National Audit Department explores new tech to uncover complex fraud

New Straits Times

19-05-2025

KUALA LUMPUR: The Auditor General's Department is exploring new technologies to detect fraud in light of the complex and emerging trends in fraud cases, says the Auditor General.
Datuk Wan Suraya Wan Mohd Radzi said this was already part of their work process.
"The National Audit Department is undergoing a digitalisation process, where almost all audits are now being carried out digitally, especially audits involving companies, which have already begun.
"We are also exploring how to utilise new technologies to detect fraud, particularly the complex and emerging fraud issues. This is already part of our ongoing work process.
"Embracing new technology is something we are committed to, and we must fully adopt it so that we can assist in tracking and finding solutions to new audit-related issues," she said at a press conference after the launch of the Accounting Fraud Working Group here today.
Present were Malaysian Anti-Corruption Commission Chief Commissioner Tan Sri Azam Baki and Accountant General Nor Yati Ahmad.
Earlier in her speech, Wan Suraya said the working group was established to develop more effective methods of controlling accounting fraud risks, build the capacity of agencies in identifying early fraud indicators, and, in the long term, to strengthen compliance with accounting standards and relevant laws.
Wan Suraya added that the Auditor General's Report, published annually, had consistently highlighted various forms of non-compliance and weaknesses.
This includes cases of misconduct and abuse of power, punitive misconduct issues involving individuals lacking integrity in administrative and financial processes, and weaknesses in financial management and governance within departments and government-linked companies, which compromise the effectiveness and transparency in the use of public resources.
"These audit findings call for firm and coordinated action. At the same time, they highlight the need to strengthen internal controls, improve oversight mechanisms, and ensure greater accountability among all stakeholders.
"If not addressed efficiently and effectively, these factors will lead to recurring weaknesses. Therefore, corrective measures should not focus solely on procedures, but also address workplace culture, structured monitoring, and human capital development within the public sector," she said.
The working group will be spearheaded by the MACC. It includes the Auditor General's Department, Accountant General's Department, Inland Revenue Board, Malaysian Companies Commission, Universiti Teknologi Mara (UiTM), and the Malaysian Institute of Accountants.