Fraud prevention through risk-based auditing at Bali Village Credit Institutions

Murtapa Murtapa; I Ketut Sujana; Anak Agung Gde Putu Widanaputra; I Wayan Suartana

doi:10.21744/ijbem.v8n1.2374

Authors

Murtapa
murtopo87@gmail.com
Udayana University, Denpasar, Indonesia
I Ketut Sujana Udayana University, Denpasar, Indonesia
Anak Agung Gde Putu Widanaputra Udayana University, Denpasar, Indonesia
I Wayan Suartana Udayana University, Denpasar, Indonesia

Keywords:

Fraud Prevention, Risk Management, Risk-Based Performance Audit

Abstract

The Village Credit Institution Empowerment Agency needs to build risk management at the Village Credit Institution to effectively implement risk-based performance audits. The Village Credit Institution Empowerment Agency must guide to develop policies related to fraud prevention at the Village Credit Institution to secure public money. The informants in the study were the coordinators of the Village Credit Institution Empowerment Institution of Tabanan Regency, Badung Regency, and the Chairperson of the Village Credit Institution Empowerment Institution of Bali Province. Selection of informants using snowball sampling technique. The case study analysis unit uses a thematic analysis approach, where the themes carried are risk management, risk-based performance audits, and fraud handling at the Village Credit Institution Empowerment Agency. The results of the analysis and explanations from informants show that risk management at the Village Credit Institution in Tabanan and Badung Regencies still needs improvement, including risk management policies, and risk registers. The Tabanan and Badung Regency Village Credit Institutions Empowerment Institutions in preparing audit plans have not been based on risk registers. The Bali Province Village Credit Institution Empowerment Agency has not made a fraud control policy for Village Credit Institutions.

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