Nama : Marco Valerian
NPM :  1912120015
KELAS : 2AK-P
contoh kasus
PT Garuda Indonesia (Persero) Tbk claims to have recorded a brilliant financial performance in 2018, with a net profit of US $ 809 thousand or around Rp 11.33 billion. However, two company commissioners refused to sign the financial statements because they suspected that there was an odd recording of transactions in order to polish the 2018 annual financial statements.
The two commissioners disagreed with one of the cooperation transactions with PT Mahata Aero Teknologi, a startup company providing wifi on board technology, which was recorded as revenue by management.
Chronologically, Mahata cooperated directly with PT Citilink Indonesia, a subsidiary of Garuda Indonesia which is considered profitable up to US $ 239.9 million. In this partnership, Mahata is committed to bear the entire cost of providing, installing, operating, and maintaining connectivity service equipment.
Mahata actually did not pay a penny from the total compensation agreed until the end of 2018, but management still recorded the report as compensation income for the right to install connectivity and entertainment service equipment on board. Until finally, Garuda Indonesia's financial statements incised net profit.
However, it was detected by the regulator. In the end, the Indonesia Stock Exchange (IDX) gave a written warning III and imposed a fine of Rp 250 million to Garuda Indonesia, and demanded the company to improve and present the financial statements.
Not only that, the Financial Services Authority (FSA) imposes a fine of Rp 100 million each to Garuda Indonesia and all members of the board of directors. OJK also requires companies to improve and restate 2018 financial statements.
For the Public Accounting Firm (KAP), OJK froze the Registered Registration Certificate (STTD) for 1 year to KAP Kasner Sirumapea. On the other hand, the Ministry of Finance also suspended permits against AP Kasner Sirumapea for 12 months. The financial scandal experienced by Garuda Indonesia is an example of a fraud type of Fraudulent Statements.
My opinion on this case is
Large companies do not always move without obstacles, as well as reckless actions such as overhaul of financial statement transactions on the party statement that is not fair and illegal actions.