Today white-collar crime is a pervasive phenomenon of fraud in the corporate world. To unearth and curb the incidence of white-collar frauds in business, ideas are being drawn from various forensic sciences to supplement the thought process of accountants and auditors. Forensic accounting is a rapidly developing area of specialization primarily concerned with fraud deterrence, fraud detection and fraud investigation. The present study is focused on the nature and extent of white-collar crime and seeks to explore the need for corporate fraud prevention. An empirical study based on primary data...