FACTORS INFLUENCING ACCOUNTING FRAUD TENDENCIES IN VILLAGE CREDIT INSTITUTIONS (LPDs) IN DENPASAR CITY
Keywords:
Tendency of Accounting Fraud, Internal Control Effectiveness, Financial Literacy, Village Credit Institution (LPD)Abstract
Accounting fraud is an intentional act committed to mislead other parties through the manipulation of financial statements, concealment of information, or misappropriation of organizational assets for personal gain. This practice can threaten the sustainability of financial institutions, including Village Credit Institutions (Lembaga Perkreditan Desa/LPD). The successful financial performance of LPDs in Denpasar City has created a dualism of perspectives, namely as the result of effective internal control systems that are able to reduce the risk of accounting fraud or as an indication of the existence of accounting fraud in the preparation of financial statements. This study aims to analyze the effect of internal control effectiveness and financial literacy on the tendency of accounting fraud in LPDs in Denpasar City. This research employs a quantitative approach with all LPDs operating in Denpasar City as the research objects. The research respondents consist of members of the LPD Supervisory Board, Heads of LPDs, and financial staff who have at least two years of work experience. Data from 93 respondents were collected through questionnaire distribution and analyzed using multiple linear regression after meeting the classical assumption tests. The results indicate that the effectiveness of internal control has a negative effect on the tendency of accounting fraud. The more effective the internal control implemented, the lower the tendency of accounting fraud in LPDs. Financial literacy also has a negative effect on the tendency of accounting fraud, indicating that the more frequently LPD managers receive financial literacy, the lower the tendency of accounting fraud. These findings emphasize the importance of strengthening internal control systems and improving the financial literacy of LPD managers as strategic efforts to reduce the risk of accounting fraud and strengthen the financial governance of LPDs in Denpasar City.
Downloads
References
Ahmed, A. S., & Muhammed, F. (2022). Financial Literacy and Accounting Misstatements: Evidence from European Firms. Accounting and Business Research,52(1),110–130. [https://doi.org/10.1080/00014788.2021.1895289](https://doi.org/10.1080/00014788.2021.1895289)
Albrecht, W. S., Albrecht, C. O., Albrecht, C. C., & Zimbelman, M. F. (2023). Fraud Examination (7th ed.). Cengage Learning.
Amelia, S., & Novianti, Y. (2022). Financial Literacy and Accounting Fraud Tendencies: Evidence from Microfinance Institutions. Journal of Financial Management, 19(3), 145–162.
Arens, A. A., Elder, R. J., & Beasley, M. S. (2024). Auditing and Assurance Services: An Integrated Approach (19th ed.). Pearson.
Atto, A (2026). PENGARUH Sistem Pengendalian Internal Piutang Terhadap Piutang Macet Pada Koperasi Simpan Pinjam Kopdit Swasti Sari Di Kantor Pusat Kupang. Jurnal Maneksi (Management Ekonomi Dan Akuntansi). Volume 15 No.01, March 2026. Page: 233-241. https://doi.org/10.31959/jm.v15i1. 3548
Bali Post. (2021). Minimnya literasi keuangan jadi kendala pengelolaan LPD di Bali. Bali Post.
Balipost.com. (2024). Terdakwa Korupsi LPD Umahanyar Divonis Tinggi. https://www.balipost.com/news/2024/12/11/431545/Terdakwa-Korupsi-LPD-Umahanyar-Divonis...html
Cahya, N. L. P., & Adiputra, I. G. (2023). Pengaruh keefektifan pengendalian internal terhadap kecurangan akuntansi pada lembaga keuangan mikro di Bali. E-Jurnal Akuntansi Universitas Udayana, 33(4), 1120–1134.
Cressey, D. (1953). Other People’s Money: A Study in the Social Psychology of Embezzlement. Free Press.
Dewi, N. K., & Sujana, I. G. (2020). Lemahnya pengendalian internal dan peluang kecurangan dalam lembaga keuangan. Jurnal Akuntansi & Keuangan, 8(2), 101–115.
Elsa, M. D., Dasilah, R., & Riyanti, A. (2021). Literasi keuangan dan kaitannya dengan penyimpangan laporan keuangan. Jurnal Manajemen Keuangan, 9(1), 55–70.
Fitriasari, D., & Mutmainah, S. (2023). Pengaruh literasi keuangan terhadap perilaku keuangan etis dan kecenderungan kecurangan akuntansi. Jurnal Akuntansi Multiparadigma, 14(1), 112–125.
Ghozali, I. (2021). Metode Penelitian Kuantitatif dan Kualitatif (Edisi 6). Badan Penerbit Universitas Diponegoro.
Gunawan, M., & Pradnyana, I. (2022). Pengaruh literasi keuangan terhadap manajemen risiko pada lembaga keuangan mikro. Jurnal Keuangan dan Perbankan, 26(3), 501–518.
Hidayah, N., & Hasanah, L. (2024). Fraud Triangle Analysis in Indonesian Microfinance: Internal Control and Ethical Awareness. Journal of Contemporary Accounting Research, 7(2), 145–160.
