"the derived results. The knowledge gained during my curse of learning has transformed me tounderstand the rules of ethics & applying them diligently when required. Due to my degreeearned, I am able to apply my knowledge in the real life scenarios of the organizationworking, understanding of the functionalities of the organization, providing them a correctpicture of projected figures & hopes. Due to my calculations & derived results, I am able todraw concrete results which are based on the actual numbers & not upon the false stories,assumptions.This has lead in the building of trust, integrity & made investors hold values towards ourorganization. Adhering to the internal & external protocols has made our stakeholders feelsecure about their future as they can be dependable upon us.All these are driving factors dueto the correct financial reporting & forecasting the future of our organization. Strategies The strategies which are addressed for the project are the understanding of the knowledge,application part of the learned skills in the real world & deriving concrete results out of it. It9 is often seen that individuals do earn a degree but they fail to apply it in the real life. Thepractical knowledge & correlations drawn has no added value to the degree earned. Peopleoften gain knowledge but do know how to apply it.The strategies involved are the application part which is important & to understand thetechnical know-how gained from the subjects of the accounting, management, or publicrelations implications, rules of conduct within an organization & finally to derive the concreteresults. To understand it we need to understand the applicability in the various categories-: Role of professional accountants applied in the business The financial attributions & understanding of the exercising of the skills, understanding of thebusiness operations by which it is operating. The complex environment in which the businessis working & understanding of the internal, external factors upon which the challenges,outcomes & functionality is dependable upon. The resolution in resolving such complexcases is dependable upon the learned skills & applicability of the calculations upon which thegoals & accounting standards, practices are dependent upon.It is values add for theorganization as the management would be able to derive a sound judgment, conclusion &forecast the future earnings of the organization (Peter, 1994). The interests vests in theaccountants who could guide, show direction & help in formulating a strategy for theorganization by making management understand the present scenarios & the future projectedoutcomes which will be dependable on the calculated financial information.It also helps inthe understanding of the internal & external risks upon which an organization would be ableto avoid the pitfalls & would be able to regulate their measures..Public Interests10 It is for the betterment & for safeguarding the public an accountant is responsible. It has totackle the public duties with undue respect & value it (Noe, 2006). Hence an accountantneeds to strategies to the ethical working of an organization upon which the public interestbestows it. Competing DemandsIt is of utmost important for an accountant to bestow conflicts & balance it with thecomplexities of the real scenarios. As a job functionality of holding a degree like accountancyone needs to formulate a strategy by which an undue advantage is not taken by the competingworld (Deaton, 1980). The code of confidentiality, ethics, integrity, discipline needs to beadhered before exercising the knowledge, application of the learned skills & applicability. Allthe financial rules pertaining to the organization, internal & external factors & risks need tobe addressed before it’s implemented in the real world. Regulatory Professional Accounting Bodies in Professional AccountantsDue to the regulatory professional accounting bodies, it has resulted in the generating of theethical professional accountants who know the red flag areas & work diligently to avoid therisks. With the regulatory accounting bodies, they are able to address the concerns &highlight the issues to resolve it. For day-to-day- basis they need to exercise their knowledgeskills & mechanical expertise in enhancing their deliverables which are required by theorganization.This helps in manifesting a strategy which could help the organization tooperate, grow & prosper ethically.Any red flags or pitfalls can be avoided after addressing it& calculating the risk factors (Davis, 1984).As the professional accountants work in the live examples & know the application part whichwould help them to deal with the complex issues in which the business is operating.They11 depend on such professional bodies to get a professional education, knowledge & learningnew skills which would help them to grow & prosper. The updated skills & technicalknowhowexpertise are gained through these professional regulatory bodies that help theprofessional accountants deliver their work with great confidence & stride. Evolving Environment& Ethical considerationsIt is the duty of the management & of the professional accountant to foresee the challenges,issues & any concerns which would lead to the devastating effects in the capital market.Ifany slight error or fraud on the part of the professional accountant comes, it can lead torepercussion effects on the organization (Assael, 1984). The value & ability are dependent onthe accountant who holds a high respect in the eyes of the public upon which the organizationis able to fulfil the promises & deliver them. Professional people are accountable nationallyas well as internationally. They need to provide support for their roles & drive success on thebasis of the achieved organization goals & projected profits. For the project the strategies projected are to work in a complex environment in which theethics are involved, adhering to the rules, regulations, strict protocols are followed & anybreaches of conduct would lead to the misuse of the earned degree. It should be duly notedthat individuals who earn the degrees are solely responsible & are held accountable for theirdegree. Any breaches or misguidance are seen as fraud & losing of faith of the public (Ahire,1996). One should be aware that an organization builds, grows & develops positively due tothe environment, society & community in which it exists. It is a sole duty of the professionals to embark an ethical code of conduct while dealing withthe various stakeholders, investors & clients as they represent not only the organization theyare employed in. All these elements are crucial to judging if the company is not conducting12 "