Asia Pacific Fraud Journal (APFJ - Association of Certified Fraud Examiners, ACFE)
Not a member yet
303 research outputs found
Sort by
Analysis of Policy, Supervision and Control Functions Through the Level of Efficiency, Effectiveness and Activity of the Village Budget (Case Study in Dawuan Tengah Village, Karawang for the Period 2017-2019)
Full text linkThe purpose of this research is to determine the function of policy, supervision and control through the ratio of effectiveness level, efficiency level and activity level of Village Budget in Dawuan Tengah Village. The Village Budget Report was obtained from the Secretary of Dawuan Tengah Village. This research uses quantitative and qualitative approaches. Processing the data analysis is done by means of the likert scale method and quantitative method by calculating the ratio of effectiveness level, efficiency level and activity level. Overall, it can be concluded that during a period of 3 years (2017-2019) the results and achievements of the village budget management have been very effective, very efficient and very maximal. The performance of the village government in allocating village fund budget is excellent. Village funds are able to make a better changes for Dawuan Tengah Village. The implementation of policy, supervision and control of the village budget is quite effective and efficient and all activities run very optimally so that there is no potential for fraud
Accountability for the Implementation of State Finances (APBN) for the Covid-19 Pandemic Program and National Economic Recovery (PC-PEN) in the Fiscal Year 2020
Full text linkThis study aims want to see the results of the examination of the Supreme Audit Agency (BPK) in its reporting to the House of Representatives of the Republic of Indonesia (DPR-RI) concerning the study of State Finance to fulfill the task of inspection of Accountability for Implementation of the Budget (APBN) for the Fiscal Year 2020 related explicitly with the COVID-19 Handling and National Economic Recovery Program (PC-PEN), in connection with the Internal Control System (SPI) and Compliance with Legislation. The research method in this study is to use qualitative methods through the literature or secondary data. The process of collecting data in this research is by using the form of documentation and literature study, namely by collecting and studying data, especially those taken from the results of the BPK examination. Although the BPK’s examination results gave an “Unqualified Opinion†(WTP), BPK still saw that it did not fully achieve the effectiveness, transparency, accountability, and compliance of State Finance management and responsibilities in the PC-PEN Program in the COVID-19 pandemic emergency conditions
Beneish Model: Detection of Indications of Financial Statement Fraud Using CEO Characteristics
Full text linkThe study aims to analyze the influence of CEO characteristic factors on indications of financial statement fraud using the Beneish Model. Based on the upper echelon theory, this study proposes six hypotheses which are tested using logistic regression analysis. This study uses secondary data derived from financial statements or annual reports of mining companies listed on the Indonesia Stock Exchange from 2015 to 2019. The results of this study show that CEO characteristics in the form of CEO age, educational background, and work experience cannot be used as indicators that can detect financial statement fraud. Meanwhile, some other characteristics that are still the focus of this study, such asCEO’s gender, tenure, and nationality havean influence on indications of financial statement fraud. So, it can be concluded that the CEO characteristics that have a link in detectingfinancial statement fraud can be considered fraud prevention efforts
The Role of Supervision: Is it Still Optimal in the Assistant Lecturer Corps?
Full text linkThis research aims to describe the monitoring function of operational activity in the Assistant Lecturer Corps of the Faculty of Economic and Business (FEB), Satya Wacana Christian University (UKSW). The operational activity of the Assistant Lecturer Corps of the Faculty of Economic and Business is divided into two general activities: plotting activity and financial activity. This research uses interviews with Assistant Coordinator, ex Assistant Coordinator, student, and Deputy Dean as interviewees. Furthermore, this research uses Assistant Coordinator Report and Standard Operational Procedure (SOP) as literature review. The result of this paper shows that supervision has already done in plotting and financial activities. Nevertheless, the implementation of supervision as an internal control is not optimum due to the availability of harmful fraud risk. The Assistant Lecturer Corps’ SOP policy is irrelevant and not implemented properly. Furthermore, there is no integrated information system for monitoring the activity
The Attachment of Leadership and Followership that Prioritizes Integrity in Realizing an Anti-Corruption Organization
Full text linkHumans play an important role in an organization. Humans, according to their responsibilities in an organization, are divided into leaders and followers. Both leaders and followers create a dynamic environment that produces organizational culture. This paper aims to emphasize the imperative need for leaders and followers to act with integrity. Tone at the top has proven to be an effective antidote to corruption, while followers must also be able to protect their leaders from asymmetric information that could lead them to unfair decisions. The method used in this paper is a literature study and comparative analysis applied in private companies in South Tangerang and public offices in Jakarta. The results of this study demonstrate the importance of integrity for both leaders and followers in achieving an anti-corruption organization
Market Consequences and Real Earnings Management: Empirical Study in Indonesia
Full text linkThis research examined the consequences of real earnings management. We analyzed real earnings management’s effects on two aspects of investment: capital market and earnings informativeness. We rely on the efficient market hypothesis theorized by Fama (1969)to predict the market and accounting consequences caused by real earnings management. Our population and samples are a non-financial company listed on the Indonesian Stock Exchange during 2013-2017. We conducted event studies that examine cumulative abnormal return and earnings response coefficient two days before and after the financial statement was published. The model results showed that real earnings management has a negative impact on both stock return and the informativeness of earnings. We also found empirical evidence that the capital market could reach an indication of earnings manipulations through real earnings management. Those results give us the insight that the Indonesian capital market level of efficiencies classified into semi-strong form
The Role of Independent Commisioners in Moderating the Effect of Profitability, Company Size and Company Risk on Tax Avoidance
Full text linkThe purpose of this study was to determine and analyze the the role of Independent Commissioners in moderating the effect of profitability, company size, and company risk on tax avoidance in manufacturing companies on the Indonesia Stock Exchange period 2016-2018 with a total of 77 companies. The sampling technique in this study used a purposive sampling technique with a total observation are of 231 firm-years. With multiple regression analysis, this research showed that the Company’s Profitability and Risk had a significant positive effect on Tax Avoidance, while Company Size did not have a significant effect on Tax Avoidance. The Independent Commissioners succeeded in weakening the positive influence of profitability and company risk on tax avoidance.This research succeeds in proving that as a component of the corporate governance mechanism, the Independent Commissioner has a role in supervising managerial decisions, including tax decision
A Review on Cyberloafing: The Effects of Social Platforms on Work Performance
Full text linkCyberloafing is a collection of work-related behaviours in which an employee engages in electronically-mediated activities, notably through the use of the internet, that are unrelated to their job duties. The development of communication technology has become a blessing in disguise for employees’ work performance, and over the years, organisations have tried to improve work-related activities that would have an impact on their employees’ work performance and also deal with how they cope with the usability of the internet. This paper aims to review and analyse cyberloafing with regards to the use of social platforms on work performance in previous studies conducted in Saudi Arabia. The findings demonstrate that increasing educational activities on an hourly basis has a favourable impact on work performance, whereas reducing time spent on social media networks increases time spent on work-related activities and hence increases work performance. Employers should create a balance between work and leisure time for their employees to ensure more productivity as technology makes people spend more time on their devices. Hence, work-leisure policies will be crucial in improving work performance and maintaining discipline during working hours