This paper explores forensic accounting and fraud management strategies within Saudi Arabia, focusing on responses from 120 participants across three sectors: cement; energy; communications; the Department of Business Law at King Khalid University. The study analyses these responses and shows that there are very different performances between external auditors and professional accountants, mainly in their roles and their approach to the detection of fraud. These differences notwithstanding, both groups base on themselves on advanced tools and methodologies for detecting fraud around in financial and operational processes. The findings highlight the significance of developing industry specific fraud management approaches as well as a stronger alignment of auditing and accounting professionals to enhance the framework of fraud detection and internal controls more universally in Saudi Arabia.