COM 530 Week 6 Individual Assignment PR Communication Memo

COM 530 Week 6 Individual Assignment PR Communication Memo
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COM 530 Week 6 Individual Assignment PR Communication Memo
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 why. 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 (CPA) on the team drafting the notice, you are involved in communicating the current
situation to the general public.
Write a press release. You may conduct research to find examples of public notices of
this same nature. Use the examples to determine how you will format your press release.
Write an accompanying internal memo no more than two pages in length to your manager
that includes the following:
o Outline what your company is legally required to do.
o Explain the value of the public communication in this situation.

o Examine the balance between calming external stakeholders and the ethical considerations of
providing all the information that is required by the SEC.
o How the perception of the press release will affect public opinion