Fraud Risk Assessment in Audit Planning in Internal Supervision Units: Case Study of Transportation Companies
- DOI
- 10.2991/assehr.k.210531.054How to use a DOI?
- Keywords
- Fraud, Audit Intern, Fraud Risk Management, Fraud Risk Assessment
- Abstract
The purpose of this study is to assess the maturity of PT X’s fraud risk management program at the corporate level, compile a fraud risk assessment matrix by identifying possible fraud risk schemes, conduct fraud risk assessments (fraud risk assessment), and compile the Annual Supervision Work Program at the Sub Directorate of Internal Supervision Unit of PT X. This study uses quantitative and qualitative research (mix method) with descriptive research types. Primary data are obtained through observations and interviews with relevant officials to determine the maturity of fraud risk assessments, and secondary data are obtained through policy documents and internal company reports. The results of the study indicate that the maturity level of PT X’s fraud risk management was 9.98 of 45 or 22.2%. The fraud risk assessment identified 38 fraud risk schemes and a residual risk level consisting of 11 low-risk, 11 medium-risk, and 14 high-risk schemes. PT X’s fraud risk assessment resulted in 11 internal supervision activities and 584 days of supervision that must be carried out within one year of supervision at the Head Office and Transbusway SBU.
- Copyright
- © 2021, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Eka Septariana Puspa AU - Lufti Julian PY - 2021 DA - 2021/05/31 TI - Fraud Risk Assessment in Audit Planning in Internal Supervision Units: Case Study of Transportation Companies BT - Proceedings of the Asia-Pacific Research in Social Sciences and Humanities Universitas Indonesia Conference (APRISH 2019) PB - Atlantis Press SP - 418 EP - 425 SN - 2352-5398 UR - https://doi.org/10.2991/assehr.k.210531.054 DO - 10.2991/assehr.k.210531.054 ID - Puspa2021 ER -