Are the Beneish model and restatement relevant in detecting tax evasion?
DOI:
https://doi.org/10.18196/jai.v26i1.20422Keywords:
Beneish, Fraud Pentagon Theory, Penggelapan Pajak, RestatementAbstract
Research aims: This study aims to analyze the capability of fraud pentagon theory’s factors—including pressure, opportunity, rationalization, competence, and arrogance—in indicating tax evasion.
Design/Methodology/Approach: The data were analyzed by logistic regression, and the samples of basic material entities listed on the Indonesia Stock Exchange for 10 years, from 2012 to 2021, were selected through the purposive sampling method. The dependent variable of tax evasion indication was measured by Beneish M-score and restatement methods
Research findings: The results of this study exhibit that pressure represented by financial stability and financial targets proves to indicate tax evasion, while the opportunity (represented by the nature of the industry and ineffective monitoring), rationalization (represented by audit opinion), competence (represented by change in directors), and arrogance (represented by dualism position) do not prove to indicate tax evasion.
Theoretical contribution/Originality: Providing additional empirical evidence on the application of the Fraud Pentagon Theory for detecting tax evasion through the integration of the Beneish model and restatement methods.
Practitioner/Policy implication: This research can be used by taxpayers, tax officers, tax examiners, and auditors to detect and reduce tax evasion in Indonesia.
Research limitation/Implication: The limitations of this study can be seen in the results of the determination coefficient, which is quite low, so there are still other indicators that cannot be explained through this study.
References
AICPA. (2002). Consideration of fraud in a financial statement audit. http://www.aicpa.org/Research/Standards/AuditAttest/DownloadableDocuments/AU-00316.pdf.
Amarakamini, N. P. & Suryani, E. (2019). Pengaruh Fraud Pentagon Terhadap Fraudulent Financial Statement Pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia (BEI) Tahun 2016 dan 2017. Jurnal Akuntansi, 7(2), 125-136.
Angreni, N. M. A., Suryandari, N. N. A., & Putra, G. B. B. (2022). Kecurangan Laporan Keuangan Ditinjau dari Fraud Pentagon. Jurnal Kharisma, 4(2), 147-156.
Aprilia, S. R. N. A. & Furqani, A. (2021). Deteksi Kecurangan Laporan Keuangan dengan Metode Fraud Diamond Pada Perusahaan Jasa. JAFIS: Journal of Accounting and Financial Issue, 2(2), 1-11. https://doi.org/10.24929/jafis.v2i2.1661
Arens, A. A., Elder, R. J., & Beasley, M. S. (2015). Auditing dan Jasa Assurance (H. Wibowo & Tim Perti, Penerjemah). Jakarta: Erlangga.
Ariandini, S. & Suryani, E. (2020). Pengaruh Fraud Pentagon dalam Mendeteksi Fraudulent Financial Reporting (Studi Perusahaan manufaktur yang Terdaftar di Bursa Efek Indonesia Periode 2017 - 2018). E-Proceeding of Management (pp. 2864-2871).
Callista, B. (2017). Peran Auditor Independen dalam Perpajakan. Drs. J. Tanzil & Associates. https://www.jtanzilco.com/blog/detail/801/slug/peran-auditor-independen-dalam-perpajakan
Chuzaini, D. A., & Cahyaningsih, C. (2019). Analisis Fraud Pentagon Dalam Mendeteksi Kecurangan Laporan Keuangan (Studi pada Perusahaan Manufaktur yang Terdaftar Di Bursa Efek Indonesia Periode 2016-2017). eProceedings of Management, 6(2).
Coca, T. C., Marian, S., Veronica, G., & Dan-Andrei, C. (2021). Fiscal and Accounting Fraud Risk Detection Using Beneish Model: A Romanian Case Study. International Journal of Business and Society, 22(1), 296-312.
Cressey, D. (1953). Other people’s money; a study in the social psychology of embezzlement. Glencoe, IL: Free Press.
Darise, R. F., Kalangi, L., & Gamaliel, H. (2021). Faktor-faktor yang Memengaruhi Fraudulent Financial Statement Studi Empiris Pada Perusahaan Sektor Perbankan yang Terdaftar di Bursa Efek Indonesia. Jurnal Riset Akuntansi dan Auditing “Goodwill”, 12(2), 416-434. https://ejournal.unsrat.ac.id/index.php/goodwill/article/view/37632
Fransiska, L. & Sinaga, I. (2022). Pengaruh Fraud Pentagon terhadap Restatement. AKUISISI: Jurnal Akuntansi, 18(1), 43-59.
