Forensic Accounting Pertemuan XII Matakuliah : F0184/Audit atas Kecurangan Tahun : 2007 Forensic Accounting Pertemuan XII

Learning Outcomes Mahasiswa diharapkan mengetahui fungsi dari akuntansi forensik Mahasiswa diharapkan mengetahui langkah-kangkah dari akuntansi forensik 3 Bina Nusantara

Outline Materi Forensic accounting vs Fraud auditing Forensic accountant ability Forensic accounting case 4 Bina Nusantara

Forensic Accounting Case There are a variety of ways individuals might fraudulently steal or embezzle company assets: Through the purchase, payables, and payment system Through the sales, receivables, and receipt system Bina Nusantara

Uncovering Evidence The job role of the accused within the accounting system The control of the accused person exercises on the accounting system The knowledge by the accused of the accounting system The systematic pattern used in covering up the fraud The extent of the fraud The personal financial position of the accused, which can be relevant to the motive and can illustrate the benefit Bina Nusantara

Purchase, Payables and Payment System False Expense Reports False Supplier Invoices False Information Bina Nusantara

False Expense Report Nonbusiness items Inflated items Fictitious items Duplicate items Bina Nusantara

False Supplier Invoices No goods have been delivered or services rendered The quantity or price is inflated The quality has been compromised Bina Nusantara

False Information False financial statements Overstated accounts receivable listings Overstated statements of income and net worth False general journal entries Altered internal company records Fictitious customer credit information False asset valuations Bina Nusantara

Sales, Receivable and Receipt System Front-end Fraud False Sales Invoice Lapping Bina Nusantara

Key Question of Front-End Fraud Do recorded sales represent all company sales? Has the company unexpectedly experienced reduced sales from some of its oldest and best customers? Are all revenues recorded? Bina Nusantara

Key Question of False Sales Invoices Are recorded sale amounts the actual sales amounts? Can sales be confirmed with customers? Are sale amounts reasonable in the circumstances? Bina Nusantara

Key Question for Lapping Are the amounts recorded as owing to the company actually still owing to the company? Are deposit from a person/company being used to cover someone or other company’s debts? Bina Nusantara