Detecting fraud and corruption in audit and advisory firms: A socio-demographic investigation

Abstract

The aim of the research is to identify in what extent the employees’ socio-demographic determinants affect the detection of fraud and corruption incidents in workplace environment. The methodology was used for data collection is primary source through random sampling. A total of 613 valid questionnaires based on employees in Greek audit and advisory firms were answered. Key non-parametric tests as Friedman test and Spearman’s correlation were used. It was found that all fraud and corruption variables are positively correlated and, in most cases, founded statistically significant. Furthermore, the top mean rank among fraud incidents was the personal use of internet at work and among the corruption incidents was nepotism. Considering the socio-demographic characteristics, it is observed that most aged and experienced employees, irrespectively hierarchical position, or gender; tend to have no significant differences about their perceptions of previous fraud and corruption incidents. The research contributes towards enhancing the fraud and corruption detection offering substantial implications for fraud examiners and researchers.