Purpose: This research is designed to find empirical evidence on the influence of Foreign Ownership as moderating to enterprise risk management, business strategy, and firm age on sustainability performance. Design/Research method: This research was tested through random samples of 11 manufacturing companies period 2014-2017. Regression analysis was adopted to test the hypotheses Finding: The results indicate that enterprise risk management, business strategy, and foreign ownership have significant influence to sustainability performance. But, the firm age doesn’t have influence on sustainability performance. Limitation: The use of secondary data and content analysis methods that cause limitations in conclusions and are subjective. Implication: This research shows that the harmonious relationship between strategic management related to enterprise risk management, business strategy, and the role of foreign ownership to achieve high sustainability performance

Abstrak: Riset ini mengetes pengaruh rasio likuiditas, profitabilitas, solvabilitas, dan aktivitas terhadap nilai perusahaan BUMN di BEI 2019-2021. Adapun populasi riset ini yakni BUMN yang terdaftar di BEI periode 2019-2021. Jenis data yang dipergunakan ialah data sekunder laporan keuangan yang tersedia pada www.idx.co.id. Penentuan sampel dengan teknik purposive sampling dan memperoleh 19 sampel perusahaan dengan jumlah sampel akhir sesuai periode penelitian sebanyak 57 sampel. Penelitian ini memakai teknik analisis regresi linear berganda dan menguji hipotesis dengan SPSS 25. Hasil riset ini membuktikan likuiditas tidak mempengaruhi nilai perusahaan dengan arah positif signifikan, profitabilitas mempengaruhi nilai perusahaan dengan arah positif signifikan, solvabilitas mempengaruhi nilai perusahaan dengan arah negatif signifikan, dan aktivitas tidak mempengaruhi nilai perusahaan dengan arah positif signifikan. Kata Kunci: Nilai Perusahaan, Likuiditas, Profitabilitas, Solvabilitas, Aktivitas

After Enron, auditors were required to detect fraud in financial statements. The new accountants do not care about the fraud phenomenon. These new, untrained accounting graduates face shrewd and manipulative fraud perpetrators. Lack of fraud detection skills has become a scathing criticism to accountants. This study aims to examine and provide empirical evidence about the effect of auditor competence, independence, professional skepticism on fraud detection skills. Another objective to test whether auditor experience could moderate that relationship. This is a quantitative research, with primary data obtained from CPA firms in Jakarta as the highest CPAs in Indonesia. Two hundred sets were sent, 192 exemplars were completed and processed with the MRA technique. The study results confirm that competence, independence, and Experience positively affect fraud detection skills. CPAs' Experience strengthens the positive influence of independence on fraud detection skills. Professional skepticism does not affect fraud detection skills. The information provides additional clues to management regarding fraud prevention policies in an organization. For example, giving rewards or awards can further encourage employees to be honest, responsible, and committed to their organization.

A quality audit is an audit conducted by a competent and independent auditor. Competent auditor means having accounting, auditing, and information technology knowledge. Independent auditor means feeling free from conflicts of interest with any related party. Apart from competence and independence, many factors that affect audit quality should explore. This study examines the effect of good corporate governance effectiveness and auditor quality on audit quality, with the auditor as respondents. The auditors were selected based on the purposive sampling method, with the criteria of working in a Public Accounting Firm registered in the IAPI Directory and residing within the territory of the Republic of Indonesia. The results confirmed that work experience, competence, integrity, objectivity, and professionalism positively affect audit quality. However, independence does not affect audit quality. Accountants, a profession that works based on stakeholder trust, require a competent, integrity, and impartial person who is full of ethical dilemmas in the process of his work. The low competence will significantly impact audit quality and the economy. The inability of auditors to maintain public trust by opportunistic actions, ignoring norms and morality has an impact on the credibility and legality of the accounting profession.

<p class="Style4">The implementation of working capital strategy of successful compa­nies could be observed from its cash conversion cycle. Effective working capi­tal strategy will lead to an increasing to an increase of a firm's value. This thesis has two objectives : Firstly, it analyse the interrelationships between the merchandising ratio with the return on assets ratio and the long-term debt to total assets ratio. These two ratios have the ability to check the effectiveness of a firm's working capital management. Secondly, it analyse the effective of the firm's management of cash, receivable, inventory and payables.</p><p class="Style4">The writer is using the descriptive analysis method which describe the retail firm's working capital strategy from the financial statement information, and the correlation analysis method that detects the correlation between the merchandising ratio and the traditional ratio.</p><p>The analysis shows that PT Hero Supermarket, PT Matahari Putra Prima and PT Ma Retailindo have good and <em>effective </em>working capital strategy. The merchandising ratio has positive correlation with the return on assets ratio and negative correlation with the debt to total assets ratio.</p><p class="Style1">The purpose of this research is to prove the effectiveness in using the cash conversion cycle strategy. PT Hero Supermarket, PT Matahari Putra Prima and PT Alfa Retailindo should emphasize on their inventory management so that the percentage of sales growth is accompled by an equivalent increase in its inventory. Apart from that, these compa Iles should focus on their payables management by maximize the debt benefit.</p><p class="Style1">Crucial terms: working capital strategy, merchandising ratio and cash conversion cycle.</p>