Solved by verified expert:Effective communication by financial professionals requires skills similar to communication in other areas and industries. Consider how successfully writing a summary might be an important skill to master as a financial professional. Also, consider how you might go about developing and refining this skill, as well as the resources you might use to check your writing for proper spelling, grammar, and other elements of effective communication. Write a summary of Item 7 of a publicly traded company’s most recent SEC 10-K. The company that you select must be having financial problems or nearing bankruptcy. You will use the SEC 10-K filings of this company, as well as other public information To prepare:2-page summary of Item 7 for the company you selected. Yahoo! Finance. (n.d.). Retrieved from http://finance.yahoo.com/This website has up-to-date financial news and information.KPMG International. (2012). IFRS compared to US GAAP: An overview. Retrieved from http://www.kpmg.com/Global/en/IssuesAndInsights/ArticlesPublications/IFRS-GAAP-comparisons/Documents/IFRS-compared-to-US-GAAP-2012.pdf
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