Please help The chairman of the board of Hughes Corporation proposed that the board hire as controller
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The chairman of the board of Hughes Corporation proposed that the board hire as controller a CPA who had been the manager of a team that conducted the Hughes Corporation audit engagement. The chairman thought that hiring this person would make the annual audit unnecessary and would consequently result in saving the professional fee paid to the auditors. The chairman proposed to give this new controller a full staff to conduct such investigations of accounting and operating data as necessary. Evaluate this proposal.
Related Book For
Auditing and Assurance Services
ISBN: 978-0077862343
6th edition
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
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