Asia Pacific Fraud Journal http://www.apfjournal.or.id/index.php/apf <div> <p><img style="padding-right: 10px; width: 200px;" src="https://apfjournal.or.id/public/site/images/tarjo/cover-apf.png" alt="" height="316" align="left" /></p> </div> <div style="text-align: justify;"> <p><strong>Asia Pacific Fraud Journal </strong>is published twice a year in January-June and July-December, with registered number ISSN: <a href="http://u.lipi.go.id/1457321904">2502-8731</a> (print), ISSN: <a href="http://u.lipi.go.id/1452505068">2502-695X</a> (online). Asia Pacific Fraud Journal now has been accredited "<strong>SINTA 3</strong> (Rank 3)" by Ministry of Research and Technology of The Republic of Indonesia (No SK. 225/E/KPT/2022). <strong>Asia Pacific Fraud Journal </strong>firstly published by Association of Certified Fraud Examiners (ACFE) Indonesia Chapter in 2016</p> <p><strong>Asia Pacific Fraud Journal</strong> encompasses original research articles and review articles including, Forensic Accounting, Fraud Prevention, Fraud Detection, Investigation, Crime, Criminology.</p> <p title="register">For the author interested in submitting the manuscript, kindly <a href="https://apfjournal.or.id/index.php/apf/user/register" target="_blank" rel="noopener"><strong>register</strong> </a>yourself. The author guidelines can be viewed here, and the manuscript template can be downloaded <a href="https://docs.google.com/document/d/16T82glb0zhZF-d5u5aahNPWTFID0SHaf/view?pli=1" target="_blank" rel="noopener"><strong>here.</strong></a> Already have a Username/Password for <strong>Asia Pacific Fraud Journal?</strong> go to <strong><a href="https://apfjournal.or.id/index.php/apf/login" target="_blank" rel="noopener">login</a>.</strong></p> </div> Association of Certified Fraud Examiners Indonesia Chapter en-US Asia Pacific Fraud Journal 2502-8731 The Role of Forensic Accounting and Non-Financial Measurement for the Financial Audit http://www.apfjournal.or.id/index.php/apf/article/view/243 <p>Due to a lack of competency, including knowledge and experience, non-financial measurement skills are now required by auditors in order to prove fraud. As a result, this research aims to identify the gap between the practice requirements and the output of the audit training centre and the role of the forensic accounting curriculum in filling that gap. This research examines the best strategies for establishing competent and reliable auditing practice results. The non-participatory observation data mining method is used in this study. The study discovered that the auditing education and training centre had not taught and did not have a fraud prevention and detection curriculum based on non-financial measurement. As a result, this study recommends that Training Centre develop the audit curriculum in accordance with The International Education Standard. Furthermore, this study suggests that auditing education and training centres involve forensic accounting practitioners in team-teaching, particularly investigative audit topics.</p> Mohamad Mahsun Oluwatoyin Muse Johnson Popoola Rida Perwita Sari Copyright (c) 2023 Asia Pacific Fraud Journal 2023-12-12 2023-12-12 8 2 197 209 10.21532/apfjournal.v8i2.243 Corporate Governance on Natural Resources: Lessons from the Past Years’ Scandal, Fraud, and Corruption http://www.apfjournal.or.id/index.php/apf/article/view/275 <p>The recognition of corporate governance as one of the solutions to scandal, fraud, and corruption has generated interest among scholars who seek to comprehend the underlying theoretical mechanism of corporate governance practices. Using scientific literature from the Web of Science and news media, this research attempts to probe the conceptual basis for corporate governance in preventing crimes in managing natural resources. Based on the theories of corporate governance, this study reviews the framework and elaborates the challenges of implementing the practices of corporate governance in reducing scandal, fraud, and corruption. Agency and stakeholder theories are mostly used to scrutinize the practice of doing good business. We also evaluate how news media serve as an effective avenue for the public to receive unbiased information. Some major corporate cases reported in news media have indeed provoked scholars to shed light on the role of corporate governance in the presence of the crisis.</p> Prima Naomi Iqbal Akbar Copyright (c) 2023 Asia Pacific Fraud Journal 2023-12-12 2023-12-12 8 2 211 227 10.21532/apfjournal.v8i2.275 Integrity Disclosure in Banking Companies in Indonesia http://www.apfjournal.or.id/index.php/apf/article/view/287 Fraudulent practices such as corruption can lead losses and are one of the obstacles to achieving company goals. This has a lot to do with a lack of integrity. Integrity is a concept related to a commitment to comply with the ethics, values, and norms in society. The purpose of this study is to identifythe integrity disclosure in banking companies in Indonesia. The research method is content analysis based on information from the bank’s official website. The measurement uses the Integrity Framework Disclosure Index (IFDi) which includes 13 indicators with 47 