Preprint has been submitted for publication in journal
Preprint / Version 1

Determination of Asset Misappropriation with Internal Control System as Moderating Variable


Determinasi Asset Misappropriation dengan Sistem Pengendalian Internal sebagai Variabel Moderasi

##article.authors##

DOI:

https://doi.org/10.21070/ups.4624

Keywords:

fraud star, organizational culture, asset misappropriation, internal control system

Abstract

Asset misappropriation is one type of fraud that often occurs and is committed by management and employees. The purpose of this study was to analyze and empirically test the effect of fraud star and organizational culture on asset misappropriation detection with the internal control system as a moderating variable. This study uses a quantitative approach using a saturated sampling method by distributing questionnaires to Sidoarjo Regency OPD employees totaling 97 respondents. The analysis technique in this study is PLS analysis. The results in this study show that opportunity and ability have a positive effect on asset misappropriation, while pressure, justification, integrity and organizational culture have no effect on asset misappropriation. It was also found that the internal control system does not reduce the effect of pressure, opportunity, justification, ability and integrity on asset misappropriation but, the internal control system can moderate the relationship between organizational culture and asset misappropriation. 

Downloads

Download data is not yet available.

References

H. Umar, “Corruption the devil,” BUKU DOSEN-2016, 2017.

N. W. F. R. Dewi and K. A. Suardana, “SPI Memoderasi Pengaruh SIA, Tekanan Keuangan, Komitmen Organisasi dan Budaya Organisasi Pada Kecenderungan Kecurangan,” E-Jurnal Akunt., vol. 32, no. 12, pp. 3477–3490, 2022.

F. Ramadlan and R. Yuliana, “Analysis of Fraud Star and Organizational Commitment To Asset Misappropriation Detection With Internal Control System,” Int. Colloq. Forensics Account. Gov., vol. 1, no. 1, pp. 189–201, 2020.

ACFE, “Occupational fraud 2022: a report to the nations,” Occupational Fraud 2022. Association of Certified Fraud Examiners Austin, pp. 1–96, 2022.

L. Lutfi and S. Biduri, “Apakah Organization Culture dan Whistleblowing Berpengaruh Terhadap Fraud?,” Seminar Nasional dan The 5th Call For Syariah Paper (SANCALL) 2018, 2018.

D. Priantara, “Fraud auditing & investigation,” 2022.

M. Siahaan, H. Umar, and R. B. Purba, “Fraud Star Drives to Asset Misappropriation Moderated by Internal Controls,” J. Southwest Jiaotong Univ., vol. 54, no. 4, pp. 1–10, 2019, doi: 10.35741/issn.0258-2724.54.4.24.

T. A. A. Koomson, G. M. Y. Owusu, R. A. Bekoe, and M. Oquaye, “Determinants of asset misappropriation at the workplace: the moderating role of perceived strength of internal controls,” J. Financ. Crime, vol. 27, no. 4, pp. 1191–1211, 2020.

D. R. Cressey, Delinquency, crime and differential association. Springer Science & Business Media, 2012.

D. T. Wolfe and D. R. Hermanson, “The fraud diamond: Considering the four elements of fraud,” 2004.

G. L. Vousinas, “Advancing theory of fraud: the SCORE model,” J. Financ. Crime, vol. 26, no. 1, pp. 372–381, 2019.

M. E. Lokanan, “Challenges to the fraud triangle: Questions on its usefulness,” in Accounting Forum, Elsevier, 2015, pp. 201–224.

H. Umar and R. B. Purba, “Management determinants among the relation of corruption, accountability, and performance,” Int. J. Civ. Eng. Technol., vol. 9, no. 9, pp. 768–773, 2018.

S. Mardiah, “Faktor-Faktor Yang Mempengaruhi Penyalahgunaan Aset,” KRISNA Kumpul. Ris. Akunt., vol. 13, no. 1, pp. 14–24, 2021.

M. Adhitya, Z. Supri, and Riyanti, “Pengaruh Komponen Fraud Risk Diamond Terhadap Asset Misappropriation pada Aparat Pemerintah,” Media Bina Ilm., vol. 17, no. 7, pp. 1651–1660, 2023.

S. J. Suluo and B. K. Mayemba, “Determinants of Bank Employees’ Engagement in Asset Misappropriation in Tanzania,” Bus. Manag. Rev., vol. 26, no. 1, pp. 92–103, 2023.

