The Influence of Pressure in Detecting Financial Statement Fraud

This study examines the pressure factors that influence fraud on the financial statements of BUMN companies because of the case that happened to PT. KAI (Kereta Api Indonesia), which is one of the State-Owned Companies (BUMN) in Indonesia. To provide more comprehensive results, this study will investigate the effect of pressure from 3 pressure measurement theories in the company; external pressure, financial stability, and financial targets by using a different measurement proxy than before. The reason researchers use different measurement proxies is because to see how far the effects of each measurement of pressure on fraud in financial statements. Fraud research on the financial statements themselves is measured using the fraud score model (F-Scores). The population of this study is a State-Owned Enterprises (BUMN) from 2012-2016. The results show that (1) External pressure have positive effect on financial statement fraud with a significance value 0,000 < 0,05, (2) Financial stability have negative effect on financial statement fraud with a significance value 0,642 > 0,05, (3) financial target have negative effect on financial statement fraud with a significance value 0,923 > 0,05 in the State-Owned Enterprises on the Indonesia Stock Exchange (BEI) in 2012-2016.