Enhancing audit quality to detect financial statement fraud at public accounting firms member of OAI Solusi Manajemen Nusantara

Payamta Payamta ,Titik Setyaningsih

doi:10.24294/jipd7403

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Enhancing audit quality to detect financial statement fraud at public accounting firms member of OAI Solusi Manajemen Nusantara

Payamta Payamta

Titik Setyaningsih

Journal of Infrastructure Policy and Development 2025, 9(1), 7403; https://doi.org/10.24294/jipd7403

Submitted：24 Jun 2024

Accepted：23 Jul 2024

Published：08 Jan 2025

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Abstract

This study examines the determinants of audit quality and their impact on detecting financial statement fraud at public accounting firms member of OAI Solusi Manajemen Nusantara in Indonesia. Using a quantitative approach, data was collected through a structured questionnaire distributed to auditors and staff. Key findings highlight the significant influence of auditor independence, professional proficiency, and supervision actions on conducting effective audits, thereby enhancing fraud detection capabilities. The research identifies challenges such as the focus on Indonesian firms and potentially limiting broader applicability. Recommendations include enhancing auditor training, adopting stringent audit procedures and technology, and ensuring adherence to auditing standards to improve audit quality and uphold financial reporting integrity. This study underscores the critical role of audit quality in preventing and detecting financial statement fraud, suggesting avenues for future research to explore additional influencing factors.

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References

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