estate ◽

Financial Reporting ◽

Financial Stability ◽

Linear Regression Analysis ◽

Institutional Ownership ◽

External Pressure ◽

Fraudulent Financial Reporting ◽

Auditor Change ◽

External Auditor

AbstractThis study aims to examine the influence of externalxpressure, institutionalownership, xfinancial stability, xquality of external auditor, xchange inxauditor, change in director and frequentxnumber of CEO’s picture on the fraudulent financial reporting among the property and real estate firms listed in Indonesia stock exchange during 2014-2016. The data used in this study is secondary data obtained from the firms’ annual report which was accessed through www.idx.co.id. The data analysis method used in this study is multiple linear regression analysis. SPSS ver 2.0 was used to analyze the data. The samples were selected using a non-probability sampling technique with a purposive sampling method and obtained a sample of 41 property and real estate companies during 2014-2016. The results of variable test indicates that external pressure and change in director partially influences fraudulent financial reporting, while institutional ownership, financial stability, quality of external auditor, change in auditor, and frequent number of CEO’s picture partially does not influence fraudulent financial reporting. The Simultaneous test shows that external pressure, institutional ownership, financial stability, quality of external auditor, change in auditor, change in director and frequent number of CEO’s picture Keywords: External Pressure, Institutional Ownership, Financial Stability, Quality of External Auditor, Change in Auditor, Change in Director, Frequent Number of CEO’s Picture, Fraudulent Financial Reporting.

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DETERMINAN KECURANGAN LAPORAN KEUANGAN

account ◽

10.32722/acc.v6i2.2481 ◽

2019 ◽

Vol 6 (2) ◽

Author(s):

Rousilita Suhendah

Keyword(s):

Regression Analysis ◽

Financial Reporting ◽

Financial Stability ◽

Stock Exchange ◽

Financial Statement ◽

Analysis Tool ◽

Fraudulent Financial Reporting ◽

Financial Leverage ◽

Binary Regression Analysis ◽

Research Show

DETERMINAN KECURANGAN LAPORAN KEUANGAN Rousilita Suhendah [email protected] Program Studi Akuntansi Universitas Tarumanagara Jakarta ABSTRACT The purpose of this research is to examine the effect of financial stability, financial leverageand liquidity to Fraudulent financial statement. This research uses sample of manufacturing companiesdata that listed on the Indonesian Stock Exchange for the period 2014 – 2017. This research measuresfraudulent financial statement quality by using M-Beneish Score. Data in this research are analyzedusing logistic binary regression analysis. Analysis tool used by this research is IBM SPSS Statistics 23program. The results of this research show that the financial leverage and liquidity do not have effectto fraudulent financial statement, but financial stability has positive significantly effect to fraudulentfinancial statement Keywords: fraudulent financial reporting, financial stability, financial leverage, liquidity ABSTRAKTujuan penelitian ini adalah untuk menguji pengaruh stabilitas keuangan, leverage keuangandan likuiditas terhadap kecurangan laporan keuangan. Penelitian ini menggunakan sampel dataperusahaan manufaktur yang terdaftar di Bursa Efek Indonesia untuk periode 2014-2017. Penelitianini mengukur kecurangan laporan keuangan dengan menggunakan M-Beneish Score. Data penelitianini dianalisis menggunakan analisis regresi logistik. Alat analisis yang digunakan oleh penelitian iniadalah program IBM SPSS Statistics 23. Hasil penelitian ini menunjukkan bahwa leverage keuangandan likuiditas tidak berpengaruh terhadap kecurangan laporan keuangan, tetapi stabilitas keuanganberpengaruh positif signifikan terhadap kecurangan laporan keuangan. Kata kunci: kecurangan laporan keuangan, stabilitas keuangan, leverage keuangan, likuiditas

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FRAUDULENT FINANCIAL REPORTING ON PROPERTY, REAL ESTATE, AND BUILDING CONSTRUCTION COMPANIES

Assets Jurnal Akuntansi dan Pendidikan ◽

10.25273/jap.v10i2.5401 ◽

2021 ◽

Vol 10 (2) ◽

pp. 132

Author(s):

Anik Mega Cahyani ◽

Elva Nuraina ◽

Farida Styaningrum

Keyword(s):

Real Estate ◽

Financial Reporting ◽

Financial Stability ◽

External Pressure ◽

Building Construction ◽

Fraudulent Financial Reporting ◽

Purposive Sampling ◽

External Auditors ◽

Construction Companies ◽

Data Collection Technique

ABSTRACTThe purpose of this research is to detect fraudulent financial reporting in the property, real estate, and building construction sectors listed on the IDX based on the perspective of the fraud pentagon theory. The data collection technique used purposive sampling and data analysis using logistic regression. The results indicate that external pressure factors, ineffective monitoring, quality of external auditors, auditor turnover, rationalization proxied by auditor opinion, change of directors, and political connections affected FFR. Meanwhile, financial target factors, financial stability, institutional ownership, and the frequency of the appearance of the CEO image in the annual report do not affect FFR.ABSTRAKPenelitian ini bertujuan untuk mendeteksi kecurangan pelaporan keuangan pada sektor properti, real estate, dan konstruksi bangunan yang terdaftar di BEI berdasar perspektif teori fraud pentagon. Pengumpulan data menggunakan teknik purposive sampling dan analisis data menggunakan regresi logistik. Hasil penelitian menunjukkan bahwa faktor tekanan eksternal, pengawasan yang tidak efektif, kualitas auditor eksternal, pergantian auditor, rasionalisasi yang diproksikan dengan opini auditor, pergantian direksi, dan hubungan politik berpengaruh terhadap FFR. Sedangkan faktor target keuangan, stabilitas keuangan, kepemilikan institusional, dan frekuensi kemunculan gambar CEO dalam laporan tahunan tidak berpengaruh terhadap FFR.

