Risk Management and other Factors Preventing Fraudulent Financial Reporting by State-Owned Enterprises in Indonesia

Asian Economic and Financial Review

article

R Ait Novatiani¹  Nunuy Nur Afiah²  Roebiandini Sumantri² 

[1] Faculty of Economics and Business, Padjadjaran University, and Faculty of Economics and Business, Widyatama University;Faculty of Economics and Business, Padjadjaran University

关键词: Risk management;    Good corporate governance;    Internal audit function;    effectiveness;    Financial reporting quality;    Fraudulent financial reporting;    prevention.;   

DOI  :  10.55493/5002.v12i8.4587

学科分类：社会科学、人文和艺术（综合）

来源: Asian Economic and Social Society

【 摘 要 】

This study aims to provide an overview of the effects of risk management and the implementation of good corporate governance (GCG), and the effectiveness of the internal audit function on the prevention of fraudulent financial reporting and its impact on the quality of financial reporting of state-owned enterprises (SOEs) in Indonesia. Questionnaires are used to determine risk management and other factors that influence each other and their impact on the quality of financial reporting. The questionnaire and survey results of 90 state-owned enterprises (BUMN) and 360 respondents. SEM-PLS was used to analyze the data, and the results show that the implementation of GCG, the effectiveness of the internal audit function and risk management have an effect on financial reporting. This is based on the results of research stating that the effectiveness of the internal audit function is able to prevent financial reporting fraud. The professionalism of the internal auditor, who must carry out audits in a correct and professional manner, demonstrates their credibility. This, and audit training, is often not optimal.

【 授权许可】

CC BY