fraud triangle financial statement
228927039
THE EFFECT OF FRAUD TRIANGLE IN DETECTING FINANCIAL STATEMENT FRAUD
Financial statements are a form of a report presented by a company that shows the financial performance of the company. In many cases of financial report fraud committed by Public Accounting Firm, they beautify the financial statements so that many investors are interested in the company. Therefore, this study aims to examine the influence of the Fraud Triangle factor in detecting fraudulent financial statements. The object of this study uses the financial statements of the Cigarettes and Cosmetics subsectors that are listed on the Indonesia Stock Exchange in the period 2016 2018. This study uses thirty sample data using purposive methods based on criteria. Data analysis using logistic linear regression analysis. The results showed that Rationalization had a significant effect on financial statement fraud. Meanwhile, Financial Stability, External Pressure, Personal Financial Need, Financial Targets, Ineffective Monitoring, Nature of Industry have no significant effect on financial statement fraud. Keywords Fraud, Pressure, Opportunity, Rationalization, Financial Statement Fraud
Zakharia Sabatian Francis M Hutabarat
229129366
DETECTION OF FINANCIAL STATEMENT FRAUD TRIANGLE (FRAUD TRIANGLE) IN LQ45 COMPANIES LISTED IN INDONESIA STOCK EXCHANGE
ABSTRACTFinancial Statement Fraud is a deliberate action taken by management by manipulating the value of financial statements to mislead users of financial statements. Information on the financial statements should describe the actual condition and financial performance of the company and do not contain information that is misleading to the user, but in reality, there are still many financial statements that do not inform the actual financial condition of the company. This research aims to detect fraudulent financial statements based on fraud analysis triangle, there are three conditions that are always present in every incident of fraud. The three conditions are pressure, opportunity, and rationalization. Based on the fraud triangle theory developed by Cressey, researchers develop variables that can be used to proxy the size of the fraud triangle component. Fraud on financial statements or financial statement fraud in this study was proxied by the fraud score model. The population of this study was LQ45 companies listing on the Indonesia Stock Exchange in 2014 2018. The sample selection is done by purposive sampling method and obtained as many as 20 company research samples. Hypothesis testing is done by multiple linear methods. The results showed that the financial stability variable which is proxied by changes in assets (ACHANGE) affects the financial statement fraud while the other variables have no effect.
iJTVet Publisher Abdul Rahim Abdul Rahman Deliana Deliana Nine Rihaney
230620250
ANALISIS FRAUD TRIANGLE UNTUK MENDETEKSI FINANCIAL STATEMENT FRAUD
This study is aimed to analyze the effect of fraud triangle to financial statement fraud on the manufacture companies listed on the Indonesian Stock Exchange in the period 2014 2018. Fraud Triangle on this study are pressure that proxied by financial target, financial stability, external pressure and personal financial need. Opportunity that proxied by ineffective monitoring and nature of industry. Rationalization that proxied by change of auditor. The sampling method in this study is purposive sampling. Total number of sample in this study are 112 samples. Financial statement fraud is obtained by Fscore. The analytical techniques conducted by descriptif statistic dan classical assumption test and also hypothesis was tested using multiple linier regresional method, Adjusted R2 test, F test and t test. The result showed that financial target, external pressure, personal financial and nature of industry significantly affect the financial statement fraud. Meanwhile, financial stability, ineffective monitoring and rationalization have not affected financial statement fraud
Akmalia Khoir Eny Kusumawati
219485641
THE INFLUENCE OF FRAUD TRIANGLE UPON THE EXISTENCE OF FINANCIAL STATEMENT FRAUD
This research is designed to find empirical evidence on the influence of fraud triangle factors upon the existence financial statement fraud in Indonesian Listed companies. The research samples are 105 public companies consisting 42 fraud firms and 63 non fraud firms. Classification between fraud firm and non fraud firm uses the Eckel index. The result indicate that: first, the external pressure variable that proxied by debt, personal need variable that proxied by insiders' stock ownership,and CEO's education, and inefective monitoring variable taht proxied by unexistence antifraud program and training have positive significant influence to the existence of financial statement fraud. Second, the personal financial need variable taht proxied by CEO's Tenure, the inefective monitoring variable that proxied by unexistence whistleblowing program, and rationalization variable that proxied by auditor change have negative significant to the existence of financial statement fraud. Third, simultaneously all independent variables have an influence to the existence of financial statement fraud. Keywords: financial statement fraud, income smoothing, fraud triangle.
