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Financial Stability, Leverage, Ineffective Monitoring, Independent Audit Committee And The Fraudulent Financial Statement

Fenny Tjen, Tigor Sitorus, Rina Nur Chasanah

Abstract


This study aims to develop prior empirical model research of factors
influence toward fraudelent financial statement and determine some
element of fraud triangle that are financial stability, Leverage , ineffec
tive monitoring and one element of Good Corporate Governance that is
independent audit committee influence to fraudulent financial statement. This research topic is important because investors need earnings informa tion as a basic for making investment decision and fraudulent financial statement may affect quality of earnings information received by investors. Data obtained from financial statement of mining company period 2011-2015, data were analyzed with multiple linier regressions with 150 samples collected by purposive sampling technique. Then the authors used Micro soft Excel and SPSS version 24 for processing and analyzing samples. The results showed only financial stability that has a significant influence on fraudulent financial statement, while Leverage, ineffective monitoring and independent audit committee partially has not significant influence toward fraudulent financial statement.


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References


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