Developing fraud management policies and fraud detection systems is a vital capability for financial institutions towards minimising the effect of fraud upon customer service delivery, bottom line financial losses and the adverse impact on the organisation’s brand image reputation. Rapidly changing attacks in real-time financial service platforms continue to demonstrate fraudster’s ability to a...

Data mining technology is applied to fraud detection to establish the fraud detection model, describe the process of creating the fraud detection model, then establish data model with ID3 decision tree, and establish example of fraud detection model by using this model. As e-commerce sales continue to grow, the associated online fraud remains an attractive source of revenue for fraudsters. Thes...

This study aims to detect fraudulent financial reporting using hexagon fraud analysis, including seven factors: stability, external pressures, ineffective monitoring, auditor changes, change in director, arrogance, and collusion. The subject of this research is a public company consolidated audit report state-owned enterprises. existence conflicting results, the phenomenon reporting, limited th...

accountant working in the private or public sector companies must remain impartial and loyal to ethical guidelines when reviewing a company or individuals financial records for reporting purposes. people are expecting a lot from the professional community and the quality of the complex services provided by the accounting profession have confidence. of the information provided by accountants sho...

The purpose of this research is to find empirical evidence the influence fraud pentagon which consists pressure, opportunity, rationalization, competence and arrogance on Fraudulent Financial Statements. method used in study multivariate analysis using Generalized Structured Component Analysis tool. population manufacturing companies mining sector listed Indonesia Stock Exchange for 2017-2021 p...

Financial fraud is increasing significantly with the development of modern technology and the global superhighways of communication, resulting in the loss of billions of dollars worldwide each year. The companies and financial institution loose huge amounts due to fraud and fraudsters continuously try to find new rules and tactics to commit illegal actions. Thus, fraud detection systems have be...

The paper proposes a linguistics-based text mining approach to demonstrate the process of extracting financial concepts from the Security Exchange Commission (SEC) litigation releases (LR). The proposed approach presents the extracted information as a knowledge base to be used in market monitoring surveillance systems. Also, it facilitates users’ acquisition, maintenance and access to financial...