Frauds are old as humankind, and we come across them everywhere. There is no company that is not faced with the risk of fraud. Accounting laws and regulations allowed flexibility in the preparation of financial statements known as Creative accounting that is the subject to the commission of fraud by intentional expression of a distorted view of the business image. Fraud, embezzlement and corruption are the scope of forensic accounting. Forensic accountants are investigating and analyzing the purpose of disclosing manipulation in financial statements that deviate from accounting standards and other tax and legal regulations. In the world, techniques and knowledge, skills, accounting forensics proved to be the most successful solution in the fight against fraud. Using the qualitative and quantitative research method, in random selection of limited liability companies operating in Croatia, I tried to find out how much forensic accounting was able to develop in our country and whether it was sufficiently represented with regard to the amount of detected economic crime. In Croatia, the audit is still considered as sufficient measure to control the risk of fraud, although practice shows us a completely different situation. The examples and results of criminal investigations in Croatia, however, show great importance for the use of accounting forensics and how important it is that this branch of accounting science develops and gains its deserved place in the fight against fraud. Economic downturns and stagnation of economic development point to the importance of the problems of shortcomings in the successful resolution of financial frauds as well as the need for more detailed research on manipulation accounting techniques. In line with trends, it is necessary to encourage the training of internal investigators and auditors in the area of fraud and forensic audit to increase the number of detected fraud and reduce possible financial damage.