Abstract:
The study examines forensic accounting and fraud prevention in Nigeria public sector by using some selected studies from within and outside Nigeria. The objectives of the study are to determine how forensic accounting prevents fraud in Nigeria Public Sector and to determine whether in reality forensic accounting prevents fraud in Nigeria Public Sector. For the stated objectives to be achieved, data was collected from different sources including secondary sources. Based on the analysis, the study found that a considerable positive influence exists between forensic accounting techniques and fraud prevention. To draw an indebt insight about how fraud occurs a number of theories were explored and vividly explained for clarity of purpose in this study. Amongst other recommendations for improvement clearly suggested by this work, the paper is of the opinion that more steps should be taken to ensure fraud prevention with the application of forensic accounting techniques. Also worthy of mention is that more forensic accountants be involved in fraud prevention, a stitch in time they say saves nine, preventive measures for fraud is always more beneficial than detection. Moreover, an effective and thorough legal framework should be developed and be provided for effective enforcement of what the law say by government agencies that were saddled with such responsibility on behalf of the government.
