Skip to main content
Article thumbnail
Location of Repository

Fraud profile and fraud prevention in public sector: Internal audit perspective

By Kalsom Salleh and Mohd Yusof Ahmad

Abstract

This paper examines the fraud profile in public sector and fraud prevention strategies in the fight against fraud as perceived by the internal audit staff in the Malaysian Ministry of Defence (MINDEF).The research objectives are to understand the fraud profile in MINDEF and to examine the effectiveness of fraud prevention and detection measures as perceived by the internal audit staff in MINDEF.The research methodology is based on both qualitative and quantitative approaches which include survey questionnaires to the internal audit staff of Internal Audit & General Investigation Department in MINDEF supported by an interview with the Chief Internal Auditor.This perception based study on Fraud Profile and Fraud Prevention in public sector is adapted from the study by Gloeck and Jager (2005). The findings on the fraud profile in MINDEF do raise some concern especially when fraud are perceived to be on the rise and committed at the highest level and by top management in the MINDEF.The top five most effective fraud prevention and detection measures are 1) increased involvement of internal auditors 2) implementation of Islamic values 3) improved internal control 4) top management to model appropriate behaviour and 5) establishing whistle blower policy

Topics: HF5601 Accounting
Year: 2015
OAI identifier: oai:repo.uum.edu.my:17565
Provided by: UUM Repository

Suggested articles


To submit an update or takedown request for this paper, please submit an Update/Correction/Removal Request.