Koenta Adji Koerniawan

@telkomuniversity.ac.id

Telkom University, Accounting Department, The Faculty of Economics and Business

Koenta Adji Koerniawan


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https://researchid.co/koentaadji

RESEARCH, TEACHING, or OTHER INTERESTS

Accounting, Public Administration, Multidisciplinary
9

Scopus Publications

Scopus Publications

  • Revolutionizing Fraud Deterrence: Insights from Indonesian District Governments
    Quality Access to Success, 2025
    Fraud remains a pervasive issue in Indonesia, particularly within governmental procurement processes, necessitating robust internal control systems and efficient E-Procurement implementation to mitigate its occurrence.This study aims to evaluate the effect of the government's Internal Control System (SPIP) and e-procurement on improving fraud deterrence in the procurement of goods and services within Bandung City's local government.The findings are significant not only for Bandung but also for wider applicability throughout Indonesia, fostering enhanced transparency and accountability in governance.Employing a quantitative descriptive approach, data was gathered from 55 regional officials using purposive sampling.Analysis was conducted through multiple linear regression using SPSS 26 software, revealing a significant positive influence of both SPIP and E-Procurement on fraud deterrence, both individually and concurrently.Factors crucial for combating corruption include rigorous supervision of SPIP and E-Procurement implementation, ethical training for officials, community involvement, and establishing an independent oversight body.Notably, this research innovatively utilizes dimensions from the Fraud Deterrence Propeller Protocol to explore fraud deterrence, distinct from traditional fraud prevention measures.This study integrates fundamental theoretical frameworks-Stewardship Theory, the Theory of Planned Behavior, and Bandura's Social Learning Theory-to provide meaningful insights into effective fraud deterrence strategies.These approaches are crucial for fostering integrity and ensuring accountability within local government practices in Indonesia.
  • INTEGRATING FRAUD DETERRENCE PROPELLER AND CONTINUOUS AUDITING FOR ENHANCED FRAUD DETECTION AND SUSTAINABILITY
    Koenta Adji Koerniawan, Dwi Fitrizal Salim, Deannes Isynuwardhana, Dudi Pratomo, Galuh Tresna Murti, Ferdio Ghifary Fidhien
    Abac Journal, 2025
    This study examines the implementation of the Fraud Deterrence Propeller (FDP) web-based application and continuous auditing (CA) in strengthening fraud detection and deterrence at PT. Kembang Christapharma & Group. Fraud remains a critical risk in Indonesia, leading to significant financial and reputational losses. Using an experimental design, this research integrates the FDP framework with the Beneish-M Score to assess financial reporting anomalies. Quantitative results show a strong correlation between the maturity of fraud deterrence and the effectiveness of fraud detection. Regression analysis confirms that both fraud deterrence maturity and CA significantly predict fraud detection outcomes. The analysis of financial reports indicates that the Beneish-M Score primarily detects earnings management, which, while not always fraud, signals irregularities that require audit follow-up. Qualitative findings highlight improved fraud awareness, stronger internal controls, and enhanced real-time monitoring. This study contributes to the literature by combining FDP and CA into a single framework, offering practical tools for fraud deterrence and sustainable development.
  • Tax Avoidance in the Mining Industry: Transfer Pricing, Earnings Management, and Foreign Ownership
    Nurul Arifah Syarif, Koenta Adji Koerniawan
    Paper Asia, 2025
    This study investigates the determinants of tax avoidance in Indonesian mining companies, focusing on the roles of transfer pricing, earnings management, and foreign ownership, with the tax burden index (TBI) as a moderating variable. The analysis covers 65 firm-year observations from 13 mining sector companies listed on the Indonesia Stock Exchange during 2019–2023, selected through purposive sampling. Tax avoidance is measured using the Cash Effective Tax Rate (CETR), and panel data regression with a centering approach is employed to address potential multicollinearity in the moderation model. The empirical results reveal that, simultaneously, transfer pricing, earnings management, and foreign ownership influence tax avoidance. Partially, only earnings management exhibits a statistically significant positive effect, highlighting the role of managerial discretion in facilitating aggressive