PERAN PENGENDALIAN INTERNAL DALAM UPAYA PENCEGAHAN POTENSI FRAUD PADA PT VTS

Abstract

This research was conducted at PT. VTS, in which construction supplier of contracting companies.
Moreover, it aimed to discover the cause of fraud and the role of internal control in fraud prevention.
The research was descriptive-qualitative. Furthermore, the instruments in the data collection technique
were interviews and documentation. The data analysis technique started with data collection,
conclusion, and verification. Additionally, the respondents were the company’s director and site
manager. The result showed that there was fraud within PT. VTS. It could be seen as an agreement
with the project owner and manipulation of material specifications to get personal benefits. This kind of
fraud was found by using Pentagon Fraud. According to Crowe, he explained that some causes of
fraud were namely pressure from the project owner to get the personal benefits, the opportunity of
working together with some people to commit fraud, rationalization (the doer covered the truth),
connection competence which was related to the benefits agreement, and greedy or arrogance. In
addition, PT. VTS had not yet fulfilled the internal control components stated by the COSO in Boynton
& Johnson, i.e. lack of supervision in which there were no audit committees.