Preheat oven to 400 degrees. Grease round cake pan.

Combine:

3/4 c. firmly packed brown sugar
1/2 c. chopped nuts
1/3 c. butter
2 tbsp. water

Heat until butter melts. Separate 2 cans biscuits, cut into squares. Put into large bowl. Pour mixture over biscuits - toss until evenly coated, spoon into pan.

Bake 20-30 minutes or until brown. Let stand for 3 minutes. Pull apart and serve while warm.