I I I I I I I I I I I I I I I I I I I I I I I I I I I I I Journal of Governance Volume 7, Issue 1, April 2022 (121-132) (P-ISSN 2528-276X) (E-ISSN 2598-6465) http://dx.doi.org/10.31506/jog.v7i1.14520 121 Investigating Fraud and Corrupt Practices in Indonesia Siti Kustinah Universitas Jenderal Achmad Yani, Cimahi, Indonesia Correspondence Email: siti.kustinah@lecture.unjani.ac.id Received: January 8 2022 Revised: February 13 2022 Accepted: March 23 2022 Abstract: Many cases of fraud that occurred in the public and private sectors resulted in losses. There are state and state financial losses in the public sector, while in the private sector, there are also losses arising from a breach of contract in an engagement. Fraud is an act that is against the law and is done intentionally. The impact of fraud and corruption will increase the amount of stolen state money, and the provision of development or investment will be significantly hampered, especially in the case of foreign investment. When issues of fraud in financial statements are discovered, efforts must be made to prevent or minimize the occurrence of such claims. One way to achieve this is to study forensic accounting. Apart from being reliable in preparing financial reports, it is also claimed to be possible to read what is contained in one of these documents. As discussed in this paper, law enforcement can benefit from the expertise of accountants, particularly those working in forensic accounting, to disclose and provide evidence to support court decisions relating to corruption. In addition, this paper will discuss forensic accounting and forensic auditing and efforts that can be made to prevent corruption and fraud. Keywords: Fraud, Corrupt Practices, Forensic Accounting, Audit. Introduction The 21st century, which is often identified as the century of globalization, is a new manifestation of the progress of world economic development. Where the old order replaced the new order. Classical nuances change to contemporary, modern nuances (Sayyid, 2013). In the past, business was only in export-import and investment. Now the business has expanded into something more complex and diverse. One of the essential fields in globalization is economics and finance. There have been numerous fundamental alterations brought about by the financial sector's rapid growth and development. The field of accounting is one of them (Maharsi, 2000). The use of accounting as a business language is on the rise. Financial accounting is a good example. As a result, there has been an increase in the number of accounting specializations such as financial and management accounting, cost and social accounting, and tax and budget accounting (Simanjuntak, 2005). It may seem paradoxical that the increasingly rapid development of today's accounting world brings enormous