The Usefulness of Forensic Accounting in Preventing and Detecting Fraud

ABSTRACT

This study empirically evaluated the role of forensic accounting in fraud prevention and detection in the public sector. By employing chi-square method of analysis at the 5% level of significance, the results of the analysis carried out revealed that forensic accounting is effective in fraud prevention and detection and that forensic accountants play no significant role in the public sector. This study expands existing literature on the role of forensic accounting in fraud prevention and detection and therefore hopes that with the under mentioned recommendations, the issue of fraud in the public sector will be a thing of the past.