This study examined forensic accounting as a tool for fraud detection and prevention in nigeria. The objective was to investigate how effectively forensic accounting practices have been implemented to control fraudulent activities in Nigeria. Primary data were gotten from questionnaire given to one hundred and nine staff of chosen government parastatals, across twelve (12) different sectors of the economy. Simple percentages were used to analyses the responses while hypothesis testing utilized Spearman Rank Correlation coefficient through Statistical Package for Social Sciences (SPSS). From the analysis from the responses obtained and the hypothesis, it was concluded that forensic accounting techniques significantly influence the prevention and detection of fraud in Nigerian public sector. Based on these results, the study recommends broader application of forensic accounting across all accounting and auditing processes in Nigeria. It was also recommended that auditors should make consistent use of forensic accounting in the auditing functions and that accountancy professional bodies should make sure that the forensic accountants are trained and retrained from time to time.
Ajagun et al. (Wed,) studied this question.