T This study aims to analyze the effect of financial stability,ineffectivemonitoring,change in auditor,change of director and audit committee on financialstatement fraud in banking companies. Fraud hexagon is proxied by financialstability, ineffective monitoring, change in auditor, and changes in directors.Meanwhile, financial statement fraud is measured through discretionary accrual.The sample of this research is banking companies listed on the Indonesia StockExchange (IDX) for the period 2020-2022. The research data usedis secondary datafrom annual financial statements. The data analysis technique uses multipleregression analysis. Previously, the classic assumption test was conducted whichconsisted of normality test, multicollinearity test, autocorrelation test andheteroscedasticity test. The results showed that ineffective monitoring and change inauditor and had a positive effect on financial statement fraud. Meanwhile, thefinancial stability,change of direction and audit committee has a negative effect. Thisfinding indicates the importance of strengthening internal and external supervisionto prevent the occurrence of financial statement fraud. The implications are thatcompanies need to ensure that the audit committee and the board of commissionerscarry out supervisory functions effectively, regulators need to formulate stricterpolicies regarding corporate governance, and auditors must increase professionalskepticism and thoroughness in conducting audits. The limitations of this study includebeing limited to the banking sector and only certain independent variables. It isrecommended for further research to expand the sample from various industrialsectorsand add independent variables.