Hamadi, Y. V., Stephanus, D. S., & Wijayanti, D. (2022). Fraud Pentagon Theory: Alat Deteksi Financial Statement Fraud Pada Perusahaan Property dan Real Estate di Indonesia, Malaysia, Singapura. EL MUHASABA: Jurnal Akuntansi (e-Journal), 13(2), 113-125.
Hanim, H. & Fatahurrazak. (2018). Pengaruh Dewan Komisaris, Komisaris Independen, dan Kompensasi Dewan Komisaris dan Direksi Terhadap Tindakan Agresivitas Pajak Pada Perusahaan Makanan dan Minuman yang Terdaftar di Bursa Efek Indonesia Periode 2013-2016. Jurnal Ilmiah Akuntansi dan Finansial Indonesia, 1(2), 37-50. https://doi.org/10.31629/jiafi.v1i2.1243
Himawan, F. A. & Wijanarti, R. S. (2020). Analisis Pengaruh Fraud Pentagon Terhadap Pendeteksian Kecurangan Laporan Keuangan Pada Perusahaan Manufaktur yang Terdaftar di BEI 2014-2018. ESENSI: Jurnal Manajemen Bisnis, 23(2), 137-154.
Jatmiko, B. P. (2020). PT Timah Revisi Laporan Keuangan, Ada Apa?. Kompas.com. https://money.kompas.com/read/2020/04/16/113814926/pt-timah-revisi-laporan-keuangan-ada-apa?page=all
Kadir, O. A. (2018). The Impact of Corporate Governance Mechanisms on Corporate Tax Avoidance in Nigerian Listed Manufacturing Companies. Global Journal of Contemporary Research in Accounting, Auditing and Business Ethics (GJCRA), 4(1), 622-636.
Kenton, W. (2021). Defining the Beneish Model. Investopedia. https://www.investopedia.com/terms/b/beneishmodel.asp
Lederman, L. (2018). Tax Evasion and the Fraud Diamond. The Surly Subgroup. https://surlysubgroup.com/2018/12/18/tax-evasion-and-the-fraud-diamond/
Maryadi, A. D., Midiastuty, P. P., Suranta, E., & Robiansyah, A. (2020). Pengaruh Fraud Pentagon dalam Mendeteksi Fraudulent Financial Reporting. Jurnal Akuntansi, Keuangan, dan Manajemen (Jakman), 2(1), 13-25.
Mulyana, Y., Mulyati, S., & Umiyati, I. (2020). Pengaruh Komisaris Independen, Kompensasi Rugi Fiskal, dan Pertumbuhan Aset Terhadap Penghindaran Pajak. Jurnal SIKAP: Sistem Informasi, Keuangan, Auditing dan Perpajakan, 4(2), 160-172.
Nasution, K. M. P. & Mulyani, S. D. (2020). Pengaruh Intensitas Aset Tetap dan Intensitas Persediaan Terhadap Penghindaran Pajak dengan Pertumbuhan Penjualan sebagai Variabel Moderasi. Prosiding Seminar Nasional Pakar 2020 Buku II, 2321-2327. https://doi.org/10.25105/pakar.v0i0.6871
Othman, I. W., Slack, R., Stratling, R. (2021). Predicting Income-Decreasing Forced Financial Restatement. Universal Journal of Accounting and Finance, 9(6), 1571-1581. https://doi.org/10.13189/ujaf.2021.090634
Plumlee, M., & Yohn, T. L. (2015). An examination of managements’ regulatory ling choices surrounding restatements. Journal of Management Accounting Research, 27(2), 121-144.
