Corporate Governance as a Detector of Financial Statement Fraud: Systematic Literature Review

Authors

  • Putu Vidya Shania Devi Udayana University, Master of Accounting, Faculty of Economics and Business, Bali

DOI:

https://doi.org/10.21532/apfjournal.v9i1.342

Keywords:

Corporate Governance, Financial Statement Fraud, Accounting Fraud

Abstract

Financial reporting fraud occurs when someone misunderstands the financial condition of a company deliberately or not. One of the causes of financial statement fraud is poor governance. This study aims to describe the development of corporate governance research as a detector of financial statement fraud. The method used in this study is Systematic Literature Review. Publish or Perish (PoP) software is used to search for articles. Based on the synthesis results, there are five corporate governance structure mechanisms that can detect financial statement fraud: auditor, board of directors, internal control, shareholders, and performance. The synthesis results show that each corporate governance structure mechanism has not been able to work together to detect financial statement fraud. Therefore, there is a need for cooperation to minimize financial statement fraud. Future research is expected to use more data to increase understanding of how companies detect financial statement fraud by accessing e-resources such as Elsevier, Springer, Emerald Insight, and Wiley. Meanwhile, Scimago can be used to assess the quality and ranking of journals.

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Published

2024-06-02

How to Cite

Devi, P. V. S. (2024). Corporate Governance as a Detector of Financial Statement Fraud: Systematic Literature Review. Asia Pacific Fraud Journal, 9(1), 37–47. https://doi.org/10.21532/apfjournal.v9i1.342