WSEAS Transactions on Business and Economics

Print ISSN: 1109-9526
E-ISSN: 2224-2899

Volume 16, 2019

Notice: As of 2014 and for the forthcoming years, the publication frequency/periodicity of WSEAS Journals is adapted to the 'continuously updated' model. What this means is that instead of being separated into issues, new papers will be added on a continuous basis, allowing a more regular flow and shorter publication times. The papers will appear in reverse order, therefore the most recent one will be on top.

Volume 16, 2019

Detection Fraudulent Financial Statement: Beneish M-Score Model

AUTHORS: Soni Agus Irwandi, Imam Ghozali, Faisal, Imang Dapit Pamungkas

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ABSTRACT: This study aims to analysis financial stability, nature of industry, audit opinion on fraudulent financial statement. Furthermore, to analysis financial stability, the nature of industry, audit opinion on real earnings management, to analysis the real earning management on fraudulent financial statement. Next, to analysis financial stability, nature of industry, audit opinion on fraudulent financial statement with real earning management as a mediating variable. The population in this study were all manufacturing companies listed on the Indonesia Stock Exchange during the period 2013-2017. The sampling technique was carried out by purposive sampling to produce 130 samples. In this study the technical analysis model uses path analysis and SPSS version 22. The results of this research are financial stability and nature of industry has a significant effect on fraudulent financial statement. Audit opinion has not effect on fraudulent financial statement. Financial stability and Nature of industry has a significant effect on real earnings management. Audit opinion has not effect on Real Earnings Management. real earning management significantly influences fraudulent financial statement. Real earnings management can mediate on the relationship of financial stability, nature of industry on fraudulent financial statement. But, audit opinion cannot mediate on the relationship on fraudulent financial statement.

KEYWORDS: Fraudulent Financial Statement, Real Earning Management


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WSEAS Transactions on Business and Economics, ISSN / E-ISSN: 1109-9526 / 2224-2899, Volume 16, 2019, Art. #30, pp. 271-281

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