T he purpose of this study is to test and provide empirical evidence aboutthe influence of pentagon fraud as proxied by seven variables consisting ofthree elements of pressure (financial stability, external pressure, financialtargets), one of the elements of opportunity (nature of the industry), one ofelements of rationalization ( cash flow quality), one from the capabilityelement (change of directors) and one from the arrogance element (CEOphoto frequency) as well as the control variable (company size) on fraudulentfinancial statements.The population of this study are companies in the basic industrial andchemical, miscellaneous and consumer goods sectors that are listed on theIndonesia Stock Exchange (IDX) in 2020-2022. Based on the purposivesampling method, the total sample is 103 companies. Hypothesis testing in thisstudy uses logistic regression analysis using SPSS version 25 to examine theeffect of financial stability, external pressure, financial targets, industrycharacteristics, cash flow quality, director turnover, and CEO photo frequencyon fraudulent financial statements.The results of this study indicate that external pressure and thefrequency of CEO photos have a significant negative effect on fraudulentfinancial reporting, while financial stability, financial targets, nature of theindustry, quality of cash flow and turnover of directors have no effect onfraudulent financial reporting