<![CDATA[Fraud potential in financial statements often occurs. For this reason, this study identifies aspects that cause financial statement fraud (FOFS), including financial targets (FTs), total accruals, and total assets (TATAs), and the industries' nature (NOIs) in the banking and energy sector companies in Indonesia. The data sample is the financial and annual reports of 122 banking and energy companies. The purposive sampling is used for the selection of the data. The analysis uses different test analysis methods and panel data regression tests. The results prove that FTs prove to be a strong predictor of FOFS in banking companies, while in energy companies it is not proven. Furthermore, TATAs have not been proven to affect FOFS in companies in both sectors. Meanwhile, NOIs have a negative effect on FOFS. The implication is for the banking sector, the potential for FOFS is more due to the disclosure of high Return on assets (ROA) and low-income ratios. In contrast, in the energy sector, companies are strongly influenced only by low-income ratios.]]>
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