Asia Pacific Fraud Journal
Vol 6, No 1: Volume 6, No. 1st Edition (January-June 2021)

Supervision of Student Organization Funds: An Academic Reality

Albertus Febri Christyawan (Accounting Study Program, Faculty of Economics and Business SatyaWacana Christian University)
Aprina Nugrahesthy Sulistya Hapsari (Accounting Study Program, Faculty of Economics and Business SatyaWacana Christian University)



Article Info

Publish Date
30 Jun 2021

Abstract

This study aims to describe the supervision function of student organization fund management by the student executive and legislative bodies at Faculty X, University ABC. Data are obtained through in-depth interviews with several informants, such as the committee and functionaries of student organization. The results of this study show that the supervision function of student organization fund management has not been running optimally due to several factors. Those factors are found at each phases of student organization fund management. In planning phase, price standardization has not been updated for few periods, which is a constraint in determining the nominal budget. Furthermore, in implementation phase, the legislative institution is not directly involved in disbursing and spending student organization funds. Moreover, validity checking of expenditure evidences in the accountability phase is limited to seeing the completeness of the bills and receipts identities only, without making confirmation to the bills and receipts issuer.

Copyrights © 2021






Journal Info

Abbrev

apf

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

ASIA PACIFIC FRAUD JOURNAL (APFJ) firstly published by Association of Certified Fraud Examiners (ACFE) Indonesia Chapter in 2016. APFJ registered on CrossRef, then every article published di APFJ has Digital Object Identifier (DOI). APFJ published research and review articles. APFJ also published ...