Fraud Forensic Risk Management Cluster was set up in February 2018, with the objective of promoting research and education in forensic accounting, fraud management and risk management through joint publications, innovation, training, seminars and collaborations.

The cluster organizes regular trainings on forensic accounting headed by Assoc. Prof. Dr. Halil Paino, specifically for enforcement and regulatory bodies. It has also organized a seminar on “Corruption and Governance: The Rise and Fall” by Dato’ Seri Akhbar Satar on 9 November 2018 at SMC 1, Menara SAAS, UiTM Shah Alam. The seminar was attended by the cluster members, other members of the Faculty of Accountancy, students and Senior Deputy Bursary UiTM.

At the Innovation, Invention, and Design Exposition (IIDEX) 2018, two of the cluster’s products won Silver and Bronze medals. At the recent IIDEX 2019, three products represented by the cluster’s members won one Gold and two Silver medals. More recently during the Digital Entrepreneurship Carnival in October 2019, the cluster co-organized a forum on ‘Challenges of Digital Transformation to Business Environment’ focusing on cryptocurrency and blockchain technology. Finally, a research paper by the cluster’s members entitled ‘Board Characteristics and Corruption of GLCs in Malaysia’ was accepted to be presented at the International Conference on Accounting and Management (ICAM) 2019 in Bangi, Malaysia.

Moving forward, the cluster has a number of interesting research projects in the pipeline including collaborations with international universities.

The cluster members welcome new ideas and suggestions, as well as potential collaborators.