Research Article
Fraud Analysis of Financial Statements Based on the Fraud Triangle Method in BUMN Companies Listed on the IDX for the 2014-2018 Period
@INPROCEEDINGS{10.4108/eai.30-11-2020.2303729, author={Jahrotun Annisa and Ratna Ambar Mintarsih}, title={Fraud Analysis of Financial Statements Based on the Fraud Triangle Method in BUMN Companies Listed on the IDX for the 2014-2018 Period}, proceedings={Proceedings of the 1st International Conference on Social Science, Humanities, Education and Society Development, ICONS 2020, 30 November, Tegal, Indonesia}, publisher={EAI}, proceedings_a={ICONS}, year={2021}, month={1}, keywords={fraudulent financial statements financial stability financial targets industrial conditions ineffective supervision auditor change}, doi={10.4108/eai.30-11-2020.2303729} }- Jahrotun Annisa
Ratna Ambar Mintarsih
Year: 2021
Fraud Analysis of Financial Statements Based on the Fraud Triangle Method in BUMN Companies Listed on the IDX for the 2014-2018 Period
ICONS
EAI
DOI: 10.4108/eai.30-11-2020.2303729
Abstract
Fraud in financial statements can cause financial losses and decrease the level of trust of external parties in company performance. This study aims to determine the effect of variable financial stability, financial targets, industrial conditions, ineffective supervision and auditor turnover on fraudulent financial statements of state-owned companies listed on the IDX for the 2014-2018 period. The determination of the number of samples is based on the purposive sampling method. The data analysis method used was descriptive statistical test, classical assumption test, multiple linear regression test, t test, F test and determination test. The results showed that financial stability and ineffective supervision proved to have a significant effect on fraudulent financial statements with a significance value of 0.000 and 0.000, respectively. Meanwhile, for financial targets, industrial conditions and auditor turnover, the significance values are 0.051, 0.088 and 0.637, respectively, so it cannot prove that there is a significant effect on fraudulent financial statements. The simultaneous test results show a significance value of 0.000, so there is a simultaneous influence on financial stability. The test of determination produces an R square value of 0.547, this shows that fraudulent financial statements can be explained by financial targets, industrial conditions, ineffective supervision and auditor turnover, while 45.3% is explained by other variables not in this study.