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Analysis of Audit Tenure, CEO Education, and Ineffective Monitoring on Fraudulent Financial Statement

Year: 2025

Type: article

Abstract: The study explores the impact of audit tenure, CEO education, and ineffective monitoring on fraudulent financial statements in BUMN companies listed on the Indonesia Stock Exchange from 2021 to 2023. The methodology used is a quantitative approach by panel data regression in 19 BUMN companies. Data were collected through documentation of annual reports and analyzed using E-views 12. Fraudulent financial statements are proxied by the Beneish M-Score. Research findings show that audit tenure and ineffective monitoring have no significant effect, CEO education has a significant negative impact on fraudulent financial statements. Simultaneously, the three variables have a considerable influence on fraudulent financial statements. These findings indicate that CEO's education rank has an important role in preventing financial statement fraud.

Source: E-Jurnal Akuntansi

DOI: 10.24843/eja.2025.v35.i07.p18

Authors: Umi Nur Fryda Kusli Rochmah, Gideon Setyo Budiwitjaksono

Institution: University of Pembangunan Nasional Veteran Jawa Timur

Language: English

Topic: Corporate Governance and Financial Management

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: diamond

OpenAlex ID: W4413739834

FWCI:

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