The Usefulness Of Forensic Accounting In Preventing And Detecting Fraud

CHAPTER ONEINTRODUCTION1.1 Background of the studyThe issue of employee and management fraud, money laundering and other financial crimes in business and government organisations has made the application and practice of forensic accounting a necessity and mandatory. Forensic accounting arises from the effect and cause of fraud and technical error made by human. Forensic accounting is an upcoming practise in Nigeria as companies have realized that the service of a forensic accountant is needed as cases of fraud have increased substantially in number (Ojaide, 2000)Forensic accounting also known …