disclosure items. Integrity disclosure measurement is conducted on 107 online websites of Indonesian banking companies that are registered in the Financial Services Authority (OJK). The results of this study indicate that integrity disclosure in banking companies in Indonesia is high with an average score of 37 out of 47 disclosure items, or 79.44%. The state-owned bank group has the highest integrity disclosure with an average score of 44.25 out of 47 disclosure items. Christina Seva Pranata Intiyas Utami Natasia Alinsari Copyright (c) 2023 Prof. Dr. Intiyas Utami, SE.,M.Si.,Ak., CA.,CMA.,QIA. 2023-12-12 2023-12-12 8 2 229 248 10.21532/apfjournal.v8i2.287 Human Resource Management in Policing Fraud http://www.apfjournal.or.id/index.php/apf/article/view/299 This paper draws on the roles of Human Resource Management (HRM) in policing fraud by the Indonesian National Police (INP). The method of this study is a literature review and document analysis. This research finds that HRM has a role in policing fraud through 1) recruitment, 2) education, 2) use/development, 3) maintenance and 4) termination from the office. HRM is potentially essential for improving police professionalism. Further, the HRM success application may cause the success of bureaucracy and governance reform for corruption prevention in the INP. Moreover, operational policing fraud can be improved by reliable HRM practices. Next, this paper suggests a further empirical study to explore HRM in policing and its role in policing fraud. Dirin Dirin Yuyun Arief Kus Handriatmo Dicky Irawan Kesuma Nugroho Ari Setyawan Copyright (c) 2023 Dirin -, Yuyun Arief Kus Handriatmo, Dicky Irawan Kesuma, Nugroho Ari Setyawan https://creativecommons.org/licenses/by-sa/4.0 2023-12-12 2023-12-12 8 2 249 268 10.21532/apfjournal.v8i2.299 Business Email Compromise (BEC) Fraud and How to Prevent it http://www.apfjournal.or.id/index.php/apf/article/view/307 Cybercrime is on the rise both at the national and cross-border levels. The latest mode of cybercrime is fraud using Business Email Compromise (BEC). A qualitive analysis method with literature study is applied to discuss two key questions of this paper. First, how does the BEC scheme occur?. Second, how an organization/company can prevent/mitigate the risk of BEC fraud. This paper concludes that BEC can be executed in the form of phishing emails sent by perpetrators (both internal and external actors of the organization) to the target victim (organization’s employees) in order to deceive and obtain financial gain. Various efforts can be made by an organization/company to prevent the risk of BEC fraud, among others in the form of implementing a risk management system, implementing an information security management system, and increasing the organization’s internal awareness. Dwi Siska Susanti Fitria Errinandini Subandi Naila Failasufa Wibi Anska Putri Copyright (c) 2023 Dwi Siska Susanti, Fitria Errinandini Subandi, Naila Failasufa, Wibi Anska Putri 2023-12-29 2023-12-29 8 2 269 280 10.21532/apfjournal.v8i2.307 Detecting Fraud in Financial Statements Through the Fraud Triangle Model: The Case of Indonesia http://www.apfjournal.or.id/index.php/apf/article/view/244 <p>Referring to ACFE Global’s in the year 2016 until 2018 RTTN, fraudulent financial statement detection is a typical frequency occurrence and gets a large median loss. This study’s purpose is to determine the perspective of the fraud triangle as measured by three elements where fraud occurs in financial statements and is proxied by earnings management. The population is chosen from banking industries that have been listed on the Indonesia Stock Exchange in 2018-2020. The research sample was 25 banks based on the purposive sampling method as criteria sampling. Objects found are 75 objects and hypothesis testing used binary logistic regression. The results show that the fraud triangle perspective simultaneously affects fraud on financial statements. But, partially only pressure factors as proxied by return on assets were shown to be significantly positive, while other pressure factors were financial stability, external pressures, the nature of the industry, effective monitoring with the measure by the independent commissioner, and the rationalization factor, measured by total accruals (TACC) have no significant. The fraud triangle measurement is only used in this research to detect fraud. In addition, very limited sample use because it only covers 4 years so it cannot provide sufficient confidence. It is important to ascertain and analyze fraud factors that can affect financial reporting to minimize fraud that occurs. Management must obtain the widest possible information for making the right decisions so that the triggers of fraud can be minimized and eliminated</p> Agoestina Mappadang Copyright (c) 2023 Asia Pacific Fraud Journal 2023-12-29 2023-12-29 8 2 281 293 10.21532/apfjournal.v8i2.244 Can a Village Website Be an Indicator of Public Transparency? http://www.apfjournal.or.id/index.php/apf/article/view/303 The village is the lowest unit that must be a government structure which in financial management is based on the principles of good governance and