International Research Journal of Management IT and Social Sciences · 2019 · 25 citations · 21 references
Fraud DetectionForensic AccountingConsumer FraudFraud ExaminationFinancial Statements ManipulationFinancial Statement Fraud DetectionAuditingManagementFinancial AccountingAccounting ProblemFinancial CrimeFraud PentagonAccountingFinanceFraud Pentagon ElementsFraud Pentagon TheoryGovernmental CorruptionBusinessFinancial FraudFinancial StatementAccounting Audit
Financial statements manipulation was a fraud form which is generally difficult to detect. The study was intended to analyze fraud pentagon elements in detecting fraudulent financial statements. The research population was all financial sector companies listed on the Indonesia Stock Exchange for the 2015-2018 period. Purposive sampling technique was used to determine the research sample and data analysis techniques used multiple regression. Based on the test results, it shows the financial set has a positive positive effect on fraudulent financial statements and the number of audit committee meetings that reflect effectiveness has a negative effect on fraudulent financial statements. The study results also contribute to the fraud pentagon theory and provide evidence that elements on fraud pentagon model can be used to detect fraudulent financial statements.
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The Fraud Diamond: Considering the Four Elements of Fraud
David T. Wolfe, Dana R. Hermanson · Frontiers in Neuroanatomy · 2004 · 968 citations · Full text