Start Date
11-8-2016
Description
The growing threat of financial reporting and employee fraud has called for increased security standards and regulations, focussing on effective internal controls. This requires organizations to demonstrate that their resources are directed, monitored and measured appropriately, with internal controls in place to prevent and detect fraud. The objective of this paper is to explore possible ways in which the shortcomings of various modelling approaches focussed on fraud representation and prevention can be addressed by an open, distributed, flexible, context-rich and sustainable repository of business process models. We develop a theoretical framework, which embeds a number of important theories in regard to organizational work. In particular, we use the concept of mindful organizational routines to guide our investigation. We conclude the paper with illustrations of our framework through four possible cases of fraud in procurement.
Recommended Citation
Rohde, Max; Peko, Gabrielle; and Sundaram, David, "Mindful Routines in the Face of Fraud" (2016). AMCIS 2016 Proceedings. 5.
https://aisel.aisnet.org/amcis2016/AccountingIS/Presentations/5
Mindful Routines in the Face of Fraud
The growing threat of financial reporting and employee fraud has called for increased security standards and regulations, focussing on effective internal controls. This requires organizations to demonstrate that their resources are directed, monitored and measured appropriately, with internal controls in place to prevent and detect fraud. The objective of this paper is to explore possible ways in which the shortcomings of various modelling approaches focussed on fraud representation and prevention can be addressed by an open, distributed, flexible, context-rich and sustainable repository of business process models. We develop a theoretical framework, which embeds a number of important theories in regard to organizational work. In particular, we use the concept of mindful organizational routines to guide our investigation. We conclude the paper with illustrations of our framework through four possible cases of fraud in procurement.