transparency. Transparency as accountability to all stakeholders as well as a supervisory effort to minimize fraudulent forms of financial management. One form of transparency is through the management of village websites. But in reality the village website has not been managed optimally. Therefore, this study aims to analyze the transparency of village financial management through websites in 280 villages that are within the scope of the Grobogan Regency area. The method used is qualitative research with a descriptive interpretation approach, namely observing, describing and interpreting objects and then drawing conclusions. Data collection based on content analysis regarding village management achievements. The results showed that the utilization of village websites in Grobogan Regency as a form of transparency had not been maximized. The lack of transparency is due to the lack of information provided, and many websites only provide tools with no content in them, thereby triggering a possible decrease in public and other stakeholders’ trust in village management Mika Puspitasari Choironi Ardiyansyah Aprina Nugrahesthy Sulistya Hapsari Copyright (c) 2023 Mika Puspitasari, Choironi Ardiyansyah, Aprina Nugrahesthy Sulistya Hapsari 2023-12-29 2023-12-29 8 2 295 309 10.21532/apfjournal.v8i2.303 The Effect of Tax Planning on Earnings Management http://www.apfjournal.or.id/index.php/apf/article/view/298 This 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 evasion Posma Sariguna Johnson Kennedy Theresia Feolina Franstitus Emerald G.M. Tobing Copyright (c) 2023 Posma Sariguna Johnson Kennedy, Theresia Feolina Franstitus, Emerald G.M. Tobing 2023-12-29 2023-12-29 8 2 311 326 10.21532/apfjournal.v8i2.298 Effectiveness of the Internal Control System Against Fraud Tendencies “Meta-Analysis Study” http://www.apfjournal.or.id/index.php/apf/article/view/308 The aim of this research is to evaluate the impact of internal control on fraud tendencies. This research uses a meta-analysis approach by reviewing comparable previous studies. This study invloves 20 previous studies published from 2017 to 2021 with themes related to the effect of internal control systems on fraud tendencies as the research sample. The aim of using the most recently published research is to maximize the effectiveness of this research. The JASP (Jaffreys’ Amazing Statistical Application) and Microsoft Excel programs are used to process the data in the meta-analysis. The outcome show that internal control system has a negative and significant effect on fraud tendencies. This is consistent with the theory and results of previous studies which show that the more effective the internal control system is implemented, the less likely fraud to occur in organizations. Therefore, based on the findings of this study, businesses and governmental organizations must have internal control systems in place to lessen the likelihood of fraud Faisol Faisol Bambang Haryadi Siti Musyarofah Anggi Pradhita Iswahyudi Copyright (c) 2023 Faisol Faisol, Anggi Pradhita Iswahyudi, Muhammad Akbar 2023-12-29 2023-12-29 8 2 327 339 10.21532/apfjournal.v8i2.308 Analysis of Performance Anomaly and Fraudster Profile for Fraud Prevention and Detection http://www.apfjournal.or.id/index.php/apf/article/view/309 The rapid development of technology provides us with a lot of data that can be used for various purposes, such as fraud risk management. Data analytics should be the basis for anti-fraud activities related to prevention and detection processes. This study aims to elaborate on the data analytics used in developing fraud red flags based on historical reports. By applying anomaly data analytics and demographic profiles of fraudsters, this study finds that performance anomalies contribute 68% to fraud, while 3 to 10 years of service without career advancement can trigger motivation to commit fraud. Finally, the paper recommends that data analytics should be followed by human approaches such as lifestyle audits and career advancement programs. Further research is expected to be able to complement other parameters for data analysis and use statistical methods to obtain more accurate results. Dona Ramadhan Copyright (c) 2023 Dona Ramadhan 2023-12-29 2023-12-29 8 2 341 349 10.21532/apfjournal.v8i2.309 Determinants of Budgets Fraud for Handling COVID-19 in Makassar City http://www.apfjournal.or.id/index.php/apf/article/view/300 <p>This study aims to examine the determinants of budget fraud for handling COVID-19 in the city of Makassar. This study uses a survey method for data collection. The samples of this research are 171 employees who work in Local Government Organizations in Makassar City while the data analysis tool uses SMART PLS software.The results of this study indicate that the greater the pressure, opportunity, competence, and arrogance of a person, the greater the level of fraud that occurs in a country. However, different results were found on the rationalization variable that fraud that occurred in a country was not influenced by a person’s rationalization in justifying his actions. Moderation in this study shows that bureaucratic reform can weaken the relationship between