Irwan, A. F. (2025). Korupsi Dana LPD Intaran, Wayan Mudana Dihukum 5,5 Tahun Penjara. Detik.com. https://www.detik.com/bali/hukum-dan-kriminal/d-7980614/korupsi-dana-lpd-intaran-wayan-mudana-dihukum-5-5-tahun-penjara
Irwan, A. F. (2025). Tersangka Korupsi, Ketua LPD di Denpasar Masuk Bui Usai Menjabat 24 Tahun. Detik.com. https://www.detik.com/bali/hukum-dan-kriminal/d-8242270/tersangka-korupsi-ketua-lpd-di-denpasar-masuk-bui-usai-menjabat-24-tahun
Jamilah, S et.al. (2026). Penerapan Pengendalian Internal Terhadap Kecurangan Pada Yayasan: Sebuah Literature Review. Jurnal Audit dan Akuntansi Fakultas Ekonomi Universitas Tanjunpura Vol. (14) No. (1) (Juni) (2025), hal (34-41).
Jensen, M. C., & Meckling, W. H. (1976). Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure. Journal of Financial Economics, 3(4), 305–360.
Kartini, N. P. D., & Sari, M. M. R. (2021). Pengaruh pengendalian internal terhadap kecurangan akuntansi pada lembaga keuangan mikro di Bali. E-Jurnal Akuntansi Universitas Udayana, 31(5), 1192–1206.
Kasim, A. (2023). Literasi keuangan dan manajemen risiko dalam lembaga mikro. Jurnal Keuangan & Bisnis, 11(2), 98–115.
Komalasari, I. G. A., & Sudana, I. M. (2022). Determinan kecenderungan kecurangan akuntansi pada lembaga keuangan mikro di Bali. E-Jurnal Ekonomi dan Bisnis, 31(2), 88–105.
Mahardika, K. A., & Yasa, G. W. (2023). Efektivitas sistem pengendalian internal dalam mencegah fraud di LPD Bali. Jurnal Riset Akuntansi Daerah, 15(1), 20–34.
Mulyani, D., & Nugroho, T. (2024). Internal Control and Fraud Prevention: Evidence from Indonesian Rural Banks. Asian Journal of Accounting Perspectives, 17(1), 50–68.
Nasution, H., & Purba, P. (2023). Pengaruh literasi keuangan terhadap pencegahan kecurangan di lembaga keuangan mikro. Jurnal Akuntansi & Keuangan Indonesia, 20(2), 87–102.
Paramitha, P. R. S., & Budiasih, I. G. A. N. (2022). Efektivitas pengendalian internal terhadap kecenderungan kecurangan akuntansi: Studi pada lembaga keuangan di Bali. E-Jurnal Akuntansi Universitas Udayana, 32(1), 56–72.
Pratiwi, L. K. S., & Budiasih, I. G. A. N. (2020). Pengaruh keefektifan pengendalian internal terhadap kecenderungan kecurangan akuntansi pada LPD di Kabupaten Tabanan. *E-Jurnal Akuntansi Universitas Udayana, 30(6), 1423–1437.
Putri, K. D. A., & Suartana, I. W. (2022). Pengaruh keefektifan pengendalian internal terhadap kecenderungan kecurangan akuntansi pada LPD di Kabupaten Badung. E-Jurnal Akuntansi Universitas Udayana, 32(4), 980–993.
Rahman, A., Yusuf, M., & Hartati, T. (2023). Financial literacy and ethical financial behavior in microfinance institutions: An empirical study in Indonesia. Journal of Accounting & Finance Review, 20(1), 105–122.
Rahayu, P. S., & Budiasih, I. G. A. N. (2024). Efektivitas sistem pengendalian internal dan fraudulent financial reporting pada LPD di Bali. E-Jurnal Akuntansi Universitas Udayana, 34(2), 233–245.
Rosita, K., & Jati, I. K. (2024). Hubungan literasi keuangan dan pengendalian internal terhadap kecurangan akuntansi di lembaga keuangan desa. Jurnal Akuntansi dan Keuangan Publik, 9(2), 75–89.
Simamora, H. (2021). Internal control effectiveness and fraud prevention in financial institutions. International Journal of Accounting Research, 9(2), 150–168.
Sugiyono. (2022). Metode Penelitian Kuantitatif, Kualitatif, dan R&D (Edisi Revisi). Alfabeta.
Suryani, N. L., & Purnama, I. G. (2024). The Effect of Internal Control and Financial Literacy on Accounting Fraud Tendencies in Village Credit Institutions. International Journal of Economics, Business and Accounting Research, 8(1), 321–335.
Wolde, T. A., & Hermanson, D. R. (2024). *Fraud Diamond Theory: Integrating Capability into the Fraud Framework.Journal of Fraud Studies, 11(2), 129–148.
Wulandari, I. K., & Dewi, I. K. (2023). Literasi keuangan dan pencegahan fraud pada lembaga mikro. Jurnal Akuntansi Nusantara, 7(1), 25–39.
Yuliani, R., & Fitri, A. (2024). Analisis pengendalian internal dalam menekan fraud pelaporan keuangan: Studi pada BPR di Indonesia. *Jurnal Akuntansi Keuangan dan Audit, 8(1), 90–108.
Zahra, N., & Fadilah, R. (2023). Fraud prevention mechanisms in Indonesian microfinance: The role of internal control and ethical culture. Journal of Behavioral Accounting Research, 15(4), 278–296.
