Published date: Aug 15 2024

Journal Title: KnE Social Sciences

Issue title: 6th Social and Humaniora Research Symposium (6th SoRes): Ethical Governance

Pages: 220–235

DOI: 10.18502/kss.v9i24.16838

Pupung Purnamasaripupung@unisba.ac.idUniversitas Islam Bandung, Bandung

Kania NurcholisahUniversitas Islam Bandung, Bandung

N NurleliUniversitas Islam Bandung, Bandung

L LasmanahUniversitas Islam Bandung, Bandung

The implementation of financial statement components in Indonesia has become increasingly comprehensive. However, there are still ample opportunities for management and other parties to commit fraud in financial statements, particularly in the banking sector. The research aims to analyze whether fraud diamond influences the occurrence of fraud in the banking industry. The sample used in this study consists of banking reports from 2018 to 2021, with a total of 120 banks included. The research findings indicate that the pressure variable and rationalization variable have a positive impact on financial statement fraud. On the other hand, the opportunity variable and capability variable do not influence financial statement fraud. The positive results suggest that when management is unable to meet predetermined targets, their motivation to engage in fraudulent activities increases. Additionally, reporting accrual income in the income statement, regardless of whether the cash has been received from customers during that period or not, serves as a motivation for management to present their financial statements more appealingly to investors.

Keywords: fraud diamond, fraudulent financial statements, banking sector

[1] Indonesia IA. Pernyataan standar akuntansi keuangan. Jakarta: Salemba Empat; 2015.

[2] Skousen CJ, Smith KR, Wright CJ. Detecting and predicting financial statement fraud: The effectiveness of the fraud triangle and SAS No. 99. Corporate governance and firm performance. Volume 13. Emerald Group Publishing Limited; 2009. pp. 53–81.

[3] Septriani Y, Handayani D. Mendeteksi kecurangan laporan keuangan dengan analisis fraud pentagon. Jurnal Akuntansi Keuangan Dan Bisnis. 2018;11(1):11–23.

[4] K. S. Sihombing and S. N. Rahardjo, “Analisis fraud diamond dalam mendeteksi financial statement fraud: studi empiris pada perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia (BEI) Tahun 2010-2012,” Fakultas Ekonomika dan Bisnis, 2014.

[5] Sari ST. E. N. DP, and R. Rusli, “Pengaruh Financial Stability, External Pressure, Financial Targets, Ineffective Monitoring, Rationalization pada Financial Statement Fraud dengan Perspektif Fraud Triangle (Studi Empiris pada Perusahaan Perbankan Periode 2012-2014 yang Terdaftar di Bursa,” Riau University, 2016.

[6] Saputra M, Kesumaningrum ND. Analisis faktor–faktor yang mempengaruhi fraudulent financial reporting dengan perspektif fraud pentagon pada perusahaan perbankan yang terdaftar di Bursa Efek Indonesia tahun 2011-2015. Jurnal Akuntansi Dan Keuangan. 2017;22(2):121–34.

[7] M. Yesiariani and I. Rahayu, “Deteksi financial statement fraud: Pengujian dengan fraud diamond,” Jurnal Akuntansi dan Auditing Indonesia, vol. 21, no. 1, p. 49, 2017. https://doi.org/10.20885/jaai.vol21.iss1.art5.

[8] Warsidi W, Pramuka BA, Suhartinah S. “Determinant Financial Statement Fraud: Perspective Theory of Fraud Diamond (Study Empiris pada Perusahaan Sektor Perbankan di Indonesia Tahun 2011-2015),” Jurnal Ekonomi, Bisnis, dan Akuntansi, vol. 20, no. 3, 2018.

[9] Tuanakotta TM. Audit kontemporer. Jakarta: Salemba Empat; 2015.

[10] D. T. Wolfe and D. R. Hermanson, “The fraud diamond: Considering the four elements of fraud,” 2004.

[11] Ramos Montesdeoca M, Sanchez Medina AJ, Blazquez Santana F. Research topics in accounting fraud in the 21st century: A state of the art. Sustainability (Basel). 2019;11(6):1570.

[12] Rezaee Z. Financial statement fraud: prevention and detection. John Wiley & Sons; 2002.

[13] Dendawijaya L. “Manajemen perbankan,” ed: Jakarta: Ghalia Indonesia, 2009.

[14] Widyastuti T. Pengaruh struktur kepemilikan dan kinerja keuangan terhadap manajemen laba: Studi pada perusahaan manufaktur di BEJ. Volume 9. MAKSI; 2009.

[15] Y. Yulia, “Pengaruh Elemen Fraud Diamond Theory Dalam Mendeteksi Financial Statement Fraud (Studi Empiris pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Tahun 2012. Jurnal Akuntansi. 2016;6(3):2018.

[16] Sukirman S, Sari MP. Model deteksi kecurangan berbasis fraud triangle. Jurnal Akuntansi Dan Auditing. 2013;9(2):199–225.

[17] Aprilia A. Analisis pengaruh fraud pentagon terhadap kecurangan laporan keuangan menggunakan beneish model pada perusahaan yang menerapkan asean corporate governance scorecard [Akuntansi Riset]. Jurnal ASET. 2017;9(1):101–32.

[18] D. Sugiyono, “Metode penelitian pendidikan pendekatan kuantitatif, kualitatif dan R&D,” 2013.