Denetişim
Yazarlar: Betül Şeyma ALKAN
Konular:İktisat
Anahtar Kelimeler:Fraud Risk Management;,Fraud Diamond,Fraud,Auditing,Internal Control
Özet: Businesses that are unprepared for fraud risk face the loss of time, reputation, labor and credibility as well as financial loss. Even though financial and operational risks are more predictable and prevented by the senior management of enterprises in the target of internal control and audit mechanisms, fraud is the risk that they realize the importance only when faced. Although fraud is not a risk that can be completely prevented, there are several ways to reduce the fraud risk. In the Audit Standard No.240, it was stated that management is the primary responsibility for fraud prevention and detection. The first condition to prevention of fraud is to create awareness of fraud risk. Accordingly, it is very important for managers to include proactive approaches in the processes for predicting risks and taking necessary precautions without encountering fraud. In the study, a qualitative research based on semi-structured interview technique was conducted to examine the responsibilities of business management and to raise awareness, which plays an important role in preventing occupational fraud. The sample of the study consists of the chairmen of the board of the institutional enterprise (14) operating in different sectors in İzmir. Research questions were prepared in detail by scanning theoretical literature and data collected from the field. As a result of the application, it has been concluded that proactive fraud prevention policies and tools that are the subject of the research are effective tools that can be used to reduce and prevent fraud risk. These tools are participatory management approach, principled and decisive attitude towards fraudulent behavior, establishing an institutional structure that supports the action in accordance with the integrity rules and reduces/ discourages fraud risk, establishing effective internal control systems and placement in operating and business processes, establishment of internal audit unit, raising awareness of fraud, selection of appropriate personnel, personality and performance evaluation analysis and recruitment based on control, empowerment and duty distribution of employees, balanced and fair wages distribution, reward and promotion system, restrictive for employees in deterrent controls, job termination and punishment system, encryption in internal processes and communication systems, camera systems and whistleblower lines. These results achieved in practice are compatible with fraud diamond theory and international report data published by ACFE (Association of Certified Fraud Examiners).