Lutfiana Hermawati Murtanto Murtanto
225758774
Financial Statement Fraud Risk Factors of Fraud Triangle: Evidence From Indonesia
The purpose of this study is to examine the risk factors that influencing financial statement fraud. Especially, it examines the influence of rationalization, pressure, and opportunity on the fraudulent financial statements and also examines the interaction effect of industry risk and company size on the relationship between rationalization, pressure, and opportunity on financial statement fraud. Secondary data were collected from Bloemberg Data Base, IDX and OJK RI. The population in this study is companies listed on the Indonesia Stock Exchange in the moving year from 2011 to 2017 and the sample was selected by companies that indicated financial statement fraud and those that did not indicate financial statement fraud. The company indicated by Fraud was collected from Bapepam and OJK RI. Data were tested using logistic regression analysis and different T tests of 28 committed fraud companies and 28 companies that did not commit fraud. The results showed that only some variables had a significant effect on financial statement fraud, namely financial stability (ACHANGE) Financial Target (ROA) and the Nature of Industry (ARCHANGE) The results also show that company size and industry risk do not moderate the fraud factors on financial statement fraud. These results support the fraud triangle theory in explaining the phenomena of financial statement fraud.
Hasni Yusrianti Imam Ghozali Etna Nur Afri Yuyetta Aryanto Aryanto Eka Meirawati
218815075
FRAUD TRIANGLE ANALYSES IN DETECTING FRAUDULENT FINANCIAL STATEMENT USING FRAUD SCORE MODEL
Company's financial condition reflected in the financial statements. However, there are many loopholes in the financial statements which can become a chance for the management and certain parties to commit fraud on the financial statements. This study aims to detect financial statement fraud as measured using fraud score model that occurred in issuers entered into the LQ 45 index in 2014 2016 with the use of six independent variables are financial stability, external pressure, financial target, nature of industry, ineffective monitoring and rationalization. This study using 27 emiten of LQ 45 index during 2014 2016. However, there are some data outlier that shall be removed, thus sample results obtained 66 data from 25 companies. Multiple linear regression analysis were used in this study. The results showed that the financial stability variables (SATA) nature of industry (RECEIVBLE) ineffective monitoring (IND) and rationalization (ITRENDLB) proved to be influential or have the capability to detect financial statement fraud. While the external pressure variables (DER) and financial target (ROA) are not able to detect the existence of financial statement fraud. Simultaneously all variables in this study were able to detect significantly financial statement fraud.
Emmy Indrayani
214047814
Pengaruh Faktor Faktor Fraud Triangle Terhadap Financial Statement Fraud
Abstract. The purpose of this study is investigate the effect of fraud triangle factors on financial statement fraud using Beneish M Score to the manufacturing company listed on the Stock Exchange in 2016 2017. Fraud triangle consists of pressure (financial stability) opportunity (structure organization) and rationalization. The method of sampling used purposive sampling using 100 companies at 2016 2017. The analysis technique used panel data regression. The result of the study indicate fraud triangle simultaneously has a significant effect on financial statement fraud. Partially it can be concluded that the pressure has a signifant positive effect on financial statement fraud. Opportunity has a significant negative effect on financial statement fraud. Meanwhile, the rationalization has no effect on financial statement fraud. Keywords. fraud triangle; financial statement fraud Abstrak. Tujuan dari penelitian ini adalah untuk menginvestigasi pengaruh fraud triangle terhadap financial statement fraud dengan menggunakan Beneish M Score pada perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia Tahun 2016 2017. Fraud Triangle terdiri dari pressure (financial stability) opportunity (structure organization) dan rationalization. Metode pengambilan sampel menggunakan purposive sampling dengan jumlah sampel sebanyak 100 perusahaan pada tahun 2016 2017. Teknik analisis yang digunakan adalah regresi data panel. Hasil penelitian menunjukkan bahwa fraud triangle secara simultan berpengaruh signifikan terhadap financial statement fraud. Secara parsial dapat disimpulkan bahwa pressure berpengaruh positif signifikan terhadap financial statement fraud. Opportunity berpengaruh negatif signifikan terhadap financial statement fraud. Sementara itu, rationalization tidak berpengaruh terhadap financial statement fraud. Kata Kunci. fraud triangle; financial statement fraud
