Write a 1-page memo to key clients with limited accounting backgrounds
You are a junior accountant at a small accounting firm. A partner of the firm has asked you to communicate the new Statement of Accounting Standards (SAS 112) regulation—rules auditors have to follow—to certain groups and to explain how this change would affect these groups. The partner has asked you to create and submit a package of materials that includes the following components:
Research SAS 112 on accounting auditors from the American Institute of CPAs (AICPA) website.
Research SAS 115 on accounting auditors from the AICPA website.
Write a brief, 1- to 2-page internal memo for other accountants at the firm.
Write a 1-page memo to key clients with limited accounting backgrounds.
Create a 5- to 6-slide Microsoft® PowerPoint® presentation with speaker notes for the bookkeepers of the firm’s clients.
Write a 1- to 2-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?
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