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Fraud Auditing Law Implications in the Case of Jiwasraya Insurance in Indonesia

Ariella Gitta Sari

Ariella Gitta Sari 1


  1. Law Faculty Lecturer, University Kadiri, Indonesia. 1

on Google Scholar
on PubMed

Pages: 203-210

DOI: 10.18488/journal.62.2020.74.203.210

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Article History:

Received: 21 February, 2020
Revised: 24 March, 2020
Accepted: 27 April, 2020
Published: 12 May, 2020


Abstract:

The Jiwasraya case is a fraud auditing legal case that has taken a lot of public attention and is particularly influential on capital market investors. The purpose of this study is to find out the legal implications of the Limited Company case and preventive measures that can be taken so that similar cases are no longer repeated. By using normative and empirical research methods, the study presents the conclusions that it is very important training in fraud detection and prevention especially for internal auditors in the Limited Company. In this case, being cautious in investing to avoid "fried" shares is an important lesson for other companies. Based on the Jiwasraya case empirical study where only recently detected cases of corporate asset fraud revealed the facts about the lack of a comprehensive understanding of fraud auditing, technology implementation, and corporate management mechanisms that are not in accordance with Good Corporate Governance in the corporate body.
Contribution/ Originality
This study is one of the few studies that have been investigated about cases of a lack of comprehensive stakeholder understanding of fraud auditing, technology implementation, and corporate management mechanisms that are not in accordance with Good Corporate Governance in the corporate body.

Keywords:

Law, Auditing fraud, Limited company.

Reference:

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Statistics:

Google Scholor ideas Microsoft Academic Search bing Google Scholor

Funding:

This study received no specific financial support.

Competing Interests:

The author declares that there are no conflicts of interests regarding the publication of this paper.

Acknowledgement:


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