Fraud Examination 4th Edition by Steve Albrecht,Chad Albrecht,Conan Albrecht ,Mark Zimbelman

Exercise 17

You are the controller at a start-up company named Hyper Global created by your friend, Kevin. Your company is growing quickly, and you and Kevin are finding it difficult to hire qualified people fast enough. Kevin suggests over lunch that you should expedite the process by skipping the sometimes time-consuming chore of running background checks. He notes, "I interview them anyway, and I can tell if they are honest just by talking to them. We should do away with this silly background checking business." Do you agree How would you respond to Kevin What is at stake if hiring mistakes are made