G. M. Y. Owusu, T. A. A. Koomson, S. A. Alipoe, and Y. A. Kani, “Examining the predictors of fraud in state-owned enterprises: an application of the fraud triangle theory,” J. Money Laund. Control, vol. 25, no. 2, pp. 427–444, 2022.

H. Yusrianti, I. Ghozali, and E. N. Yuyetta, “Asset Misappropriation Tendency: Rationalization, Financial Pressure, and the Role of Opportunity (Study in Indonesian Government Sector),” Humanit. Soc. Sci. Rev., vol. 8, no. 1, pp. 373–382, 2020, doi: 10.18510/hssr.2020.8148.

A. Tarmizi, “Pengaruh Komponen Fraud Risk Triangle Terhadap Asset Misappropriation, Pada Pegawai Pd. Pasar Jaya Pemda Dki Jakarta,” J. Perspekt. Manajerial dan Kewirausahaan, vol. 2, no. 1, pp. 55–64, 2021.

Y. L. Utami, A. Rakhmayani, D. O. Imtichana, and N. Hajar, “Determinants of Asset Misappropriation by Employee from New Fraud Triangle Theory Perspective (Case Study on Holding Company in Central Java),” Int. J. Econ. Bus. Account. Res., vol. 5, no. 2, 2021.

E. K. Ghani, N. Mohamed, M. A. Tajudin, and K. Muhammad, “The Effect of Leadership Style, Organisational Culture and Internal Control on Asset Misappropriation,” Acad. Account. Financ. Stud. J., vol. 25, no. 5, pp. 1–12, 2021.

P. Ardi and D. Urumsah, “Factors Influencing Intentions to Asset Misapproriation at Universities in the Province of West Kalimantan (A Research Conceptual Framework),” in 3rd Borneo International Conference on Islamic Higher Education (BICIHE) 2023, 2023, pp. 56–60.

N. W. Rustiarini, S. Sutrisno, N. Nurkholis, and W. Andayani, “Fraud triangle in public procurement: evidence from Indonesia,” J. Financ. Crime, vol. 26, no. 4, pp. 951–968, 2019.

U. Apriani, “Pengaruh komponen-komponen fraud star terhadap korupsi dengan Sistem Pengendalian Intern Pemerintah (SPIP) sebagai variabel moderasi (Studi kasus pada Mahkamah Agung RI),” J. Magister Akunt. Trisakti Vol, vol. 7, no. 1, 2020.

A. I. Zahari, J. Said, and R. Arshad, “Organisational fraud: a discussion on the theoretical perspectives and dimensions,” J. Financ. Crime, vol. 27, no. 1, pp. 283–293, 2020.

T. Hidajat, “Rural banks fraud: a story from Indonesia,” J. Financ. Crime, vol. 27, no. 3, pp. 933–943, 2020.

A. Abbasi, C. Albrecht, A. Vance, and J. Hansen, “Metafraud: a meta-learning framework for detecting financial fraud,” Mis Q., pp. 1293–1327, 2012.

J. Akuntansi, B. K. Nurani, M. Akuntansi, U. Diponegoro, and C. Author, “Penyalahgunaan Aset : Perspektif Model Fraud Pentagon di Lembaga Keuangan Mikro,” vol. 7, pp. 379–390, 2023.

S. Kazemian, J. Said, E. Hady Nia, and H. Vakilifard, “Examining fraud risk factors on asset misappropriation: evidence from the Iranian banking industry,” J. Financ. Crime, vol. 26, no. 2, pp. 447–463, 2019.

H. Umar, U. Apriani, and R. B. Purba, “The Roles of the Government Internal Control System to Minimize Corruption Through the Fraud Star,” Int. J. Financ. Res., vol. 12, no. 3, pp. 407–420, 2021.

B. Kramer, “Trust, but verify: Fraud in small businesses,” J. Small Bus. Enterp. Dev., vol. 22, no. 1, pp. 4–20, 2015.

H. Yusrianti, I. Ghozali, and E. N. Yuyetta, “Asset misappropriation tendency: Rationalization, financial pressure, and the role of opportunity (study in indonesian government sector),” Humanit. Soc. Sci. Rev., vol. 8, no. 1, pp. 373–382, 2020.

E. Simaremare, C. Handayani, H. Basri, A. Tambunan, and H. Umar, “Pengaruh Fraud Diamond Terhadap Pendeteksian Fraudulent Financial Statement Dengan Kebijakan Anti Fraud Sebagai Variable Moderasi Pada Perusahaan Perbankan Yang Terdaftar Di Bursa Efek Indonesia Tahun 2016–2018,” in Prosiding Seminar Nasional Cendekiawan, 2019, pp. 2–10.

