THE ANALYSIS OF THE EFFECT OF FRAUD PENTAGON ON FINANCIAL STATEMENT FRAUD USING BENEISH MODEL IN COMPANIES APPLYING THE ASEAN CORPORATE GOVERNANCE SCORECARD

Aprilia Aprilia

Abstract


The purpose of this study is to determine the effect of analysis fraud pentagon toward fraudulent financial reporting using beneish model to the companies have implemented ASEAN CG Scorecard. Fraud pentagon measured by arrogance , competence ,opportunities, pressure and rationalization. The method of sampling used purposive sampling method. The sample consists of 50 predicated companies ASEAN CG Scorecard and the companies was listed on the Stock Exchange in 2011-2015. This research used IBM SPSS 21.0 and used a variety of journals and references relating to research topics which contain in the library as well as other information from the official website on the internet. The results of this research is that only the financial stability has significant influence toward fraudulent financial reporting which proxied by Beneish models. Meanwhile, the other variables do not have a significant effect toward fraudulent financial reporting

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References


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