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Business frauds and cheating have increased significantly in the business world which is getting more complex with cross border and globalised trading nowadays. This requires a special field of accounting skills called forensic accounting to assist in the investigation of accounting and business related cheating issues. In the accountancy profession, forensic accountants are seen as bloodhounds tasked to unearth evidence of fraud in an organisation. Forensic accountants go beyond the books to state facts in order to help management make informed decisions. Forensic accounting combines accounting techniques skills, auditing and investigative techniques to trace fraud and cheating in business transactions. Forensic accountants are trained to look beyond the numbers and deal with the business reality of the situation. Forensic accountants do not confine their scope to detetecting and finding resolutions to fraud but also help prevent it by by facilitiating the development of prevention programs such as devising appropriate controls and identifying risk areas.

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