Watch James Corden in Emma Stone Drag For 'La La Land' Parody

'Late Late Show' host spoofs Best Picture gaffe in performance of film's "Audition" scene

James Corden honored the Oscars' Best Picture mix-up with an expert parody of Emma Stone's "Audition" song from 'La La Land.'

James Corden relived the Oscars' Best Picture blunder by portraying Emma Stone's "Audition" sequence in La La Land on The Late Late Show Monday.

Donning a periwinkle sweater and red wig à la Stone's character, Corden stood before two casting directors and began to "paint [them] a picture" of the moment when La La Land was Best Picture. Slowly, Corden broke into song as the truth came out that Moonlight was the real winner, belting, "Here's to the ones that lose/ God I need so much booze!" Corden also honored Warren Beatty's eyesight and the PricewaterhouseCoopers accountants, proclaiming: "So here's to the Ryan's who hold back from cryin/ Producers and Chrissy Teigen's man/ And here's to my sense of shock/ More stunned than the Rock!"

Elsewhere on The Late Late Show, Corden spoke with Sara Bareilles, who performed a cover of Joni Mitchell's "Both Sides Now" during the In Memoriam segment at the Oscars. Bareilles recalled awkwardly waving to Jennifer Aniston helped calm her nerves. She also admitted that she was actually back at her hotel changing when the Best Picture mix-up occurred.