DETEKSI FINANCIAL STATEMENT FRAUD DENGAN ANALISIS FRAUD TRIANGLE PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BEI

Abstract

ABSTRACT
The purpose of this study was to determine the effect of fraud triangle in
explaining the occurrence of financial statement fraud. Fraud triangle consists of
pressure, opportunity, and rationalization. Four variables are proxied from
pressure (financial stability, personal financial need, external pressure, and
financial targets). Two variables are proxied from opportunity (nature of industry
and effective monitoring). And one last variable is proxied from rationalization.
Based on logistic regression analysis there are 77 companies that commit fraud,
and 31 companies that do not commit fraud during 2014-2017. From this study it
can be concluded that there is a positive influence between external pressure
(LEV) on financial statement fraud, and six other variables consisting from
financial stability, personal financial needs, financial targets, nature of industry,
effective monitoring, and rationalization has no effect on financial statement
fraud. This result supports the fraud triangle theory in explaining the occurrence
of financial statement fraud.
Keywords: financial statement fraud, pressure, opportunity, rationalization