Dhea Violin Rahma Elly Suryani
214433142
Analisis Financial Statement Fraud dalam Perspektif Fraud Triangle (Studi pada Perusahaan Pertambangan yang Terdaftar di Bursa Efek Indonesia Periode 2015 2017)
ABSTRAK Kecurangan merupakan perbuatan yang disengaja seseorang atau kelompok untuk mendapat keuntungan. Kecurangan laporan keuangan merupakan salah satu jenis kecurangan yang sering terjadi. Kecurangan laporan keuangan dilakukan dengan menyajikan laporan keuangan lebih baik dan lebih buruk dari sebenarnya. Penelitian ini bertujuan untuk mengetahui pengaruh External Pressure (LEV) Ineffective Monitoring (BDOUT) dan Change in Auditor (AUDCHANGE) terhadap pendeteksian kecurangan laporan keuangan pada perusahaan pertambangan yang terdaftar di BEI tahun 2015 2017. Data yang digunakan dalam penelitian diperoleh dari laporan keuangan. Populasi dalam penelitian adalah Perusahaan Pertambangan. Teknik pemilihan sampel yang digunakan yaitu purposive sampling dan diperoleh 14 perusahaan dengan periode 2015 2017. Metode analisis data dalam penelitian ini adalah regresi data panel dengan menggunakan software EVIEWS 10. Hasil penelitian ini menunjukkan bahwa secara simultan External Pressure (LEV) Ineffective Monitoring (BDOUT) dan Change in Auditor (AUDCHANGE) tidak berpengaruh signifikan terhadap pendeteksian kecurangan laporan keuangan. Sedangkan secara parsial, External Pressure (LEV) berpengaruh terhadap pendeteksian Kecurangan Laporan Keuangan, dan Ineffective Monitoring (BDOUT) Change in Auditor (AUDCHANGE) tidak berpengaruh terhadap pendeteksian Kecurangan Laporan Keuangan. Kata kunci Tekanan Eksternal, Efektivitas Pengawasan, Pergantian Auditor, Pendeteksian Kecurangan Laporan Keuangan ABSTRACT Fraud is an intentional act of a person or group to get profit. Financial statements fraud is one type of fraud that often occurs. Financial statements fraud are done by presenting financial statements that are better and worse than they really are. This study aims to determine the effect of External Pressure (LEV) Ineffective Monitoring (BDOUT) and Change in Auditor (AUDCHANGE) on the detection of financial statement fraud on mining companies listed on the Indonesia Stock Exchange in 2015 2017. Data used in the study were obtained from financial statements The population in this study is the Mining Company. The sample selection technique used was purposive sampling and obtained 14 companies in the 2015 2017 period. The data analysis method in this study was panel data regression using EVIEWS 10 software. The results of this study indicate that simultaneous External Pressure (LEV) Effective Monitoring (BDOUT) and Change in Auditor (AUDCHANGE) have no significant effect on the detection of financial statement fraud. While partially, External Pressure (LEV) affects ISSN 2355 9357 e Proceeding of Management Vol.7, No.1 April 2020 Page 618 the detection of Financial Statement Fraud, and Ineffective Monitoring (BDOUT) Change in Auditor (AUDCHANGE) does not affect the detection of Financial Statement Fraud. Keywords: External Pressure, Ineffective Monitoring, Change in Auditor, Detection of Financial Statement Fraud
Desti Anzani
204490017
PENGARUH FINANCIAL STABILITY, FINANCIAL TARGET, PERSONAL FINANCIAL NEED, NATURE OF INDUSTRY DAN RATIONALIZATION PADA FINANCIAL STATEMENT FRAUD DALAM PERSPEKTIF FRAUD TRIANGLE (Studi Empiris pada Perusahaan Property, Real Estate and Building Construction)
