Grace Mui

Ms Yanchi (Grace) MUI

Contact

Positions Held

PhD student

Publications

Conference Papers

• Mui, G.Y. (2007) "Auditor Perceptions of the New Australian Auditing and Assurance Standards: A Phenomenographic Study", Accounting and Finance Association of Australia and New Zealand, Gold Coast, Australia.

• Janarthanan, R. and Mui, G.Y. (2006) "Current Challenges of and Reforms for the Islamic Banking Industry" International Conference on Contemporary Business , Blue Mountains, Australia.

Research Interests

• Accounting Policy Choice

Thesis Topic

Internet identity fraud and audit controls and detection.

Thesis Description

The uniqueness of identity fraud, an identity-related crime, is not the act of stealing an identity but the use of the identity as a tool or as a target of a crime. Fraudsters utilize stolen identities to engage in commercial transactions with businesses, which are not able to collect payment for goods or services provided . Internet identity fraud poses greater challenges for businesses than offline identity fraud because of the anonymity, speed, ubiquity, accessibility, and reach of the Internet . The financial impact on businesses is greater than the impact on consumers due to the greater transaction volume that businesses engage in . The major impacts of this fraud on businesses are poor public perception of a business' credibility in authenticating its customers and in protecting its customer database; unauthorized access to assets especially the customer database; and the loss of assets such as cash, inventory, and customer database . The overall negative impact of Internet identity fraud has been difficult to capture and quantify. However, the negative impact highlights the genuine need for a strategy to better equip auditors for the task of detecting Internet identity fraud.

Academic Cluster

Accounting and Accountability