Using forensic accounting, financial investigations and fraud detection have become very important in India. Because economic crimes like corporate wrongdoing, banking frauds, and abnormalities in finances have been rising, businesses should apply strong forensic audit techniques. A series of statistical tests are used in this research to find out if fraud occurs more, the links between data, and how successful forensic accounting is. Secondary data collection can include financial fraud reports, completed forensic audits, and regulatory publications produced in recent years, including those from 2012 to 2021. Key results highlight that fraud is occurring more, and so, Indian companies are increasingly challenged by fraud dangers. Impacted rates among multiple years show a significant positive correlation, while there is significant proof that fraud vulnerability depends on the passage of time. It is evident from the ANOVA results that it is necessary to use focused methods to prevent different types of fraud. According to the paper, researchers are still working on improving ways to use forensic accounting with machines and for future predictions. Some specialists suggest applying blockchain technology for security, using AI for analysis, and making common forensic standards available for everyone. Filling these voids allows this study to provide new information that can help strengthen India’s fraud prevention approaches. The document points out that forensic accounting is fundamental for ensuring a company and its finances remain open and credible.