tax behavior. Transfer pricing and foreign ownership show no significant effect, reflecting the impact of regulatory enforcement and disclosure requirements in the mining sector. While the TBI demonstrates a direct positive association with tax avoidance, its moderating effect on the relationship between transfer pricing and tax avoidance is not supported. These findings reinforce the relevance of agency theory, fiscal psychology, and fraud deterrence perspectives in explaining corporate tax behavior. Practically, the study highlights the importance of risk-based supervision, earnings quality monitoring, and robust internal control systems to mitigate tax avoidance risks. The results provide insights for regulators, auditors, and mining companies to enhance fiscal governance and support sustainable compliance.
  • Accounting Information Systems as a strategic enabler: linking business intelligence to performance and sustainability in the Unicorn firms of Indonesia and Malaysia
    Galuh Tresna Murti, Koenta Adji Koerniawan, Muhammad Ashraf Fauzi, Kamarulzaman Mahmad Khairai, Zetty Adibah Kamaruzzaman, Zetty Ain Kamaruzzaman
    Economic Annals Xxi, 2025
    In this study we examine how Accounting Information Systems (AIS) function as a strategic enabler in the relationship between Business Intelligence (BI) capabilities and sustainability performance (SP) among unicorn startups in Indonesia and Malaysia, with Environmental, Social, and Governance (ESG) integration serving as a contextual amplifier. Grounded in the Resource-Based View (RBV), Technology-Organization-Environment (TOE) framework, and Dynamic Capabilities View (DCV), the research employs a quantitative cross-sectional design. Data were collected in 2024-2025 from 102 professionals across 12 Indonesian and Malaysian unicorn firms – including GoTo, Bukalapak, Traveloka, and Mekari – via a structured online questionnaire. Partial Least Squares Structural Equation Modeling (PLS-SEM) was used to test the hypothesized relationships. Results confirm that BI capabilities positively influence SP both directly and indirectly through AIS effectiveness, which fully mediates this relationship. Furthermore, ESG integration positively moderates the AIS-SP link. The findings demonstrate that digital sustainability in high-growth startups is not driven by technology alone but by the strategic orchestration of BI, AIS, and ESG. The study concludes with actionable recommendations for Indonesian policymakers and, critically, for Malaysian stakeholders seeking to accelerate their digital sustainability maturity by learning from Indonesia’s «natural policy laboratory.»
  • Gender-diverse boards, liquidity, and financial distress: Pathways to fraud deterrence in auditor judgments
    Aulia Lestari Arifin, Koenta Adji Koerniawan
    Edelweiss Applied Science and Technology, 2025
    This study aims to examine the effect of board gender diversity and liquidity on going concern audit opinions, with financial distress serving as a mediating variable. Using Partial Least Squares Structural Equation Modeling (PLS-SEM), the study analyzes panel data from 84 observations of non-financial Indonesian SOEs between 2020 and 2023. The findings reveal that both board gender diversity and liquidity significantly influence going concern audit opinions, with financial distress mediating the effect of liquidity but not gender diversity. Liquidity also significantly impacts financial distress. These results underscore the importance of governance and financial indicators in shaping audit judgments. The study contributes to fraud deterrence literature by linking strong liquidity and diverse boards to reduced audit risk. Practical implications include encouraging regulators to mandate board diversity in SOEs and promoting liquidity management as a fraud prevention mechanism. Auditors are advised to integrate governance indicators when assessing business continuity risk.
  • Gender-inclusive fintech and economic growth: The case of P2P lending in Indonesia
    Dwi Fitrizal Salim, Widyadhana Candraningtias, Koenta Adji Koerniawan, Deannes Isynuwardhana
    Edelweiss Applied Science and Technology, 2025
