Forensic Accounting is the specialty area of the accountancy profession which describes engagements that results from actual or anticipated disputes or litigation. “forensic” means “suitable for use in a court of law” and it is to that standards & potential outcome that forensic accountants generally should work. Forensic accounting is the of gathering & presenting financial information in a form that will be accepted by a court of jurisprudence against perpetrators of economic crimes. It is the comprehensive view of fraud investigation. It includes preventing frauds & analyzing antifraud control which includes gathering of nonfinancial information. Forensic accounting as assistance in disputes which are likely to involve litigation, arbitration, expert determination, meditation or an enquiry by an appropriate regulatory authority and investigation of suspected frauds, irregularity or impropriety which could potentially lead to civil, criminal or disciplinary proceedings while focusing primarily on accounting issues.