The Role of Forensic Accounting in Improving Audit Quality

DOI

10.2991/978-2-38476-202-6_115How to use a DOI?

Keywords

Audit Quality; Forensik Accounting; Fraud Oriented System Audit

Abstract

The aim of this research was to describe the role of forensic accounting in improving audit quality. The population in this study was auditors who worked as government accountants and public accountants in Makassar, and who had conducted audit assignments for 5 years with a minimum position of team leader. The research method used was descriptive qualitative with a phenomenological approach, consisting of intuition, analysis, and description stages, and the overall result was a phenomenological description. The data collection techniques used were questionnaires and interviews. The data obtained were processed and explained by referring to the literature study that the researcher had conducted. The researcher analyzed the suitability between the criteria and implementation practices that had been carried out by the research object. This analysis concerned the concept of early fraud detection in audit assignments, with what had been practiced by auditors as the object of research. The research results showed that to improve audit quality in general audit, auditors must be able to detect fraud as required in auditing standards. Auditors can use an approach in forensic accounting, namely the Fraud Oriented System Audit (FOSA) approach with a study focus not only on financial statement fraud to find material misstatements but also a study focused on illegal taking of assets and The Corruption Oriented System Audit (COSA) approach, although limited to detecting “signals” of fraud. This will then be followed up with further audit procedures through investigative audits. In detecting fraud “signals,” auditors can use techniques in forensic accounting.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Muhammad Arsyad
AU  - Sukriah Natsir
PY  - 2024
DA  - 2024/02/15
TI  - The Role of Forensic Accounting in Improving Audit Quality
BT  - Proceedings of the International Conference on Applied Science and Technology on Social Science 2023 (iCAST-SS 2023)
PB  - Atlantis Press
SP  - 903
EP  - 908
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-202-6_115
DO  - 10.2991/978-2-38476-202-6_115
ID  - Arsyad2024
ER  -