COM 530 Week 6 Individual Assignment PR Communication Memo
For more course tutorials visit www.uophelp.com COM 530 Week 5 Learning Team Assignment Enhanced Formal Communications Project You are a junior accountant at a small accounting firm. A partner of the firm has asked you to communicate the new SAS 112 (Statement of Accounting Standards)—rules auditors have to follow—regulation to certain groups and how this change would affect them. He has asked you to create and submit a package of materials that includes the following components: • Write a brief, one- to two-page internal memo for other accountants at the firm. • Write a one-page memo to key clients with limited accounting backgrounds. • Create a brief, five- to six-slide Microsoft® PowerPoint® presentation with speaker notes for the bookkeepers of the firm’s clients. • Write a one- to two-page memo to your supervisor in the conclusion to your report, describing the challenges of communicating accounting changes effectively with different groups that would be affected by that change. What problems may occur from poor communication? Look at the following link for information on the affect of SAS 112 on accounting auditors: http://www.aicpa.org/Publications/Newsletters/GAQCAlert/2007/Pages/GAQC Alert No. 62.aspx Look at the following link for information on the affect of SAS 115 on accounting auditors: http://www.aicpa.org/Publications/Newsletters/GAQCAlert/2008/Pages/GAQC Alert No. 92.aspx
For more course tutorials visit
www.uophelp.com
COM 530 Week 5 Learning Team Assignment Enhanced Formal Communications Project
You are a junior accountant at a small accounting firm. A partner of the firm has asked you to communicate the new SAS 112 (Statement of Accounting Standards)—rules auditors have to follow—regulation to certain groups and how this change would affect them. He has asked you to create and submit a package of materials that includes the following components:
• Write a brief, one- to two-page internal memo for other accountants at the firm.
• Write a one-page memo to key clients with limited accounting backgrounds.
• Create a brief, five- to six-slide Microsoft® PowerPoint® presentation with speaker notes for the bookkeepers of the firm’s clients.
• Write a one- to two-page memo to your supervisor in the conclusion to your report, describing the challenges of communicating accounting changes effectively with different groups that would be affected by that change. What problems may occur from poor communication?
Look at the following link for information on the affect of SAS 112 on accounting auditors:
http://www.aicpa.org/Publications/Newsletters/GAQCAlert/2007/Pages/GAQC Alert No. 62.aspx
Look at the following link for information on the affect of SAS 115 on accounting auditors:
http://www.aicpa.org/Publications/Newsletters/GAQCAlert/2008/Pages/GAQC Alert No. 92.aspx
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<strong>COM</strong> <strong>530</strong> <strong>Week</strong> 6 <strong>Individual</strong> <strong>Assignment</strong> <strong>PR</strong> <strong>Communication</strong> <strong>Memo</strong><br />
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<strong>PR</strong>-<strong>Communication</strong>-<strong>Memo</strong><br />
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<strong>COM</strong> <strong>530</strong> <strong>Week</strong> 6 <strong>Individual</strong> <strong>Assignment</strong> <strong>PR</strong> <strong>Communication</strong> <strong>Memo</strong><br />
The company with which you are currently employed is experiencing a financial crisis. The chief<br />
financial officer (CFO) has suddenly resigned and no one is discussing the reasons why. The U.S.<br />
Securities and Exchange Commission (SEC) is investigating your company’s accounting<br />
practices and from the documents they have requested the issue seems to concern revenue<br />
recognition. Rumors are beginning to circulate that suggest inappropriate behavior on the part of<br />
your company. The organization is a publicly traded company and, as such, the company is<br />
required to issue a public notice concerning the sudden vacancy of the CFO. As a certified public<br />
accountant (CPA) on the team drafting the notice, you are involved in communicating the current<br />
situation to the general public.<br />
• Write a press release. You may conduct research to find examples of public notices of<br />
this same nature. Use the examples to determine how you will format your press release.<br />
• Write an accompanying internal memo no more than two pages in length to your manager<br />
that includes the following:<br />
o Outline what your company is legally required to do.<br />
o Explain the value of the public communication in this situation.
o Examine the balance between calming external stakeholders and the ethical considerations of<br />
providing all the information that is required by the SEC.<br />
o How the perception of the press release will affect public opinion
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