PT AVISENA MANDIRI SEJAHTERA

Jl. Melong No. 170 Cimahi

Telp. 022 6000830

Fraud Risk Questionnaire

The aim of this questionnaire is to assist discussions with those in – charge of governance on the
likelihood of fraud in the organization. Please consider the following questions:

Question Comments

1. As you probably are aware, auditors

are required to assess the risk of material
fraud. Therefore, we need to ask you and
other employees some very specific
questions about this subject.

Is there an awareness and understanding in

the organization of the need to assess fraud?

2. “Fraud” in a business refers to a whole

range of activities which include:

 Misappropriation of assets (e.g. stealing);

 Financial misreporting (e.g. reporting
fictitious revenue or capitalising expenses
when these should be charged to P/L);
 Illegal acts (e.g. bribery);
 Persons who lie to management, or
 Persons who take unfair advantage of the
organisation for personal benefit.

Do you think your business activities are

susceptible to fraud in general?

Please could you comment on why, or why

 Fraud Risk Questionnaire

Question Comments
not?

3. Do you believe your organization has a

problem with fraud? Please could you
expand on why, or why not?

4. What policies and procedures do you

have in place to prevent, detect and deter
employees, managers or others from
committing fraud in your organization?

Please state the management’s process for

identifying and responding to the risks of
fraud in the entity. E.g. in-house legal counsel,
employees with different levels of authority,
operating personnel not involved in the
financial reporting process and those charged
with dealing with allegations of fraud.

5. Frequent small thefts can add up to a

lot of money.

What actions would you take if employees or

managers are found stealing or defrauding
the organization?

6. Do you know of anyone who might be

stealing or taking unfair advantage of this
organization?

7. Do you know of any frauds or deceptive

activities that people have committed in
this organization in the past?

8. Suppose someone who works in this

organization decided to steal or commit
fraud. Are you aware of possible ways in
which he or she could commit fraud and
 Fraud Risk Questionnaire

Question Comments

get away with it?

9. In your opinion, which activity or

function in your organization is most likely
to be exposed to the highest risk of fraud?
And what do you do about it?

10. Have you carried out an assessment of

fraud risk in your organization? If you
have, what is the result please provides
the details of the nature, extent and
frequency of such assessments?
If not, when will such an exercise be carried
out?

11. Is there any Management’s

communication to those charged with
governance regarding its processes for
identifying and responding to the risk of
fraud in the entity?

12. Is there any Management’s

communication to employees regarding its
views on business practices and ethical
behavior?

13. Is there any other information you

wish to furnish regarding possible fraud or
other operational issues related to the
organization that may bear consideration
to fraud issues?

Yours faithfully
 Fraud Risk Questionnaire

Lia Yuliana Elsis Yunda

Name:
Position:
Date: