Controller as Auditor Available on Monday, August 30, 2021 12:01 AM EDT until Friday, September 3, 2021 11:30 PM EDT Subscribe The chairman of the board of Hughes Corporation proposed that the board hire as controller a CPA who had been the manager of the team that conducted Hughes Corporation's audit engagement. The chairman thought that hiring this person would make the annual audit unnecessary and would consequently result in saving professional fee paid to the auditors. The chairman proposed to give this new controller aa full staff to conduct such investigation of accounting and operating data as necessary. Evaluate this proposal