ABSTRACT 

This study aimed at evaluating forensic accounting and its influence on fraud detectioN and prevention in Nigeria. The ex-post facto research design was adopted and data collected from both primary and secondary sources. The collected data was analysed using the ordinary least square technique. The empirical results the study revealed that the estimated  coefficient  of the regression parameters  have positive  sign and thus conform to our priori economic expectation. The implication of this -sign  is that  the dependent variable Fraud Detection & Prevention (FDP) is positively influenced by Assisted Auditing Technique (CAAT), Data Mining (DM), Relative Size Factor (RSF) and BenfordLaw  (BL). The study revealed that Assisted Auditing Technique "(CAA 1'), Data  Mining  (DM),  Relative  Size  Factor  (RSF)  and  Benford  Law  (BL)  have  a significant influence  on.fraud detection  &prevention. In view of the crazefor  money in Nigeria,  misplace value judgment and the prevailing  harsh economic environment. frauds  are on the increase and the banks are losing amount running  into millions of naira to fraudsters almost on daily basis.  In most cases when the fraudsare detected early, amount already drawn are usually difficult to recover. The study recommended that  auditors  are  expected  to  consider whether  the  informationpresented  in the financial   statements  is  relevant,   reliable,   comparable  and·  understandable  when forming·  an  opinion. on  whether financial  statements fairly present   the financial position, results of operations and cash flows of an entity and are required lo  discuss their judgement  about  the quality of an entity's  financial statements with the audit committee.  It is recommended that this quality assessment will enhance the usefulness offinancial  informationfor  all users and should therefore.be included in the statutory auditor's report.  Also,   there should be great awareness of the problem  of forensic accounting in Nigeria, as evidenced by articles in accounting and business journals. This poses a major threat to the accounting profession, in terms of their credibility and standing in the business community. It also creates major problems of litigation risk for auditors. If the government and the accounting profession in Nigeria work together then the concept of true andfair view can be a key part of the solution to this problem.