Reference no: EM131727164
Assignment
The company with which you are currently employed is experiencing a financial crisis. The chief financial officer (CFO) has suddenly resigned and no one is discussing the reasons. The U.S. Securities and Exchange Commission (SEC) is investigating your company's accounting practices and from the documents they have requested, the issue seems to concern revenue recognition. Rumors are beginning to circulate that suggest inappropriate behavior on the part of your company. The organization is a publicly traded company and, as such, the company is required to issue a public notice concerning the sudden vacancy of the CFO. As a certified public accountant on the team drafting the notice, you are involved in communicating the current situation to the general public.
Write a press release of no more than 700 words.
Use the Public Relations Writing link to determine how you will format your press release.
Write an accompanying internal memo of no more than 700 words to your manager.
Include the following in your memo:
• Outline what your company is legally required to do.
• Explain the value of the public communication in this situation.
• Examine the balance between calming external stakeholders and the ethical considerations of providing all the information that is required by the SEC.
• Explain how the perception of the press release will affect public opinion.
|
Eastaprons sells aprons-accessories to network of customers
: EastAprons sells aprons and accessories to a network of customers (dealers throughout KSA and individual customers).
|
|
Deposits or withdrawals are made during this? period
: What will be the value of the account on the? child's twenty-first? birthday, assuming that no other deposits or withdrawals are made during this? period?
|
|
Find the standard deviation for the sum of two fair dice
: Probabilities for Sum of Two Dice Many gambling games use dice in which the number of dots rolled is equally likely to be 1, 2, 3, 4, 5, or 6.
|
|
Tattoos should or should not be banned in the workplace
: Tattoos should or should not be banned in the workplace, students should or should not be required to wear uniforms in public schools
|
|
Examine the balance between calming external stakeholders
: Examine the balance between calming external stakeholders and the ethical considerations of providing all the information that is required by the SEC.
|
|
How much money should be deposited today in an account
: How much money should be deposited today in an account that earns 7% compounded semiannually so that it will accumulate to $10,000 in three years?
|
|
Do you agree or disagree with the article findings
: Does the article fill a void within the literature that already exists on the topic - Does the article contain information that is new and be considered
|
|
What return must the risky investment promise
: A risk-free investment of $50,000 offers an annual return of 6%. A risky investment of $50,000 had a 40% probability of default
|
|
About the pollution control
: Three types of coal c1,c2 and c3 are pulverized and mixed together to produce 50 tones per hour needed to power a plant for generating electricity
|