Analysis Violation of Professional Ethics in Manipulation Report Finance (Study The case of PT Garuda Indonesia)
DOI:
https://doi.org/10.35870/ijmsit.v3i1.844Keywords:
Manipulation report finance, Violation ethics, FraudAbstract
Everyone around the world is talking about the financial statement manipulation scandal. One of the many fraud or manipulation scandals in Indonesia's financial statements that has caught the public's attention is that of PT Garuda Indonesia. The purpose of this research is to analyze the professional ethics violated by the accountants of PT Garuda Indonesia when manipulating or falsifying financial statements. This study employs a case study approach and a qualitative research method at PT Garuda Indonesia. The data collection technique uses the literary method, namely searching for or digging various types of information related to violations of professional ethics in manipulating financial reports sourced from several types of literature originating from research journals, books, articles, and electronic media. Integrity, objectivity, competence, professional due care, and professional behavior are the principles of accounting ethics that were found to have been violated in this study.
Downloads
References
Ikatan Akuntan Indonesia. 2014. Statement of Financial Standards 01: Presentation of Financial Statements (Revised 2014). Jakarta: Ikatan Akuntan Indonesia.
Juli Rima Afiani, Dwi Cahyono, Gardina Aulin Nuha. 2022. Systematic Literature Review: Financial Statement Fraud in Indonesia and Malaysia. Jurnal Riset Akuntansi dan Bisnis, Volume 8, No 2.
Institut Akuntan Publik Indonesia (IAPI). 2013. Public Accountant Professional Standards. Jakarta: Salemba Empat.
Kompasiana. 2022. Violation of Professional Ethics in the Manipulation of PT Garuda Indonesia's Financial Statements. https://www.kompasiana.com/dewiindahpurnami0007/62a2104f2098ab50954dc662/pelanggaran-etika-profesi-dalam-skandal-manipulasi-laporan-keuangan-pt-garuda-indonesia-tahun-2018?page=all#section1.
Amrizal. 2014. Critical Analysis of Violations of the Professional Code of Ethics for Public Accountants in Indonesia. Jurnal Liquidity, Vol. 3, No. 1, hlm. 36-43.
Tiara Hadmanti, Dewi Ayu Sekaryanti, Iman Supriadi. 2021. Analysis of the Accountant's Code of Ethics in Presenting Financial Statements at PT XYZ. Jurnal Akuntansi Manajemen Bisnis dan Teknologi, Vol. 1, No. 2, Hal. 232-240.
Lilis Marlina, Darwanis, Syukriy Abdullah. 2022. Factors Affecting Auditor Independence: A Systematic Literature Review (2001-2021). Jurnal Akuntansi Aktual, Volume 9, Nomor 2.
Abdul Ganiy Akanji Babayanju et al. 2017. Financial Reporting and Ethical Compliance: The Role of Regulatory Bodies in Nigeria. Account and Financial Management Journal, Volume 2 Issue 2.
Ankul Pandey. 2017. Ethical Issues of Financial Reporting. Open Access International Journal of Science & Engineering.
Shivam Kakati, Chandana Goswami. 2019. Factors and Motivation of Fraud in The Corporate Sector: A Literature Review. Journal of Commerce & Accounting Research, Volume 8 (3) page 86-96.
Hafiez Sofyani, Nadia Rahma. 2017. Why Does Someone Manipulate Financial Statements?: A Study with an Ethical Dilemma Case Scenario Approach. Jurnal Akuntansi dan Keuangan Islam, Volume 5, No 1.
Syafira Ramadhea Jr. 2022. Literature Review: Ethics and Code of Ethics of the Public Accountant Profession. Jurnal Akuntansi Kompetif, Volume 5, Nomor 3.
Munawir, S. 2007. Analysis of Financial Statements. Edisi Keempat. Yogyakarta: Liberty.
Ikatan Akuntan Indonesia. 2021. Indonesian Accountants Code of Ethics. Jakarta: Komite Etika Ikatan Akuntan Indonesia.
Ikatan Mahasiswa Akuntansi Gadjah Mada. 2020. Garuda Indonesia Case, Your History Now. https://imagama.feb.ugm.ac.id/kasus-garuda-indonesia-riwayatmu-kini/.
Downloads
Published
Issue
Section
License
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Authors who publish with this journal agree to the following terms:
1. Copyright Retention and Open Access License
Authors retain copyright of their work and grant the journal non-exclusive right of first publication under the Creative Commons Attribution 4.0 International License (CC BY 4.0).
This license allows unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
2. Rights Granted Under CC BY 4.0
Under this license, readers are free to:
- Share — copy and redistribute the material in any medium or format
- Adapt — remix, transform, and build upon the material for any purpose, including commercial use
- No additional restrictions — the licensor cannot revoke these freedoms as long as license terms are followed
3. Attribution Requirements
All uses must include:
- Proper citation of the original work
- Link to the Creative Commons license
- Indication if changes were made to the original work
- No suggestion that the licensor endorses the user or their use
4. Additional Distribution Rights
Authors may:
- Deposit the published version in institutional repositories
- Share through academic social networks
- Include in books, monographs, or other publications
- Post on personal or institutional websites
Requirement: All additional distributions must maintain the CC BY 4.0 license and proper attribution.
5. Self-Archiving and Pre-Print Sharing
Authors are encouraged to:
- Share pre-prints and post-prints online
- Deposit in subject-specific repositories (e.g., arXiv, bioRxiv)
- Engage in scholarly communication throughout the publication process
6. Open Access Commitment
This journal provides immediate open access to all content, supporting the global exchange of knowledge without financial, legal, or technical barriers.
