https://plj.ac.id/ojs/index.php/jrakt <div class="intro" style="width: 400px;"> <ul> <li><strong>Publisher: P3M Politeknik LP3I Jakarta<br /></strong><strong>Abbreviation: JRAKT<br /></strong><strong>License: CC BY-SA 3.0<br /></strong><strong><strong>DOI: </strong></strong><a href="http://dx.doi.org/10.34127/jrakt"><strong>10.34127/jrakt</strong></a><br /><strong>URL: <a title="URL JRAKT" href="https://plj.ac.id/ojs/index.php/jrakt/management/settings/context//ojs/index.php/jrakt" target="_self">https://plj.ac.id/ojs/index.php/jrakt</a><br /></strong><strong>OAI: <a title="OAI JRAKT" href="https://plj.ac.id/ojs/index.php/jrakt/management/settings/context//ojs/index.php/jrakt/oai" target="_blank" rel="noopener">https://plj.ac.id/ojs/index.php/jrakt/oai</a></strong></li> </ul> </div> <p><strong>Sekilas Jurnal Lentera Akuntansi :<br /></strong><strong>Jurnal Lentera Akuntansi</strong> (ISSN 2339-2991, E-ISSN 2745-6978) ini merupakan jurnal ilmiah berkala yang ditujukan untuk mempublikasikan karya ilmiah hasil penelitian, pengembangan dan studi pustaka di bidang disiplin ilmu akuntansi meliputi ilmu akuntansi, pajak dan keuangan<br />Terbit pada Mei dan November setiap tahunnya. Naskah dikirim kapan pun melalui online (<a title="Registrasi" href="https://plj.ac.id/ojs/index.php/jrakt/management/settings/context//ojs/index.php/jrakt/user/register" target="_blank" rel="noopener">Registrasi</a>). Pengiriman naskah Desember s/d April akan diterbitkan dibulan Mei dan pengiriman naskah Juni s/d Oktober akan diterbitkan dibulan November.<br /><strong>Jurnal Lentera Akuntansi</strong> terakreditasi peringkat <strong>SINTA 5</strong> oleh Kementerian Pendidikan Tinggi, Sains, dan Teknnologi berdasarkan Surat Keputusan (SK) No. 10/C/C3/DT.05.00/2025, Tanggal 21 Maret 2025</p> POLITEKNIK LP3I JAKARTA en-US JURNAL LENTERA AKUNTANSI 2339-2991 https://plj.ac.id/ojs/index.php/jrakt/article/view/2179 <p>This study aims to analyze the role of dividend policy in moderating the influence of liquidity, firm size, earnings quality, and profitability on firm value in food &amp; beverage subsector companies listed on the Indonesia Stock Exchange, using Signalling Theory and Bird in the Hand Theory as the theoretical foundation. A quantitative approach was employed using secondary data in the form of financial statements published on the Indonesia Stock Exchange website. The research sample was determined through purposive sampling and analyzed using Moderated Regression Analysis (MRA). The results show that firm size, profitability, and dividend policy contribute to increasing firm value, while liquidity and earnings quality have not become determining factors in the formation of firm value. In the interaction testing, dividend policy only strengthens the relationship between firm size and firm value, but does not strengthen the relationship between liquidity, earnings quality, or profitability and firm value. These findings indicate that in the food &amp; beverage subsector, the market responds more strongly to company scale and the ability to generate profits as primary signals of performance and business prospects, while dividend policy functions as a value enhancing factor, particularly for companies with large size and established business positions.</p> Hansel Veriant Simon Sapto Jumono Copyright (c) 2026 Author http://creativecommons.org/licenses/by-sa/4.0/ 2026-04-20 2026-04-20 11 1 1 32 10.34127/jrakt.v11i1.2179 https://plj.ac.id/ojs/index.php/jrakt/article/view/2210 <p>Financial statements represent a company’s financial transactions within a specific accounting period, providing information on operational performance. However, in reality, companies may fail to achieve their predetermined targets. Fraudulent practices often occur when management deliberately manipulates financial statement data to present misleading performance in order to attract investors and meet market expectations. In this context, financial ratios are widely used as analytical tools to detect financial report fraud in financial statements. This study aims to analyze the effect of financial ratios on financial report fraud in food and beverage sector companies listed on the Indonesia Stock Exchange during the 2022–2024 period. The independent variables used in this study are WCTA, DAR, and ROA, while the dependent variable is financial report fraud measured using the Altman Z-Score. This study employs a quantitative approach with multiple linear regression analysis. The sample was selected using a purposive sampling technique, resulting in 90 observations after data processing. The results indicate that partially, Working Capital to Total Assets (WCTA) and Return on Assets (ROA) have a positive and significant effect on financial report fraud, while Debt to Asset Ratio (DAR) has a negative and significant effect on financial report fraud.</p> Natasya Novelyn Br. Sihaloho Amran Manurung Manatap Berliana Lumbangaol Copyright (c) 2026 Author http://creativecommons.org/licenses/by-sa/4.0/ 2026-04-20 2026-04-20 11 1 33 44 10.34127/jrakt.v11i1.2210