    This study investigates how financial performance indicators, gender-based user demographics, and the strategic role of fraud deterrence in peer-to-peer (P2P) lending fintech companies influence Indonesia’s economic growth. Using monthly data from May 2021 to December 2024, the study employs Ordinary Least Squares (OLS) regression to analyze the impact of variables such as Net Interest Margin, Company Scale, Interest Income Share, user gender composition, and governance-based deterrence practices on Indonesia’s GDP. The results show that Net Interest Margin, Company Scale, Interest Income Share, and female user participation significantly contribute to GDP growth. Furthermore, fraud deterrence emerges as a critical element in maintaining operational integrity and supporting long-term inclusivity in fintech development. Inclusive and well-governed fintech services—particularly those emphasizing gender engagement and institutional safeguards—play a vital role in promoting resilient and inclusive national economic growth. Policymakers and fintech practitioners should adopt gender-inclusive, fraud-sensitive lending models and governance improvements to maximize the sector’s macroeconomic contribution.
  • Unmasking Tax Avoidance: How Multinational Corporations in Indonesia's Raw Materials Sector Exploit Loopholes (2018-2022)
    Koenta Koerniawan, Ferdio Fidhien, Hosam A-Alazeez, Afidiena Nisa
    Australasian Accounting Business and Finance Journal, 2025
    This study delves deep into the tactics employed by multinational corporations (MNCs) to circumvent Indonesia's tax laws and minimize their tax liabilities within the raw materials sector. Employing panel data regression analysis on a dataset comprising 40 observations from 8 companies over five years (2018-2022). Transfer pricing, profitability, capital intensity, and thin capitalization have a significant influence on tax avoidance. Therefore, stronger transfer pricing regulations and a global minimum corporate tax are crucial to combat base erosion and profit shifting. Increased transparency and accountability in multinational corporations' financial reporting in Indonesia are also essential.
  • Fraud Deterrence Propellers for Internal Control Quality Improvement
    Quality Access to Success, 2024
    This research is a continuation of previous research to test the consistency of the research results obtained regarding the definition and dimensions of fraud deterrence propeller or The DETERE Model.Fraud deterrence has a different meaning from fraud prevention, but now both are translated the same.The Fraud Control Plan (FCP) is an internal control amplifier to deter fraud.Individual understanding is obtained through a process of self-evaluation based on individual competence which has an impact on the growth of certain behavioral intentions.Management's understanding of the Government Internal Control System (GICS) drives their intention to implement GICS adequately.This follow-up research still uses the theory of planned behavior (TPB) and the GICS understanding construct to predict intentions and behavior, but the research analysis uses SEM-PLS which aims to predict the model based on the theory developed.The research sample is 41 key management people who work at the Regional Public Service Board (RPSB)/BLUD in hospitals in Indonesia.The results show that the structural model is significant, except for the relationship between perceived behavioral control and fraud deterrence.One of the subjective norm construct indicators must be reduced because it does not meet the criteria.The DETERE Model dimension or known as the Fraud Deterrence Propeller which is a novelty in Koerniawan's research can be useful for auditors in predicting fraud when applying SA 240 when auditing financial statements.
  • Fraud Deterrence: The Management’s Intention In Using FCP
    Adji Koenta, Koerniawan, Nunuy Afiah, Memed Sueb, Jadi Suprijadi, et al.
    Quality Access to Success, 2022
    The Indonesian Government Regulation on the Government's Internal Control System (GICS / SPIP) is also applied to the Regional Public Service Bodies of Hospitals (RPSB), but ironically many cases of fraud occur in regional hospitals. Fraud Control Plan (FCP), which is the second layer of reinforcement after GICS, is needed to deter fraud. The concept of fraud deterrence, used in the International Standards on Auditing (ISA), is different from fraud prevention, but both are translated the same today. As a novelty, this study proposes a new definition of fraud deterrence and the D.E.T.E.R.E. This study uses the theory of planned behavior and aims to confirm the relationship between understanding of GICS, attitude towards behavior (ATB), subjective norm (SN), perceived behavioral control (PBC), on management's intention to use FCP to deter fraud and its implications for fraud deterrence. The research sample is 151 management people who work in hospitals. The analysis method uses SEM-Lisrel. The results showed that understanding of GICS and SN had a positive effect on management's intention to use FCP to deter fraud. Management's intention to use FCP to deter fraud has a positive effect on fraud deterrence.