OZIGBO, Sylvester A.
Department of Banking and Finance
Delta State University of science and Technology Ozoro
ORIFE, Catherine Ogheneovo
Department of Accounting
Delta State University of science and Technology Ozoro
ABSTRACT
This study investigated forensic accounting and corporate fraud prevention. The study adopted a survey
research design. The population of the study consist public and private firms in Delta state. 500 respondents
from 6 companies participated in the study. The study used questionnaire to collect primary data, while the
data collected was analyzed using the Z-statistic. The results of the study suggests that there is a significant
difference in fraud prevention as a result of the use of forensic accounting in companies in Delta State. The
study conclude that the use of forensic accounting by firms in Delta State has reduced cases of fraud, and
recommends that the Nigeria government should begin the process of adding forensic audit to the
conventional statutory audit of quoted companies. The study also recommends that all limited liabilities
companies in Nigeria should establish a forensic accounting unit.
Keywords: Accounting professionals, corporate fraud, fraud prevention, forensic accounting.