ANALISIS PENDETEKSIAN FINANCIAL STATEMENT FRAUD DENGAN PENDEKATAN MODEL BENEISH PADA PERUSAHAAN BUMN

Abstract

This study aims to detect the possibility of fraud on BUMN companies listing on the Indonesia Stock Exchange 2012-2016 by using eight of Beneish's Model.The object of this study is all BUMN companies listing on the Indonesia Stock Exchange which publishes audited financial statements for fiscal year 2012 - 2016, which amounted to 20 (twenty) companies. The sampling technique is by using purposive sampling method where the sample is determined based on certain criteria determined by the researcher and has limitations in terms of generalization. The sample of research is 50 (fifty companies) Data collection method using documentation method Data analysis technique used is descriptive quantitative analysis using Beneish Ratio Index Variable in this research is Days' Sales In Receivables Index (DSRI), Gross Margin Index ( GMI), Asset Quality Index (AQI), Sales Growth Index (SGI), and Total Accruals To Total Assets Index (TATA)) Based on the eight models of Beneish's Model, the Days' Sales In Receivables Index (DSRI), Gross Margin Index GMI), Asset Quality Index (AQI), Sales Growth Index (SGI), and Total Accruals To Total Assets Index (TATA) have no effect on fraud.

Keywords:   financial statement, fraud, Beneish’s Model