PR Communication Memo

PR Communication Memo

MEMORANDUM

TO: Management

FROM: accountant managerDATE: may 13, 2012SUBJECT: PR Communication Memo

This memorandum is being sent out to the management of the company. This memorandum consists of a press release that was sent to our internal and external stakeholders. This press release will also be submitted to the creditors and suppliers of the company. This press release and memorandum will help the management to understand that the Chief financial officer of the company has resigned and the organization is still strong after the critical resignation.

May 13, 2012-our company ABC technologies has finally announced the resignation of the Chief financial officer and made the resignation official to the management, stakeholders, creditors and its suppliers. Our Chief financial officer submitted his resignation to the chief executive officer of our organization. The resignation was submitted through email yesterday. Our Chief financial officer did not provide any valid reasons in his resignation and he did not want to discuss it with the rest of the employees of the organization. He also did not provide any kind of explanation behind his sudden and critical resignation from the position of chief financial officer. The chief executive officer is aware of the reason and don't want to convey them to the organization or the stakeholders.

The chief executive of our company ABC technologies informed about the resignation. Our chief financial officer joined our company soon after his master degree and has worked in the company for more than a decade. He further stated that “the resignation of our chief financial officer was un expected. It was a critical decision for me to accept the resignation as well. I believe that our chief financial officer was a valuable employee of our organization. He has contributed a lot to the growth and development of the organization. Our chief financial officer has been a great source of encouragement since the inception of the company. He has helped the company in international expansion and in its progress. He was a man of intelligence and used his analytical and critical skills to solve the organization strategic issues. We will regret losing our chief financial officer and we wish him best for his future endeavors.”

After the resignation of the chief financial officer, the U.S Securities and Exchange Commission has been deeply involved in the accounting principles of our company. The U.S Securities and Exchange Commission has asked the company to provide all the ...