pressure and opportunity for fraud. However, it strengthens the connection between justification, competence, and arrogance to the occurrence of fraud</p> Ismawati Ismawati Indriana Indriana Rosidi Rosidi Mohamad Khoiru Rusydi Copyright (c) 2023 Ismawati Ismawati, Indriana Indriana, Firmansyah Firmansyah 2023-12-29 2023-12-29 8 2 351 367 10.21532/apfjournal.v8i2.300 The Effect of Hexagon Fraud Theory Components of Academic Fraud for Accounting Department Students with Gender as a Control Variable http://www.apfjournal.or.id/index.php/apf/article/view/318 Academic 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 gender Muh Fitrah Ananda Firmansyah Dian Oktarina Copyright (c) 2023 Dian Oktarina 2023-12-29 2023-12-29 8 2 369 380 10.21532/apfjournal.v8i2.318 Audit Experience, Independence, and Professional Skepticism Against Fraud Detection: Time Pressure as a Moderating Factor http://www.apfjournal.or.id/index.php/apf/article/view/331 The extraordinary effect of the Covid-19 outbreak, which pushes society and government to deal with a new normal in the face of situation uncertainty, raises the risk of fraud. The goal of this study is to predict and explain the effect of audit expertise, independence, and professional skepticism on fraud detection, with time pressure acting as a moderating variable. This inquiry employed the explanatory approach. The population comprises of BPK RI (The Audit Board of the Republic of Indonesia) and BPKP (Finance and Development Supervisory Agency) auditors from South Kalimantan Province, and the samples include 85 respondents. Surveys are used to collect data. The data suggest that audit knowledge and professional skepticism have a positive influence on fraud detection; independence has no effect on fraud detection; and time constraint has no effect on fraud detection. Kemala Maulida Nurlita Novianti Copyright (c) 2023 Kemala Maulida, Nurlita Novianti 2023-12-29 2023-12-29 8 2 381 393 10.21532/apfjournal.v8i2.331 The Awakening of Post-Fraud Enthusiasm http://www.apfjournal.or.id/index.php/apf/article/view/305 Trust is the basis of a person’s reciprocal relationship. Entrusting the management of a business to another party requires strong conviction and a clear agreement between the two parties because it is very vulnerable to fraudulent actions with various motives. This study uses a qualitative phenomenological approach that occurs, in the form of fraudulent acts with abuse of power, by analyzing the fraud triangle. Fraud behavior can be based on trust in the perpetrators of fraud which is used as an opportunity to commit fraud because there is no suspicion and even no control is carried out. The arrogance factor also encourages perpetrator to abuse the trust he has. Even the perpetrator of fraud confidently reports the business owners with allegations of embezzlement of funds as a form of self-defense for the fraud he has committed. This situation forces the business owners to change the director, strengthen internal control systems, and integrate simple technology as an effort to restore business and minimize fraud in the future Danny Wibowo Copyright (c) 2023 Danny Wibowo 2023-12-29 2023-12-29 8 2 395 405 10.21532/apfjournal.v8i2.305 Fraud Prevention in the Village Fund System: A Case Study in Marga Mulya Village, Tangerang http://www.apfjournal.or.id/index.php/apf/article/view/290 <p>The purpose of this study is to examine fraud prevention in the village fund system using the metrics stated in Permendesa No.19 of 2020. SISKEUDES were formed by the Financial and Development Supervisory Agency (BPKP) to enhance village government and financial management. Internal control is an important component in mitigating the possibility of village money being misused. The qualitative descriptive approach was used to conduct the research at Marga Mulya Village. Data was collected through interviews and observations, and data triangulation was employed as an analytical tool. Internal control in the village financial system has been implemented fairly effectively, according to the study’s results and discussion, as internal control efforts have been applied to each indicator in Permendesa No.19 of 2020. However, there is still a risk of fraud because various internal control indications that have been created have not been followed up on in a timely and appropriate manner</p> Septian Bayu Kristanto Copyright (c) 2023 Septian Bayu Kristanto 2023-12-29 2023-12-29 8 2 407 417 10.21532/apfjournal.v8i2.290 Back Cover http://www.apfjournal.or.id/index.php/apf/article/view/337 Editor Editor Copyright (c) 2023 Editor Editor 2023-12-12 2023-12-12 8 2 10.21532/apfjournal.v8i2.337 Table of Content http://www.apfjournal.or.id/index.php/apf/article/view/335 Editor Editor Copyright (c) 2023 Editor Editor 2023-12-12 2023-12-12 8 2 10.21532/apfjournal.v8i2.335 Back Page http://www.apfjournal.or.id/index.php/apf/article/view/336 Editor Editor Copyright (c) 2023 Editor Editor 2023-12-12 2023-12-12 8 2 419 423 10.21532/apfjournal.v8i2.336 Front Cover http://www.apfjournal.or.id/index.php/apf/article/view/334 Editor Editor Copyright (c) 2023 Editor Editor 2023-12-12 2023-12-12 8 2 10.21532/apfjournal.v8i2.334