Plumlee, M. A., & Yohn, T. L. (2015). An examination of management's regulatory filing choices surrounding restatements. Journal of Management Accounting Research, 27(2), 121-144. https://doi.org/10.2308/jmar-50744
Primasari, N. H. (2019). Leverage, Ukuran Perusahaan, Profitabilitas, Pertumbuhan Penjualan, Proporsi Komisaris Independen dan Kualitas Audit Terhadap Tax Avoidance (Studi Empiris pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Periode 2014-2016. Jurnal Akuntansi dan Keuangan, 8(1), 21-40. https://doi.org/10.36080/jak.v8i1.838
Puspita, A. F., Pusposari, D., & Firmanto, Y. (2021). Apakah Teori Fraud Pentagon Relevan dalam Mendeteksi Penggelapan Pajak? Jurnal Akuntansi Multiparadigma, 12(3), 531-546. http://dx.doi.org/10.21776/ub.jamal.2021.12.3.30
Qiu, S., He, H. Q., & Luo, Y. S. (2019). The Value of Restatement to Fraud Prediction. Journal of Business Economics and Management, 20(6), 1210-1237. https://doi.org/10.3846/jbem.2019.10489
Redaksi DDTCNews. (2020). Denis Healey ‘Beda Penghindaran & Penggelapan Pajak Hanya Setebal Dinding Penjara’. DDTC News. https://news.ddtc.co.id/literasi/kutipan/19991/beda-penghindaran-penggelapan-pajak-hanya-setebal-dinding-penjara
Rifai, A. & Atiningsih, S. (2019). Pengaruh Leverage, Profitabilitas, Capital Intensity, Manajemen Laba Terhadap Penghindaran Pajak. ECONBANK: Journal of Economics and Banking, 1(2), 135-142. https://doi.org/10.35829/econbank.v1i2.175
Rusdama, A. (2017). Manajemen Laba dan Pergantian CEO (Chief Executive Officer) di Indonesia. Jurnal Ilmiah Mahasiswa FEB Universitas Brawijaya, 5(2).
Sasongko, N. & Wijayantika, S. F. (2019). Faktor Resiko fraud Terhadap Pelaksanaan Fraudulent Financial Reporting (Berdasarkan Pendekatan Crown's Fraud Pentagon Theory). Riset Akuntansi dan Keuangan Indonesia, 4(1), 67-76. 10.23917/reaksi.v4i1.7809
Septianda, H., Diah, E., & Yustien, R. (2021). Pengaruh Fraud Pentagon dalam Mendeteksi Financial Statement Fraud (Studi Empiris Pada Perusahaan Manufaktur yang Terdaftar di BEI Tahun 2015-2019). Jambi Accounting Review (JAR), 2(1), 95-111. https://doi.org/10.22437/jar.v2i1.17253
Subramanyam, K. R. & Wild, J. J. (2009). Financial Statement Analysis (10th ed.). New York: McGraw-Hill/Irwin.
Supriyanto & Christina, N. (2021). Analisis Pengaruh Karakteristik Audit dan Karakteristik Perusahaan Terhadap Praktik Penghindaran Pajak Pada Perusahaan BEI. INOVASI: Jurnal Ekonomi Keuangan dan Manajemen, 17(4), 733-747.
Sugiharto, S. I. (2022). Analisis Fraud Pentagon Terhadap Fraudulent Financial Reporting. Jurnal Ilmiah Indonesia, 7(4), 4568-4588. https://doi.org/10.51903/jiab.v2i1.120
Widyaningsih, A. & Nugroho, A. H. D. (2022). Mendeteksi Fraud Pentagon Terhadap Fraudulent Financial Reporting menggunakan Model Beneish M-Score pada Perusahaan Manufaktur. SEIKO: Journal of Management & Business, 5(2), 384-394. https://doi.org/10.37531/sejaman.v5i2.2309
Widyatama, W. & Setiawati, L. W. (2020). Analisis Pengaruh Fraud Pentagon Theory Terhadap Fraudulent Financial Reporting Pada Perusahaan Perbankan yang Terdaftar di Bursa Efek Indonesia Periode 2014 - 2019. BALANCE: Jurnal Akuntansi, Auditing dan Keuangan, 17(1), 22-47. https://doi.org/10.25170/balance.v17i1.2010
Wildan, M. (2022). Jelang Akhir Tahun, Target Rasio Kepatuhan Formal WP Hampir Tercapai. DDTC News. https://news.ddtc.co.id/berita/nasional/43003/jelang-akhir-tahun-target-rasio-kepatuhan-formal-wp-hampir-tercapai
Wolfe, D. T., & Hermanson, D. R. (2004). The fraud diamond: Considering the four elements of fraud.
Yanti, L. D. & Riharjo, I. B. (2021). Pendeteksi Kecurangan Pelaporan Keuangan Menggunakan Fraud Pentagon Theory. Jurnal Ilmu dan Riset Akuntansi, 10(6), 1-23.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2025 Challista Christabella, Ayu Fury Puspita

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
License
Journal of Accounting and Investment is licensed under Creative Commons Attribution Attribution-NonCommercial-NoDerivatives 4.0 International License.