C. Avortri and R. Agbanyo, “Determinants of management fraud in the banking sector of Ghana: the perspective of the diamond fraud theory,” J. Financ. Crime, vol. 28, no. 1, pp. 142–155, 2020.

W. P. Suyono, “Pengaruh Komitmen Organisasi, Whistleblowing System dan Integritas Terhadap Asset Missapropriation Dengan Pengendalian Internal Sebagai Variabel Moderasi,” in Prosiding Seminar Nasional Pakar, 2020, pp. 2–44.

T. T. Ha Le and M. D. Tran, “The effect of internal control on asset misappropriation: The case of Vietnam,” Bus. Econ. Horizons, vol. 14, no. 1232-2019–880, pp. 941–953, 2018.

H. H. Mustafa Bakri, N. Mohamed, and J. Said, “Mitigating asset misappropriation through integrity and fraud risk elements: Evidence emerging economies,” J. Financ. Crime, vol. 24, no. 2, pp. 242–255, 2017.

D. Suliyanto, “Ekonometrika terapan: teori dan aplikasi dengan SPSS,” Penerbit Andi Yogyakarta, 2011.

J. A. Yani, A. Mangkunegara, and R. Aditama, “Sugiyono. 2017, Metode penelitian kuantitatif, kualitatif, dan R&D. bandung: Alfabeta,” Procrastination Task Avoid. Theory, Res. Treat. New York Plenum Press. Yudistira P, Chandra, Diktat Ku, 1995.

Sugiono, Metode Peelitian Kuantitatif, Kualitatif, dan R&D. 2017.

J. Dorminey, A. S. Fleming, M.-J. Kranacher, and R. A. Riley Jr, “The evolution of fraud theory,” Issues Account. Educ., vol. 27, no. 2, pp. 555–579, 2012.

S. Rodiah, I. Ardianni, and A. Herlina, “Pengaruh Pengendalian Internal , Ketaatan Aturan Akuntansi , Moralitas Manajemen dan Budaya Organisasi Terhadap Kecurangan Akuntansi The Effect of Internal Control , Compliance with Accounting Rules , Management Morality and Organization Culture to Accoun,” J. Akunt. Ekon., vol. 9, no. 1, pp. 1–11, 2019.

L. Geriesh, “Organizational culture and fraudulent financial reporting,” CPA J., vol. 73, no. 3, p. 28, 2003.

D. M. Muthmainnah, “Analisis pengaruh komitmen organisasi, budaya organisasi dan keefektifan sistem pengendalian internal terhadap pencegahan fraud pengadaan barang ( studi pada pt marinal indoprima),” 2019.

H. Khairunnisa, B. Tutuko, and C. W. Wolor, “Pengaruh Aktivitas Pengendalian terhadap Risiko Penyalahgunaan Aset pada Bank Perkreditan Rakyat (BPR),” J. Ilm. Wahana Akunt., vol. 15, no. 1, pp. 57–72, 2020.

J. Said, M. M. Alam, Z. A. Karim, and R. J. Johari, “Integrating religiosity into fraud triangle theory: findings on Malaysian police officers,” J. Criminol. Res. Policy Pract., vol. 4, no. 2, pp. 111–123, 2018.

I. Ghozali, “Aplikasi analisis multivariete dengan program IBM SPSS 23,” 2016.

R. O. Dinata and Y. R. A. Yasinta, “Determinan Penyalahgunaan Aset dalam Perspektif Fraud Hexagon di RSUD Jawa Barat,” Own. Ris. dan J. Akunt., vol. 8, no. 1, pp. 686–696, 2024.

C. Wahyudi, “Pengaruh Ethical Leadership, Pengendalian Internal Dan Budaya Organisasi Terhadap Asset Misappropriation Dengan Whistleblowing Sebagai Variabel Moderasi,” in Prosiding Seminar Nasional Pakar, 2020, pp. 2–20.

N. Pratiwi and I. Budiasih, “Pengendalian internal, budaya organisasi, dan kecenderungan kecurangan akuntansi di LPD Kabupaten Tabanan,” E-Jurnal Akunt., vol. 30, no. 11, pp. 2907–2921, 2020.

U. Z. Ashari, “Pengaruh Pengendalian Internal, Kesesuaian Kompensasi dan Budaya Organisasi Terhadap Kecendrungan Fraud Penyalahgunaan Aset,” 2023.

Posted

2024-05-17