UNISDA Lamongan recently hosted a virtual Guest Lecture program titled *”Integrated Case Study: Indonesia Current Issue on Fraud Audit – Case Study on Economic Business and Accounting.”* Held via Zoom on Monday, June 10, 2024, the session ran from 09:00 to 10:00 WIB (10:00 to 11:00 Malaysia time). This academic event provided a specialized platform to delve into the pressing challenges and nuances of fraud auditing within the Indonesian business and accounting landscape. The session featured Dr. Novi Darmayanti, S.E., M.SA., Ak., CA, Dean of the Faculty of Economics at UNISDA, as the primary speaker. Dr. Novi brought her extensive expertise in accounting and auditing, offering an insightful analysis of the current fraud audit practices and trends in Indonesia. She discussed the intricacies of how fraud audits are handled within the nation’s economic and business sectors, emphasizing the importance of understanding these practices to address the evolving landscape of fraud risks. During her presentation, Dr. Novi outlined several real-world case studies, each illustrating specific fraud challenges faced by companies in Indonesia. These case studies highlighted the complex interrelationships between corporate governance, economic pressures, and accounting practices in preventing and managing fraud. She also covered the role of technology and internal controls in detecting and mitigating fraud risks, underscoring how an integrated approach can bolster financial accountability and transparency within Indonesian businesses.
One of the key discussion points was the significance of adapting international fraud audit standards to fit Indonesia’s unique business environment. Dr. Novi addressed how different sectors within the economy are affected by fraud risks and outlined strategies for implementing fraud audits that are both rigorous and tailored to local needs. This approach, she argued, is essential for creating a robust framework for economic integrity. The lecture closed with a vibrant Q&A session, where participants actively engaged with Dr. Novi on topics such as fraud risk assessment, preventative auditing techniques, and the evolving expectations for transparency in the accounting field. Her responses offered practical insights into fraud management and demonstrated the critical role of auditing in supporting ethical business practices in Indonesia. This Guest Lecture provided invaluable knowledge for the attendees, who gained a deeper understanding of the fraud audit process and its application within Indonesia’s economic and business context. The Faculty of Economics at UNISDA hopes that similar sessions will continue to bridge academic learning with practical industry insights, fostering a new generation of accounting professionals well-equipped to handle complex fraud challenges in their future careers.