The aim of this research is to analyze the effects of financial stability, financial target, personal financial need, nature of industry, and rationalization on financial statement fraud with indicator accrual earnings management. The sample of this research are property, real estate and building construction companies listed on Indonesia Stock Exchange (IDX) in 2015 to 2017 periods. The results of these research indicate Financial Stability ,with 0,000 and giving a significant value. Meanwhile, precentaage of financial target,Personal financial need,nature of industry and Rationalization has no significant impact on financial statement fraud (accrual earnings management) Keywords: Financial Statement Fraud, Accrual Earnings Management, Fraud Triangle, Financial Stability, Financial Target, Personal Financial Need, Nature of Industry, Rationalization. Tujuan dari penelitian ini adalah untuk menganalisis pengaruh Financial Stability,Financial Target,Personal Financial Need,Nature of Industry, dan Rationalization pada Financial Statement Fraud dengan indikator manajemen laba akrual. Sampel dalam penelitian ini adalah perusahaan properti, real estat dan konstruksi bangunan yang terdaftar di Bursa Efek Indonesia (BEI) periode 2015 2017. Hasil penelitian ini menunjukkan Financial Stability, dengan 0,000 memberikan nilai yang signifikan. Sementara itu,Financial Target,Personal Financial Need,Nature of Industry dan Rationalization tidak memiliki dampak yang signifikan terhadap Financial Statement Fraud (manajemen laba akrual) Kata Kunci: Financial Statement Fraud, Accrual Earnings Management, Fraud Triangle, Financial Stability, Financial Target, Personal Financial Need, Nature of Industry, Rationalization.
Rico Januar Yulianto
219825007
Pengaruh fraud triangle terhadap risiko terjadinya fraudulent financial statement dengan fraud score model
Tujuan penelitian ini adalah untuk menguji pengaruh fraud triangle terhadap risiko terjadinya fraudulent financial statement dengan menggunakan fraud score model. Penelitian ini terdiri dari variabel terikat, variabel bebas dan variable kontrol. Variabel terikat yang digunakan adalah fraudulent financial statement. Sedangkan untuk variabel bebas pada penelitian ini adalah financial stability, excessive pressure, personal financial need, financial target, ineffective monitoring dan rationalization. Sedangkan, variabel kontrol yang digunakan pada penelitian ini adalah firm size yang diukur dengan logaritma natural total aset perusahaan. Penelitian ini mengambil sampel dari perusahaan perusahaan manufaktur subsektor barang konsumsi dan kimia yang terdaftar di Bursa Efek Indonesia dari tahun 2014 2018 dengan jumlah 76 perusahaan dan total 353 observasi. Data yang digunakan adalah data dari laporan keuangan yang telah diaudit yang berakhir pada tanggal 31 Desember. Penelitian ini menggunakan model regresi berganda yang dimanadigunakan untuk menunjukkan hubungan langsung antara variabel terikat. Pengolahan data dilakukan dengan menggunakan program Stata versi 12. Hasil analisis menunjukkan bahwa secara simultan, seluruh variabel bebas memiliki pengaruh signifikan terhadap fraudulent financial statement. Secara parsial, financial stability, excessive pressure, financial target dan firm size yang memiliki pengaruh signifikan terhadap fraudulent financial statement sedangkan Personal Financial Need, Ineffective Monitoring, dan Rationalization tidak memiliki pengaruh signifikan terhadap fraudulent financial statement. This study aims to determine the effect of fraud triangle on fraudelent financial statement using the Fraud Score Model. This study consisted of dependent variable, independent variables and control variable. The dependent variable that was used in this study is Fraudulent Financial Statement that proxied by RSST accrual. Whereas the independent variables in this study are financial stability, excessive pressure, personal financial need, financial target, ineffective monitoring dan rationalization. Meanwhile, the control variable used in this study is firmsize that proxied by natural logaritma of total asset. The population of this study was manufacturing company in consumer goods and chemical subsectors listed on the Indonesia Stock Exchange in 2014 2018. Total samples were 76 companies and 353 total observation. The data used are from audited financial statement which ended on December 31. This study uses a multiple regression model which is used to show a direct relationship between the variables. The data processed using the Stata version 12 program. The overall results of the analysis showed that the independent variables had a significant effect on fraudulent financial statements. Partially, financial stability, excessive pressure, financial targets and company size have a significant effect on fraudulent financial statements while Personal Financial Needs, Ineffective Monitoring, and Rationalization have no significant effect on fraudulent financial statements.
Karin Abiwardani Helen Helen Sephilla Yenandra