This study aims to provide empirical evidence about the effect of financial target,
nature of industry, change in auditor, length of tenure of President Director, President
Director’s education level and political connections on fraudulent financial statement
using the fraud hexagon theory approach. This study uses annual reports and financial
statement as the secondary data from Indonesia Stock Exchange (IDX) and company
official website. The object of this research is the mining sector companies in 20162020.
Based
on
predetermined
criteria,
there
are
38
companies
with
190
samples
used

in this study. This study proves that financial target and nature of the industry have
positive effect on fraudulent financial statements. Meanwhile, change in auditor,
President Director’s education level, length of tenure of President Director and political
connection have no significant effect on fraudulent financial statements.