Identification of Professional Accounting, Managerial and Public Relation Issues in Business Setups

This capstone project identifies the common professional accounting, managerial and public relation issues in business setups. It analyzes the implications of these issues and proposes strategies to address them. The project explains the seriousness and commitment required in financial accounting, the importance of fair and consistent administration of policies in management, and the need to target the right influencers in public relations. The secondary data used in the project is derived from well-founded organizational records and other research purposes. The project proposes the incorporation of up-to-date software in professional accounting, effective policies in management, and comprehensive identification of influencers in public relations as strategies to address the identified issues.

Capstone Project 1
CAPSTONE PROJECT
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Capstone Project 2
Capstone Project
Identification of the professional accounting, managerial and public relation issues
common in business setups
Numerous challenges revolve around numerous business setups across the varying parts
of the business world. The most common ones basically relate to the accounts, management, and
public relations departments in these numerous organizations in the global business world
(Utami, Priantara, and Manshur, 2017, p.90). With regard to the professional accounting arena,
the replacement of the traditional ways of working with the current technology in the name of the
smart software systems that mainly deals with cloud computing seems to be the common
challenge (Brennan, 2016, p.87). In the area of management in most of the well-established
business ventures across the utmost parts of the world basically revolve around the issue of the
administration of policies fairly and consistently for the general and overall good of the involved
organization.
This calls for effective and efficient administration of the involved managers for the
smooth flow of their respective working stations. The public relation domain in numerous
business franchises suffers from a variety of issues across the world but the most common
challenge revolves around the idea of targeting the right types of influencers with the sole
purpose of making sure that the entity’s already set goals and objectives have been
comprehensively and conclusively achieved within the stipulated period of time.
Appropriate analysis and justification of the accounting, managerial and public relations
implications in business organizations

Capstone Project 3
With regard to the financial accounting field in any given business set up, elaborate
seriousness and commitment should be forthcoming because the general running of the involved
organization greatly depends on this enabled department (Ishaque, 2017, p.80). Things to do with
budgeting, purchasing and supplying are effectively and efficiently embedded in this particular
department which serves the purpose of propelling the involved organization towards realizing
the already set goals and objectives within a given period of time. The managerial department,
on the other hand, enhances the realization of the already set targets within the involved
organization with the fair and consistent administration of policies that should work for the
general good of the involved business entity.
With the accompaniment of effective and efficient arrangement of production and
elaborate organization of the numerous activities closely associated with the business at hand,
smooth and comprehensive flow of the events is inevitable (Theaker, 2017, p.95). The public
relation domain basically encompasses promotion development in its confines with the sole
purpose of enhancing improved sales within the involved organization. Accompanying this with
the effective and elaborate targeting of the exact and specific influencers who serve the purpose
of propelling the involved business entity to the extreme heights of the business world,
tremendous success and prowess are with no doubt inevitable.
The explanation of the key secondary data and their established sources
With regard to the sole purpose of saving on time and other unnecessary expenses, the
relevant data had to be collected from different and diverse secondary sources both from within
the local set up as well as other external setups (Scarborough, 2016, p.75). Other well-founded
benefits as far as the secondary data is concerned revolves around the elaborate idea of there

Capstone Project 4
already being an appropriate background that is very vital with regard to the overall area of
study. This elaborate merit can also be accompanied by the pre-established degree of validity
that the secondary data encompasses serving the bold purpose of making sure that the general
scope of the current area of study that basically deals with challenges that are commonly
experienced in the business world assumes the actual and exact direction.
The elaborate sources of these particular data basically revolve around the derived
information from well-founded organizational records established in several business entities
both from the local scene as well as the diverse and utmost parts of the global business world
(Van Der Aalst, La Rosa and Santoro, 2016, p.80). Other research purposes also served the
overall purpose of generating this secondary data. The data provided the required overview
needed in learning the usual implications that are generated by the financial, managerial as well
as the public relations departments closely linked up to all business entities across the world.
Development of a strategy of addressing the financial, managerial and public
relations issues in organizations
Elaborate incorporation of the up to date software in all business entities with regard to
the professional accounting is paramount in making sure that the involved activities are
performed with the highest level of expertise and professionalism (Jeston, 2014, p.70). Effective
as well as efficient policies should be elaborately rolled into action by all management in the
numerous organizations across the globe so as to make sure that the already set goals and
objectives are fully and appropriately realized with the stipulated period of time. The ability and
capability of comprehensively identifying the actual influencers with the sole purpose of
propelling the involved organization’s agenda are inevitable for the public relations department

Capstone Project 5
that is to be found in numerous business setups across the utmost parts of the business world
(Pearson, 2017, p.130).
Bibliography
Utami, W., Priantara, D. and Manshur, T., 2017. Professional accounting education in Indonesia:
Evidence on competence and professional commitment. Asian Journal of Business and
Accounting, 4(2).
Brennan, N., 2016. Are Ethics Relevant to the Practice of Professional Accounting?.
Ishaque, M., 2017. Managing conflict of interests in professional accounting firms (Doctoral
dissertation, Anglia Ruskin University
Scarborough, N.M., 2016. Essentials of entrepreneurship and small business management.
Pearson.
Van Der Aalst, W.M., La Rosa, M. and Santoro, F.M., 2016. Business process management.
Jeston, J., 2014. Business process management. Routledge.
Pearson, R., 2017. Business ethics as communication ethics: Public relations practice and the
idea of dialogue. In Public relations theory (pp. 111-131). Routledge.
Theaker, A., 2017. What is public relations? In The Public Relations Strategic Toolkit (pp. 17-
27). Routledge.