Asia Pacific Fraud Journal (APFJ - Association of Certified Fraud Examiners, ACFE)
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303 research outputs found
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Factors that Influence Financial Statement Fraud with Fraud Pentagon Analysis
Full text linkThis study has a purpose to observe what is the impact of Fraud Pentagon Theory. This includes the following opportunity (as proxied) using the industrial nature variables and ineffective monitoring, capability (as proxied by the variable of change in director), rationalization (as proxied by the variable of change in auditor), arrogance (as proxied by the variable of political connection), and pressure (as proxied by the variables of financial target and financial stability), toward financial statement fraud in an agricultural company listed on the Indonesia Stock Exchange (IDX) from 2016 - 2019, with a total sample of 72 agricultural firms. There are two kinds of quantitative approaches used in this study. First is a purposive sampling technique. Second, multiple linear regression using SPSS 24. This finding shows financial stability variables and targets cause financial statement fraud. Fortunately, those variables which not effect financial statement fraud are the industrial nature, ineffective monitoring, director changing, auditor changing, and political connection
Collusion Fraud Risk Mitigation with Integration of Data Analytics in E-Tendering
Full text linkThere are already mandates and recommendations for detecting indications of tender collusion, but the risk of collusion in e-tendering has not been handled properly. Meanwhile, data analytics competency has become a prerequisite for successful digital transformation. This study aims to reveal the projection of data analytics integration in controlling collusion risk in e-tendering. This study uses a quantitative research method. The object of this study includes data on the risk of tender collusion and the KPPU’s Decisions for 2021 and 2022. The results of this study reveal that the average similarity of bids is 0.5308, a parameter indicating the risk of collusion in tenders. Existing controls have not been effective in dealing with this risk. Control development can be designed by referring to KPPU regulations and recommendations to LKPP. Maximum control standards can be applied by developing preventive controls in the form of data analytics competence training for the Selection Committee so that they are able to detect indications of collusion in tenders. In addition, data analytics tools need to be integrated into e-tendering in the Electronic Procurement System (SPSE)
The Effect of Tax Planning on Earnings Management
Full text linkThis study aims“to determine the effect of tax planning accompanied by other variables, namely leverage and firm size, on earnings management. The research method is a descriptive and quantitative study using statistical techniques of multiple linear regression analysis. The population are “non-manufacturing companies in the infrastructure sector listed on the Indo-nesia Stock Exchange (IDX) during 2014-2018. Sample selection using the purposive sam-pling technique was obtained from 19 firms. The sources of data in this research are second-ary data. The results show that tax planning and company size affect earnings management. Vice versa, the variable leverage and interest rates don’t affect earnings management. Simul-taneously, leverage, tax planning, and company size significantly influence earnings manage-ment. What needs to be considered, taxpayers undertake a practice to reduce or minimize the tax burden to be paid to the state, often slipping into fraud such as tax evasio
Do Good Corporate Governance and Whistleblowing Systems in Bank Industry Effectively Support Fraud Detection and Prevention?
Full text linkFraud can damage a business organization, and it might threaten the goals and targets achievement. It is very important to implement an effective strategy for detecting and preventing fraud. This research measures how good corporate governance principles, represented by the board of commissioners (BoC), audit committee (AC), internal audit units, and also whistleblowing system support fraud detection and prevention in banking companies. The data is analyzed using SMART-PLS with a total of 8 banks’ data for seven years from 2015 to 2021. It is found that good corporate governance executors affect the WBS by 51.3%, while fraud detection is affected both by the good corporate governance mechanism and the whistleblowing system by 37.5%. Both the board of commissioners and audit committee were found to affect the whistleblowing system, while internal audit units don’t. In contrast to this, fraud is affected by internal audit units and whistleblowing systems. Both regulators and companies must realize that both the human aspect and technology aspect, each represented by GCG principles and whistleblowing system have an important effect on fraud detection
Regulation in Preventing Fraud that Occurs Through Digital Physical Gold Trading by Integrating Technology and Human Approaches
Full text linkThis paper aims to identify and describe the laws that apply to developments in physical digital gold transactions carried out on e-commerce platforms in Indonesia, as well as to examine and analyze the legal provisions that need to be refined to prevent acts of fraud. This research is a juridical-empirical research, which is a research that adheres to the object of research based on the behavior of the community as a result of interactions with available norm systems such as laws and regulations as well as actions that form legislation. Without ignoring the fact that Indonesia is experiencing growth in digital transactions, it is also accompanied by an increase in the level of corruption, in the other hand, there are no supporting empirical facts, as such, it does not implied an absence of fraud in digital gold transactions. Therefore, the author will provide his perspective, aim and recommendation for better fraud (corruption) prevention in legal aspect
The Effect of Hexagon Fraud Theory Components of Academic Fraud for Accounting Department Students with Gender as a Control Variable
Full text linkAcademic fraud refers to dishonest and unethical behavior exhibited by individuals in the academic realm, primarily for personal gain. Such fraudulent activities can harm the public’s perception of college graduates. This study aims to investigate the impact of the hexagon fraud theory component on academic fraud among students studying accounting. The data collection for this study involves quantitative and survey methodologies. The study’s analysis is conducted using SEM PLS. The study had the participation of 153 students pursuing a bachelor’s degree in accounting. The results of the study reveal that capability, arrogance, and collusion have a significant impact on academic fraud. However, academic fraud remains unaffected by pressure, opportunity, rationalization, and gende