Analisis Pengendalian Internal Dalam Mencegah Kecurangan Pada Siklus Akuisisi Dan Pembayaran Pada UMKM Five Sport

Micro, Small, and Medium Enterprises (MSMEs) play a vital role in economic activity; however, in practice, many still employ only rudimentary internal control systems. This situation creates risks such as recording errors, purchasing mistakes, and transactional irregularities. This study aims to analyze the implementation of internal controls to prevent fraud within the acquisition and payment cycle at Five Sport MSME and to identify control gaps in the process—ranging from goods procurement to supplier payment. A descriptive qualitative approach using a case study method was employed. Data were gathered through interviews, observation, and documentation review. The analysis was conducted based on the five components of the COSO internal control framework and linked to the fraud triangle theory. The findings reveal that Five Sport’s acquisition process encompasses determining inventory needs, placing orders with suppliers, receiving and inspecting goods, making payments, and recording transactions. Payments are made via cash or bank transfer, while record-keeping remains manual. Internal controls are in place—manifested through goods inspection, the use of receipts and payment vouchers, and owner oversight—but lack support from written procedures and adequate segregation of duties. These conditions indicate control gaps, particularly regarding the segregation of duties, documentation, authorization, and monitoring. From the perspective of the fraud triangle, this situation theoretically relates to the element of "opportunity," whereas "pressure" and "rationalization" could not be substantiated by the study data. The study recommends strengthening purchase authorization, transaction documentation, goods inspection, record-keeping, segregation of duties (commensurate with business capacity), and periodic monitoring.