Motivation, Prevention, and Detection of Asset Misappropriation Fraud: A Systematic Literature Review

Anton Dwi Hartanto

doi:10.21532/apfjournal.v10i2.403

Authors

Anton Dwi Hartanto Universitas Airlangga https://orcid.org/0009-0003-4680-9550

DOI:

https://doi.org/10.21532/apfjournal.v10i2.403

Keywords:

Asset misappropriation, Fraud motivation, Fraud prevention,, Fraud detection

Abstract

The aim of this study is to synthesize and integrate fragmented knowledge regarding the Motivation, Prevention, and Detection of Asset Misappropriation Fraud to propose a consolidated conceptual framework. The study identifies eight motivations for asset misappropriation fraud (opportunity, rationalization, capability, ego, collusion, peer influence, and arrogance), ten preventive actions (internal control, religiosity, good corporate governance, integrity, ethics, risk management, technology, organizational culture, collaborative governance, and legal certainty), and four detection methods (data analytics, anonymous reporting channels, certain number patterns, and Certified Fraud Examiner). This study distinguishes itself from previous research by employing a systematic literature review method to ensure a structured, transparent, and comprehensive review through four key steps: design, conduct, analysis, and writing. This review offers practical insights by validating the Fraud Diamond framework and considering the need for increased reliance on Data Analytics for timely fraud detection, particularly in complex Asset Misappropriation schemes

Author Biography

Anton Dwi Hartanto, Universitas Airlangga

Hartanto, Anton Dwi, is a postgraduate student in the Master of Accounting at Airlangga University. He earned his Bachelor of Economics, 2015, in Management, from Universitas Terbuka. He is also a civil servant at the Directorate General of Taxes, Ministry of Finance. He has an article in the Jurnal Aplikasi Akuntansi (JAA) by title “Affecting Factors and The Role of Tax Audit in Indonesia.”

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