Daniel has taken over as the new Controller of HD Ltd. Inc, a revolutionary manufacturing business in BC. Despite not having a solid accounting background, Daniel is looking to lead the way in making some long-overdue changes to the organization. He has been with HD Ltd. for almost three years, so he has some ideas on how to improve processes. Daniel's direct supervisor, Tara, also doesn't have an accounting background. When the previous CFO retired suddenly last month, Tara was immediately promoted to the Chief Financial Officer role. She, in turn, promoted Daniel, who had been in the finance department and had helped her with a few projects, to Controller. The Controller role was a new one created by Tara to help deal with the company's growing accounting demands. Daniel's direct supervisor, Tara, also doesn't have an accounting background. When the previous CFO retired suddenly last month, Tara was immediately promoted to the Chief Financial Officer role. She, in turn, promoted Daniel, who had been in the finance department and had helped her with a few projects, to Controller. The Controller role was a new one created by Tara to help deal with the company's growing accounting demands. Since Tara had worked as an administrative assistant to the previous CFO for five years, Daniel had assumed she was fit to take over. Still, he is wondering if perhaps the company lacks accounting expertise/leadership. Seeing how the only other accounting employee in HD Ltd. is Joe, an Accounting Assistant working under him, Daniel wonders if an external candidate would be better suited for his Controller role. Daniel's new contract promises that he will receive, as a year-end bonus, 1% of all growth in HD Ltd.'s pre-tax net income over the prior year. Hence, he is excited about expanding operations and taking on the equipment. He is also wondering if there are certain accounting policies that can be implemented to increase income on paper, even if no significant changes are made in the business. Advise Daniel on his career path and the current outlook on HD Ltd. Produce a business report, including comprehensive analysis, recommendations, and any questions you may need