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ANALISIS PENGARUH FRAUD PENTAGON DALAM MENDETEKSI FRAUDULENT FINANCIAL REPORTING PADA PERUSAHAAN JASA NONKEUANGAN

Jurnal Manajemen ◽

10.31937/manajemen.v12i1.1596 ◽

2020 ◽

Vol 12 (1) ◽

pp. 104-124

Author(s):

Yuliamos Tirta Wijaya Pasaribu ◽

Synthia Madya Kusumawati ◽

L. Jade Faliany

Keyword(s):

Financial Reporting ◽

Financial Stability ◽

Stock Exchange ◽

Secondary Data ◽

Financial Statements ◽

External Pressure ◽

Annual Reports ◽

Fraudulent Financial Reporting ◽

Service Companies ◽

Positive Effect

Abstract– This research aimed at analyzing the effect of fraud pentagon proxied by nine variables, namely financial stability, personal financial needs, external pressure, financial targets, ineffective monitoring, industry characteristics, auditor changes, director changes, and frequent number of CEO’s picture towards fraudulent financial reporting proxied by Beneish M-Score at non-financial service companies listed on the Indonesia Stock Exchange (IDX) period 2015-2017. The data used were secondary data obtained from annual reports and financial statements of nonfinancial service companies period 2015-2017 with a total of 285 eligible samples. The data analysis methods used were descriptive statistical analysis and logistic regression analysis. The results showed that the variables of financial stability and the nature of the industry generated a significant and positive effect on fraudulent financial reporting. Meanwhile, the variables of personal financial needs, external pressure, financial targets, ineffective monitoring, auditor changes, director changes, and often the CEO's image were not significant to fraudulent financial reporting. Keywords: Fraud Pentagon, Fradulent Financial Reporting, Beneish M-Score

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Detecting the Likelihood of Fraudulent Financial Reporting: An Analysis of Fraud Diamond

Asia-Pacific Management Accounting Journal ◽

10.24191/apmaj.v14i1-03 ◽

2019 ◽

Vol 14 (1) ◽

pp. 43-68

Author(s):

Reni Yendrawati ◽

◽

Huda Aulia ◽

Hendi Yogi Prabowo ◽

◽

...

Keyword(s):

Earnings Management ◽

Financial Reporting ◽

Financial Stability ◽

Stock Exchange ◽

External Pressure ◽

Financial Statement ◽

Manufacturing Companies ◽

Fraudulent Financial Reporting ◽

Research Findings ◽

Pressure Factor

This paper aims to analyze the likelihood of fraudulent financial reporting using the fraud diamond analysis. Fraud diamond is a concept explaining factors that cause someone to commit fraud, namely pressure, opportunity, rationalization, and capability. In this research, pressure factor was proxied by using financial stability, external pressure, and financial target. Opportunity factor was proxied by using the nature of industry and effectiveness of monitoring. Rationalization factor was proxied by rationalization and capability was proxied by capability. This research made use of earnings management to discover the likelihood of financial statement frauds. Earnings management was measured by using F-score indicator. The population in this research were manufacturing companies listed on the Indonesian Stock Exchange (IDX) from the year 2014 – 2016. From the population, 31 companies were selected as the research samples by using the purposive sampling method. This quantitative method-using research was analyzed using multiple regression analysis and T-tests for hypotheses testing. The research findings reveal that only the opportunity variable proxied by industrial nature is proven to have an influence in detecting the likelihood of fraudulent financial reporting. In the meantime, other variables have no influence in detecting the likelihood of fraudulent financial reporting. Keywords: fraud diamond, likelihood of fraudulent financial reporting, f-score

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Determinan Fraudulent Financial Reporting Using Fraud Pentagon Analysis

Journal of Auditing Finance and Forensic Accounting ◽

10.21107/jaffa.v6i2.4938 ◽

2019 ◽

Vol 6 (2) ◽

pp. 105-114

Author(s):

Fidyah Quraini ◽

Yuni Rimawati

Keyword(s):

Financial Reporting ◽

Financial Stability ◽

Stock Exchange ◽

Institutional Ownership ◽

External Pressure ◽

Fraudulent Financial Reporting ◽

Financial Report ◽

External Auditors ◽

Monitoring Quality

This research aimed at knowing factors of fraudulent financial reporting using pentagon fraud analysis. This research analyzed the influence of financial target, financial stability, external pressure, institutional ownership, ineffective monitoring, quality of external auditors, change of auditors, change of directors, and number of CEO’s picture in fraudulent financial report. Sample in this research were 14 go public government companies from 2013 to 2017. Source of data in this research were secondary data in form of annual report in official website of Indonesia Stock Exchange. The examination of this research used logistic regression. The result of this study showed that the influence of external pressure expected fraudulent financial report, while financial target, financial stability, institutional ownership, ineffective monitoring, quality of external auditors, changing auditors, changing directors, and a number of CEO’s picture often did not influence the fraudulent financial reporting.

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