EVALUATING THE EFFECTIVENESS OF FINANCIAL AUDITORS IN DETECTING FINANCIAL FRAUD IN INDONESIA’S RETAIL CORPORATIONS

• Main Author: Rafael Andrianto, Marvelous
• Format: Final Project
• Language: Indonesia
• Online Access: https://digilib.itb.ac.id/gdl/view/86109
• Institution: Institut Teknologi Bandung

This dissertation examines the effectiveness of financial auditors in detecting financial fraud within Indonesia’s retail corporations. The study will explore the methods of auditing whether it is traditional or advanced techniques. Thich includes the use of future auditing methods through AI in Indonesia itself. It evaluates the challenges auditors face due to the complexity of the retail industry since it is an industry which has high volume of transactions, fluctuating inventories and narrow profit margins. This research will be conducted in a qualitative and descriptive research method by comparing the SOP of an auditor to that of the auditee. Through this we can examine the key differences of both companies and pinpoint the flaws themselves. This study will be conducted through interviews with both auditors and auditee with a detailed analysis of their internal control and audit procedure. The findings highlight the critical role of an auditor which functions as an entity who maintains financial integrity and proposes improvements to enhance the accuracy and reliability of financial audits in the retail sector itself.